Statistics show that less than half of U.S. citizens are ready for their own retirement. The numbers get worse when one looks at the Baby Boomer crowd, as those individuals are batting one out of three. Once concern, coloring the picture for younger savers, is the ubiquitous student loan, a millstone around many a millennial […]
Every year economic experts gather for an annual pow-wow in the beautiful state of Maine. Experts are currently in agreement that Americans approaching the crest of retirement are in a bit of a pickle. CDs and treasury notes are thin yielders at best lately. The staple of many soon to be retirees, the 401{k,} has […]
There are many things that are in the minds of elderly people who have a lot of money. They have a lot of assets and they know that the game of life is slowly coming to a close for them! As a result, they want to be prepared to leave something behind to their potential […]
An LLC is something that all of us have seen on various companies out there. Some of us even have family members who have companies with this title and you have always wondered it stood for. Little do most people know, there is nothing more to an LLC than people trying to protect their assets […]
Being able to be in control of your finances is such an important skill to have. Believe it or not, there are so many people out there who simply are not able to be in control of these things! It is difficult to imagine a world without credit because so many people live on their […]
When looking to manage your own finances, you must make sure that you are privy to a lot of information before you get started. Investing is a risk; there is no other way to describe it. There are some professionals who know what they are doing but even they do not know exactly where the […]
There are several different Medicare options to choose from, known as Medicare Part A, B, C, and D. Part A covers a percentage of inpatient hospital visits and skilled nursing facility stays. Part B is for basic care and includes doctor visits, outpatient therapies, and some medical testing. The Medicare Advantage program is Part C […]
For many of us, spring-cleaning means cleaning out our houses, but this can (and should!) extend to our finances as well. Spring is a time to look through your portfolio for under performing assets, go through your debts, and ensure your taxes are filed properly and that you’re not paying too much or too little. […]
On this weeks “Money Matters”, we discuss three true or false questions. Whether insurance pays the benefits owed to the beneficiary even if that person is a minor. Will trumps a life insurance policy beneficiary listed? Also whether you should have a secondary beneficiary listed. Do beneficiaries that are minors receive payment from insurance companies? […]
How do you find meaningful work in your later years? Barbara Greenspan Shaiman, author of Live Your Legacy Now, offers a few ideas in her book and presentation. First, decide what it is that you love to do. Then, determine what angers you. Combine these and you have your legacy idea. What skills do you […]