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Tuesday, April 13, 2021

The OC Impact Project was created to form a network of business leaders committed to working together to make a greater impact in Orange County, California. We want to highlight business leaders in the OC area who best exemplify what...

 

Tuesday, March 23, 2021

How To Buy A Bigger Home When You’re A Self-Employed Home-Based Business Owner Anytime you buy a house, the process can be long and challenging. As an entrepreneur, you might even be at a disadvantage. Traditionally, banks...

 

Thursday, January 28, 2021

Roth conversions in 2021 could save you 18% in federal taxes or MORE if the government decides to increase taxes in the future. Roth conversions are the act of converting a Traditional IRA into a Roth IRA. You can convert freely...

 

Wednesday, December 2, 2020

Are you wondering if you can deduct your credit card interest this tax season to move to a lower tax bracket? The answer is most likely no. The Tax Cuts and Jobs Act, signed by President Trump in 2017 was the biggest overhaul of the...

 

Wednesday, November 25, 2020

Roth conversions in 2020 have many benefits, a lot of which will not be here at the end of this year. 2020 has brought many challenges to Americans financially. However, now that 2020 is finally coming to an end, we still have time to...

 

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Wednesday, November 18, 2020

In situations where a debt has both a higher interest rate and higher balance than another debt, the debt-snowball method will prioritize the smaller debt even though paying the larger debt would be more cost-effective. Several writers...

 

Wednesday, September 30, 2020

Research shows that families who have incorporated the appropriate amount of guaranteed retirement income are more financially secure and enjoy the peace of mind in knowing that they have a level of guaranteed retirement income for...

 

Wednesday, September 23, 2020

Join us for a behind the scenes tour of the AFI Group headquarters and question and answer sessions with The AFI Partners. Executive Director, Robert Sousa, interviews President Brian Walker and Senior Investment Manager Edward Schuh...

 

Wednesday, September 16, 2020

Unfortunately, the COVID-19 pandemic brought the longest uninterrupted period of US economic expansion to a halt. It lasted more 10 years, from 2009 to 2020. During this time, economic growth was neither hot nor cold, but relatively...

 

Wednesday, September 2, 2020

Finding the right LIRP for your tax-free retirement plan can be just like finding the ideal spouse. Just as you likely had a list of qualities you were looking for in a life-long partner, you should have certain attributes and...

 

Wednesday, September 2, 2020

Best Selling Book: Look Before You LIRP

 

Tuesday, August 25, 2020

KEY POINTS Democrats in the California state legislature this week proposed a tax hike on the state’s highest earners to help pay for schools and services hurt by the pandemic. The proposal would raise taxes on California...

 

Tuesday, August 25, 2020

California legislature has proposed two new tax bills that would raise taxes on wealthy residents. These proposals have been a topic of discussion among many politicians as we head towards the election later this year. Many people are...

 

Wednesday, August 19, 2020

Election years historically bring uncertainty to the stock market, and uncertainty often translates to economic volatility. While the changing of the guard will have an impact on your retirement, changes you make today can determine if...

 

Wednesday, August 12, 2020

Have you discovered the value of podcasts for financial insight? Gaining outside perspectives is a smart way to look at your financial future. There are podcasts for all ages, genres, and cultures and they can be fiction or nonfiction...

 

Tuesday, August 11, 2020

Universal life insurance is permanent life insurance — that is, it remains in force for your whole life. But universal life insurance has an important difference from other types of permanent insurance: it provides a flexible...

 

Thursday, August 6, 2020

A Life Insurance Retirement Plan, also referred to as an LIRP, is a life insurance policy that is specifically designed to create a tax -free retirement income. It is a permanent life insurance plan that shares similar characteristics...

 

Wednesday, July 29, 2020

An old proverb says that little leaks sink the ship. Icebergs get all the headlines but most ships lying on the seafloor didn’t hit an iceberg. While paying more taxes than necessary might not sink your retirement, it can impact...

 

Wednesday, July 22, 2020

Tax breaks like those on capital gains will end, hedge fund hotshot predicts, if either Trump or Biden wins. Taxes are on the way up, post-crisis, regardless of who wins in November, according to hedge fund potentate Leon Cooperman....

 

Thursday, July 16, 2020

One of the key benefits of a bond ETF is the immediate diversification, both across your portfolio and within the bond portion of your portfolio. Your returns will tend to be more resilient and stable than a portfolio consisting of...

 

Wednesday, July 1, 2020

Presumptive Democratic nominee Joe Biden told potential donors to his campaign that he would roll back most of President Donald Trump’s multitrillion-dollar tax cuts – even though “a lot of you may not like that...

