The most effective retirement planning involves keeping up with current legislation and using it mindfully to make the most of your savings and do the things you’ll enjoy most in retirement. For instance, a recent change provides a tax credit for new clean vehicles...
1. Educate Yourself: Knowledge is the first line of defense against elder scams. Take the time to educate yourself about common scam tactics targeting seniors. Understand how scammers manipulate emotions and use deception to gain access to your finances. By...
Small changes can make a big impact on your financial well-being. Here are some tips on how you can clean your finances this year. 1. Review your budget: identify areas where you can cut back. Look at your monthly expenses and see if there are any recurring...
Retirement planning holds immense importance in effectively managing your finances. We understand the significance of guiding you through the potential challenges associated with Medicare. While Medicare offers valuable healthcare benefits, it is crucial to be...
As a financial planner, one of the more common traps I see people falling into is the Social Security trap. Many retirees rely solely on their Social Security benefits for retirement income, unaware of the potential consequences. In this blog, we will explore...
Remember, there is no spousal benefit for a widow/widower, but he or she does qualify for a survivor benefit that is equal to 100% of the deceased spouse’s benefit (versus the 50% spousal benefit if the working spouse is still alive). This survivor...
