‘Tis the season for turkey, tinsel and toys. Unfortunately, all too often it’s the season for scams, as well. Last week’s headlines told the story of an 82-year old Tampa woman who apparently fell for a “grandparent scam” and lost over $700,000. This is one of the top 10 financial scams targeting seniors, according to […]
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Gift And Estate Tax Changes For 2022: What You Need To Know
The IRS just announced important gift and estate tax changes for 2022 that you’ll need to know. Higher Gift Limits The annual gift exclusion increases to $16,000 for calendar year 2022, up from $15,000 for calendar year 2021. That’s the amount you can gift to anyone during the year, whether children, family, or friends, without […]
Considering A Move To A Retirement Community?
A shout out to one of our very astute clients for recommending a great consumer guide for people who may be considering a move to a retirement community. It’s called the Consumer’s Guide to Continuing Care Retirement Communities, and it’s issued by the National Continuing Care Residents Association. That’s a non-profit organization of residents and prospective residents of […]
4 Facts To Understand So You Don’t Outlive Your Savings
Retirement today is a whole new ballgame, and it might run a few extra innings. That may not be the best sports analogy, but it’s one of the main takeaways from an online conversation sponsored by Barron’s with gerontologist and aging expert Ken Dychtwald, CEO and founder of Age Wave. Dychtwald is a prolific writer and […]
Quote Of The Week: Connecting With The Next Generation
“59% of investors believe their children and grandchildren should meet their financial advisor by the age of 25.” Spectrem Group, a Chicago-based research firm specializing in wealthy investor psychology and behavior, “$25 Million Plus Investor Report,” April 2021 Does that quote surprise you? The truth is that as many of America’s well-off baby boomers age, their thoughts turn to […]
How To Tell If a Retirement Community Is Financially Sound
If you or your parents are contemplating a move to an assisted living or continuing care retirement community (CCRC), you’ll want to take a look at Glenn Ruffenach’s informative article in last week’s Wall Street Journal. Ruffenach, who writes frequently on retirement issues, tackled a question on many people’s minds. How can you make sure […]
3 Steps You Can Take For World Alzheimer’s Day
Monday, September 21 is World Alzheimer’s Day. If you’ve had friends or family members who have suffered from Alzheimer’s disease, that makes it a very meaningful day of the year. More than 5 million Americans are living with Alzheimer’s disease, according to the Alzheimer’s Association. Almost two-thirds of those affected are women. It is the […]
Elderly Care in Times of Pandemic
We’re pleased to share with you a guest blog from our colleague Linda Ames Lyon, CFP®, MBA. Linda serves as Associate Advisor with Mercer Advisors in its Washington D.C. branch. She writes about the very personal journey she went through with her husband as they discovered her aging mother-in-law needed a higher level of care. […]
Quote Of The Week: Amazing Advances In Life Expectancies
“Four million years of evolution extended average life expectancies by 11 years. But over the last 120 years alone, we’ve extended life expectancies on this planet by an additional 40 to 42 years. We sometimes forget that 50% or more of all economic growth in the world can be attributed to public health and medical […]
Quote Of The Week: Aging In Place Is Easier Said Than Done
“Aging in place can be more challenging than you might expect. While most seniors say they want to age in place, a much smaller percentage of them actually manage to accomplish it, studies show.” Mary Kane, Associate Editor, Kiplinger’s Retirement Report, “Moves to Make Now To Age in Place,” January 28, 2020 The Takeaway: Most […]
About Mari Adam, CFP®
Mari Adam, Certified Financial Planner™ has helped hundreds of individuals and families build wealth and plan for a more secure financial future for over 30 years. Her advice has appeared in publications such as Wall Street Journal, Kiplinger’s, Money Magazine, Business Week, and CBS MarketWatch.