 

Wednesday, July 1, 2020

Most Americans understand the importance of saving for retirement, however many of them are not aware of the tax implications that go along with investing in a traditional or Roth IRA. There are pros and cons to each but given the...

 

Tuesday, June 23, 2020

A Roth annuity can be a valuable alternative to traditional annuity investing—combining the powerful tax benefits of the Roth with the income security provided by an annuity can heighten the value of both investment strategies...

 

Tuesday, June 23, 2020

When it comes to growing and preserving wealth, it’s important to bear in the mind the volatility of the markets and how it could impact your retirement income. Fortunately, there are ways to help shield your savings from market woes....

 

Monday, June 15, 2020

SOCIAL SECURITY: FIVE FACTS YOU NEED TO KNOW Social Security can be complicated and, as a result, many individuals don’t have a full understanding of the choices they may have. Here are five facts about Social Security that are...

 

Monday, June 15, 2020

MAXIMIZING SOCIAL SECURITY BENEFITS Most understand that waiting to claim Social Security benefits can result in higher monthly payments. However, many don’t know that there are other ways to maximize their benefits, some of...

 

Tuesday, June 2, 2020

Our national debt is on an unsustainable path. Recently, our debt reached another landmark number. $25 trillion. Certainly, a number of that magnitude may sound alarming to most citizens; but it may be more shocking that 20 days later...

 

Friday, May 22, 2020

This strategy could allow you to create tax-free income in the future while allowing you to participate in the recovery of the market. This week we wanted to talk about a unique opportunity to convert tax-deferred assets into tax-free...

 

Thursday, May 21, 2020

The July 15 deadline also applies to fiscal year filers and many businesses. It applies to any individual or business entity that would normally have to file or pay by April 15. How about those who pay quarterly taxes? On April 9, the...

 

Thursday, May 21, 2020

Stocks drifted lower last week, weighed down by Federal Reserve Chairman Jerome Powell’s unsettling comments on the economy and signs of renewed tensions with China. The Dow Jones Industrial Average fell 2.65%, while the Standard...

 

Tuesday, May 12, 2020

We keep hearing financial advisors telling everyone to "Stay the course". If that is the case, then why is there so much buying and selling on Wall Street? Warren Buffett described fear and greed as diseases that infect investors in a...

 

Sunday, May 10, 2020

Despite a historic downturn in employment, stocks managed to climb higher last week as investors were emboldened by the pace of economic re-openings, both here and abroad. The Dow Jones Industrial Average gained 2.56%, while the...

 

Saturday, May 9, 2020

Even in “normal” times, the news can be depressing. But these days, it can seem like there’s an awful lot to worry about. Here’s a sampling of the types of headlines I’ve seen recently: Why US hospitals...

 

Friday, May 8, 2020

Special Needs Trust A Special Needs Trust (SNT) allows for a disabled person to maintain his or her eligibility for public assistance benefits, despite having assets that would otherwise make the person ineligible for those benefits....

 

Monday, May 4, 2020

With uncertainty swirling over the coronavirus (COVID-19), the markets are undoubtedly taking a hit. And while market volatility can be unsettling, it’s times like these when it’s important to remember we’re always keeping a watchful...

 

Monday, May 4, 2020

Could COVID-19 change our lives forever? Undoubtedly so. The viral outbreak has absolutely upended our lives. With the stock market meltdown that began on February 20, 2020 and panicked headlines dominating the news, the financial...

 

Monday, May 4, 2020

Growing tensions rise as business owners want to re-open, the unemployed want to find work, and families want to spend a day at the beach to avoid strangling each other. Join us for this week's informative and entertaining update with...

 

Thursday, April 30, 2020

As the United States unemployment reaches 16% this week, the White House economic advisor Kevin Hassett warns American that if we continue the current shut down the unemployment rate will exceed the Great Depression. The AFI Group and...

 

Thursday, April 30, 2020

If there’s one thing almost everyone can agree on, it’s not wanting to pay taxes. After all, who wants to give up their hard-earned money to the government? The retirement savings gap is a multifaceted issue for many working people....

 

Tuesday, April 28, 2020

A pandemic poses a number of challenges that not only harms our health and our communities, but also our economies. As we’ve witnessed, the rapid-moving pathogen COVID-19 has brought daily lives of tens of millions of people to a...

 

Saturday, April 18, 2020

Since there have been so many developments in the capital markets over the past several weeks, we want to recap the most important developments that have been driving the performance of investment portfolios.Let’s start with the...

 

Friday, April 17, 2020

Join us each week after the closing bell to learn strategies that can help you become financially more independent from Wall Street and taxation. This week we will be talking about the possible recession and how to properly use your...

