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Retirement’s Big Health Care Bill, And How To Tame It

How much do you need to budget for health care expenses in retirement? Spoiler alert: It’s a big number with a lot of zeroes. According to Fidelity Investments, which has been measuring health care costs since 2002, staying healthy will run the average retiree couple about $9,400 per year, or almost $800 per month. That […]

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What Color Is Your Financial Future: Red, Yellow, Or Green?

Picture this: we’re meeting with clients in our conference room. Last time we put their retirement scenarios to the test, the results weren’t good. They had less than a 50% probability of making their money last. We coach them on what it will take to win the retirement challenge, and have them set a new […]

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Behind The Curve On Saving For Retirement? Here’s A Simple Fix

Many people don’t start saving for retirement until they hit their 40s and 50s. That can make it tough to get back on track. So here’s a simple fix. If it’s hard for you to get more money into your retirement accounts, consider pushing back your retirement date instead. Recent research detailed in today’s Wall Street […]

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What Every Divorced Woman Should Know About Social Security Benefits

We’ve had more than a few meetings in our office recently with women clients, talking about improving their retirement readiness and the benefits they can expect to receive from Social Security. We have to admit that there is little that is more complicated, even for financial professionals, than the ins-and-outs of Social Security. Not to […]

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The $1 Million Retirement Dilemma

How much does it take to retire? We’ve seen a lot of clients tackle retirement throughout the years, and frankly, we would have to say that what you need really depends on you. Some clients have retired with relatively little in assets, but they have managed to live very fulfilling and comfortable lives thanks to […]

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Too Soon To Talk (Roth) Turkey

With tax rates headed lower for many people, this might be a good year to consider a Roth conversion. For the uninitiated, that’s when you withdraw funds from a traditional IRA, pay the tax now instead of later, and then move the funds into your Roth IRA. Once your savings are in a Roth, they’ll […]

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How Your Kids Can Be Millionaires By Retirement

Every parent wants the best for their kids. But smart parents know that encouraging their kids to save can give them a serious head start on a million dollar nest egg. Contributing Editor Kim Lankford of Kiplinger’s magazine talked to Associate Client Advisor Anthony LaBrake, CFP® in our office about how opening a Roth IRA can get your child […]

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Quick Take: Best Banks For Protecting Vulnerable Seniors

What banks score best for protecting seniors from hackers and scams? TD Bank, Bank of America, and PNC all take top spots, says Money Magazine.  

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Crunch Time For Retirement: Playing Catch-Up

Getting closer to that magic retirement age, but not enough set aside to take the leap? We shared some ideas about how you can play catch-up in an wide-ranging interview with Nancy Dahlberg of the Miami Herald. The article was part of a special Herald section on retirement, health and fitness. Start with a mental picture […]

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Watch Out For These Changing Tax Deductions In 2018! (And What You Need To Do Now)

The Tax Cuts and Jobs Act, passed last year, will change the way you can deduct expenses on your 2018 taxes. The new tax regime is expected to lower taxes for the vast majority of Americans, as well as small-business owners — at least until the cuts expire after eight years. Here’s a brief summary of how your […]

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