News You Can Use

November 13, 2018

Retirement Planning Doesn’t Stop When You Retire

Retirement can mean uncertainty if you haven’t taken steps to plan for it appropriately. In a June 2018 Bankrate survey, 61% of Americans admitted that they still don’t know how much they’ll need ... Read More
November 6, 2018

What a Democratic House Would Mean for Your Taxes

Last year, without a single Democratic vote, Congress reshaped the tax code, lowering individual tax rates, dropping the corporate tax rate to 21% from 35%, doubling the estate tax exemption, curtailing ... Read More
October 30, 2018

The Stock Market Is Sliding Again. Here’s What You Should Do Now

Recent market turbulence, including today’s sharp stock market drop, has been a wakeup call for many investors. Feeling queasy? It isn’t too late to make portfolio changes: The S&P 500 may be down 10% from its all-time high in September, but it’s still ... Read More
October 22, 2018

How Mega Millions changed the odds to create a record-breaking $1.6 billion jackpot

They don't buy lottery tickets. Not habitually, anyway. But the jackpot chasers typically emerge when they see the Mega Millions prize tick up and up and up, and they figure, "Hell, why not?" Read More
October 15, 2018

6 Whopping Tax Mistakes That Can Ruin Your Retirement

Sadly, tax planning doesn’t end when you retire. The Internal Revenue Service (IRS) still wants its share of your retirement earnings. While many live on less in retirement, others may end up spending more. That could lead to higher tax bills, especially if tax rates are raised ... Read More
October 8, 2018

Fall season means it is time to tune up your Medicare

CHICAGO (Reuters) - If you are not happy with your Medicare coverage, now is the time to make a change. The annual Medicare fall enrollment period for 2019 begins on Oct. 15 and runs through Dec. 7. This is the time of year when you ... Read More
September 21, 2018

Women and the Retirement Crisis

Here’s a number that will knock your socks off: $400 trillion. By 2050, the retirement savings shortfall in eight of the world’s largest economies is expected to reach $400 trillion, according to estimates from the World Economic Forum (WEF). The shortfall is the difference ... Read More
September 21, 2018

It’s National Preparedness Month!

The Cambridge Dictionary defines “prepare” as making or getting something ready for something that will happen in the future. It also states: “to expect that something will happen and to be ready for it.” Read More
September 21, 2018

How Will President Trump’s Tariffs Impact Your Investments?

Fundamentally, the topic of tariffs is good. Government leaders implement tariffs on foreign products and services to restrict imports by tacking on additional taxes or fees. The aim is to make foreign products less attractive ... Read More
September 21, 2018

4 Questions to Ask About Long Term Care

As you age, calculating the chances that you’ll need long-term care—and the associated costs—is incredibly important. More than half of people turning 65 will require long-term care during their lifetimes, and the costs may be ... Read More
September 17, 2018

10 Years Ago Today, the American Economy Nearly Imploded. Here’s What’s Gotten Better — and What Hasn’t

A decade ago, the American economy stood on the brink of collapse. Years of over-borrowing and over-confidence had already caught up to the housing market and sent home prices crashing. On Sept. 15, 2008, those same forces would topple Lehman Brothers, a storied Wall Street ... Read More
September 14, 2018

Critical Deadlines Checklist – Due October 15, 2018

Time is running out. Fall is here and along with Halloween and pumpkin-spice-everything come critical retirement account deadlines! Be sure that you complete the following transactions by October 15, 2018: Read More
September 10, 2018

U.S. Markets Strong in August, But Are There Risks Ahead?

August was another great month for the U.S. markets, but what is the outlook for September? Let’s take a look back and evaluate what risks may lie ahead. Read More
September 4, 2018

You Might Live To Be 100! Better Do Some Planning

Failing to prepare for all stages of retirement and aging can lead to heartache and panic in an emergency. If you ignore the fact that you have a good chance of someday being 90-something or 100-something, you do it at ... Read More
August 28, 2018

5 Steps to Take if the Bull Market Run Has You Thinking of Unloading Stocks

It may be time for a gut check. On Wednesday, the decade-long bull market that keeps rolling became, by one measure, the longest such run in United States history. For many investors, that raises a reasonable question: Should I be taking some money off ... Read More
August 20, 2018

Women Outlive Men. Why Do They Retire Earlier?

Based on current life expectancy tables, a typical girl born in the United States today will most likely live until she is almost 87 years old — nearly four years longer than a typical boy born in 2018. But if current trends remain in place, she will probably earn less than he will, thanks in part, to a career that may be delayed or interrupted by bouts of caregiving, including motherhood. Read More
August 13, 2018

How To Complete Your End Of Summer Financial Wellness Check

Most of us would agree that it’s important to schedule regular medical and dental check-ups at least once per year. Whether or not we actually follow through with those wellness visits is another story. Read More
August 6, 2018

How Your Life Insurance Can Affect Your (or Your Beneficiary’s) Taxes

When you're getting your affairs lined up, it's natural to wonder whether any portion of it won't make it to your heirs. After all, taxes take a bite out of most big payments. Does that mean the proceeds of your life insurance policy will be taxed, too? Read More
July 30, 2018

6 Things That Will Help You Grow Wealth (That Most People Won’t Do)

“How can I grow wealth?” As a financial planner, I hear this question (or some variation of it) almost every day. And while I’m happy to provide answers and advice, there’s something I’ve noticed about most people who ask this question. They don’t take ... Read More
July 23, 2018

This Crazy Market Seems Unstoppable

This crazy stock market seems unstoppable. Larry Kudlow, the economic advisor to President Trump, was on his old network today talking about how he has come to terms with Chinese tariffs and thinks more tax cuts are coming. Yesterday, Fed chairman Jerome Powell said the economy is humming along. Read More