 

Wednesday, April 15, 2020

The arrival of the COVID-19 pandemic has shook the financial stability of millions of Americans. In addition to mortgage relief, many financial institutions of all sizes, including Ally Financial, Bank of America, Citi, and Fifth Third...

 

Friday, April 10, 2020

That’s the subject of today’s Advanced Financials weekly update. This has been a tough week for the American people. One in ten of us are now out of work. Every 10 seconds around hundreds of us lose our jobs. Anxieties are...

 

Wednesday, April 8, 2020

As the number of COVID-19 cases in the U.S. continue to rise, Americans are seeing their hours cut, jobs disappearing, and expenses adding up. While the situation remains grim and many are waiting to return to work, homeowners are...

 

Tuesday, April 7, 2020

In light of the coronavirus (COVID-19), we understand the concern and uncertainty you may be experiencing. As your entrusted financial professionals, we value not only the financial health of our clients and their families, but also...

 

Saturday, April 4, 2020

The Coronavirus Aid, Relief, and Economic Security (CARES) Act recently signed into law provides a one-time payment, among other items, to individuals to help ease the economic strain caused by the coronavirus epidemic. Here are the...

 

Monday, March 16, 2020

We take the health and safety of our community very seriously and want to make you aware of the additional options available for continued education and service in regards to your financial planning. Trusted financial information and...

 

Friday, March 13, 2020

The coronavirus seems to be all that people are talking about today. The World Health Organization has officially declared this a "pandemic" and it has created a lot of uncertainty. The markets absolutely HATE uncertainty. And then...

 

Friday, February 7, 2020

Announcer:Welcome to the prosperity gap where we discuss the financial gap that exists between where we are and where we should be. It’s time to bridge that gap. Dave:Hey, prosperity nation. Welcome to the show. My name’s...

 

Wednesday, February 5, 2020

The retirement landscape is constantly in flux as Americans adapt to the ever-changing financial environment. On December 20, 2019, President Donald Trump signed the Setting Every Community Up for Retirement Enhancement (SECURE) Act as...

 

Wednesday, January 15, 2020

For a grim depiction, check out this article The Mathematical Certainty of U.S. Government Default by Ptolemy3 about the future of the US government’s debt situation.The US government reached the tipping point at least fifteen...

 

Wednesday, January 1, 2020

The New Year marks the opportunity for a new beginning. It’s a time to reflect, refresh, and recommit. A great way to start may be with solid financial resolutions that can help you reach your goals. You can start by making a list, but...

 

Tuesday, December 3, 2019

Rule #1: Everyone’s situation is different, and there is no cookie cutter approach. You can’t pick up the Power of Zero book and have the exact recipe for success. It will need to be tailored to your personal situation....

 

Monday, December 2, 2019

Tis the season to deck the halls, light the menorah and provide peace on earth with a well-constructed financial and estate plan. It’s the most wonderful time of the year to have critical financial discussions with loved ones as...

 

Wednesday, November 6, 2019

There are three words that don’t get mentioned very much, but they should scare the dickens out of you. Those words are Public Pension Liabilities. It’s a problem that is largely flying below the radar, but if you live in a...

 

Wednesday, November 6, 2019

There are always questions that come up as to the correct way to handle the required minimum distribution (RMD) for the year of death of the IRA owner. Here are three things you need to know about the year of death RMD. 1. The RMD for...

 

Friday, November 1, 2019

Today, Americans 65 and older are more likely to be working than in 1985. More than 20% are working part- or full-time, and the numbers are projected to continue climbing, according to a recent study.1 Reasons for working longer? There...

 

Friday, November 1, 2019

Every day, thousands of baby boomers are reaching their retirement age. A report revealed the U.S. population age 65 or older has increased by at least 50 million people in the last ten years.1 With the growth of the retirement...

 

Thursday, October 24, 2019

Episode 51: Meet the Politician Who Sounds Exactly Like a Power of Zero Advisor with David McKnight There are two people today that are making waves in the national conversation for what they are saying about the national debt. This...

 

Tuesday, October 22, 2019

Question: I am still working at age 71 and don't really need the required minimum distributions (RMDs) from my rollover IRA. The IRA was funded largely with distributions from a tax-qualified pension plan and a tax-qualified 401(k)...

 

Thursday, September 19, 2019

Here’s what will happen next year at tax time. Your client’s accountant will tell your client about all the tax planning that could have been done last year. But by then, it will already be too late. That’s because,...

 

Thursday, September 19, 2019

Chances are, if you’ve ever listened to Clark Howard, Suze Orman or Dave Ramsey, they’ve told you in no uncertain terms to stay away from the LIRP. Why? To a person, they all claim that LIRP’s have high fees. The LIRP...

 

Thursday, September 12, 2019

A backdoor ROTH can fund a ROTH IRA beyond the contribution limits Quick Summary You can’t contribute directly to a Roth IRA if your income is beyond certain limits, but there are no limits for conversions.A backdoor Roth IRA is...

 

Thursday, September 12, 2019

The IRS has a test called the seven pay premium test. It basically states that it’s possible to put too much money into a life insurance policy. If you fail that test than any loans that you take from your life insurance policy...

 

Thursday, September 12, 2019

The IRS has a test called the seven pay premium test. It basically states that it’s possible to put too much money into a life insurance policy. If you fail that test than any loans that you take from your life insurance policy...

 

Monday, September 9, 2019

Technology today allows for access to more information and choices than ever before across all industries – and financial advisory is no different. But, before you think about trying the next up-and-coming “robot advisor”, consider...

 

Tuesday, September 3, 2019

The WSJ reported today that “Federal deficits are projected to grow much more than expected over the next decade after a budget agreement struck last month.” The CBO Director said, “To put it on a sustainable course,...

 

Tuesday, August 13, 2019

The Setting Every Community Up For Retirement Enhancement (SECURE) Act recently passed the House of Representatives by a large margin. It is currently stalled in the Senate. This bill includes a multitude of provisions that would...

 

Friday, August 9, 2019

A month out from the end of tax season, and the effects of tax reform on financial advisers and their clients are increasingly coming into focus. Investment News sat down with Ed Slott, a tax expert and founder of Ed Slott and Co., to...

 

Thursday, August 8, 2019

There are two pieces of legislation that are working their way through the House and the Senate. The goal of which is to incentivize and encourage people to save more often and save earlier, but there’s more to them than that....

 

Friday, June 28, 2019

We constantly see questions regarding the distribution rules for Roth IRAs. Personally, I’ve always thought that the failure to understand these rules prevents many from truly appreciating the benefits of these accounts....

 

Wednesday, June 26, 2019

Among the many challenges of retirement planning is whether you should pay off your mortgage before you retire. Though it’s collective knowledge to be debt-free as much as possible, it may not make sense or be possible for everyone. On...

 

Tuesday, June 11, 2019

You have done the right thing for years. You have diligently saved and accumulated funds in your IRA. At some point, the funds that you have put away for years must come out. Uncle Sam wants his share. When you reach age 70 ½,...

 

Wednesday, June 5, 2019

As retirees look ahead to a retirement with uncertainties, they need to have an adequate, dependable, and long-lasting stream of income. With an unpredictable stock market, grim outlook on Social Security and pensions, and a continuous...

 

Monday, June 3, 2019

When do multiple beneficiaries exist? Multiple beneficiaries exist when an individual names more than one beneficiary for their IRA. When should you name more than one beneficiary? When you want your IRA assets to go to more than one...

 

Wednesday, May 29, 2019

When it comes to investment types, annuities are often misunderstood. Annuities can play an important role in your retirement plan because it’s not just about saving, it’s also about generating a steady stream of income so you can...

 

Monday, May 13, 2019

What is an RMD (required minimum distribution)? An RMD is the minimum amount that must be withdrawn from a retirement account each year. When are you subject to RMDs? Traditional IRA owners are subject to RMDs beginning in the year in...

 

Wednesday, May 8, 2019

It’s never too early nor too late to start thinking about retirement and planning for one. It takes careful planning for your money to last a lifetime. Here are simple action steps you can take today to start preparing for your golden...

 

Wednesday, May 1, 2019

What are the ordering rules? Roth IRA distributions can consist of contributions, converted funds and earnings – or any combination of the three. To determine what your distribution is, you must use “ordering rules”...

 

Friday, April 26, 2019

What is a Roth IRA conversion? A Roth IRA conversion is the process of moving IRA or employer plan assets to a Roth IRA. When will you need the money? If you have an immediate need for the funds or need them to continue your current...

 

Thursday, April 11, 2019

What is a 60-day rollover? A 60-day rollover is the distribution of funds from a qualifying retirement account payable to the account owner who then has 60 days to redeposit the funds into another qualifying retirement account. Do...

 

Wednesday, March 27, 2019

Seniors can benefit from many discounts and offers; however, taxes aren’t one of them. Retirees will be shocked to find that much of their income is, in fact, subject to taxes. Here are a few that you can expect to face in...

 

Wednesday, March 20, 2019

When it comes to annuities, misinformation surrounds them. To help you make a sound decision on whether or not an annuity is right for you, here’s the truth behind some of the most common misconceptions:They’re only for retirees. While...

 

Wednesday, March 13, 2019

When it comes to retirement, both men and women face many risks. However, women are faced with greater financial obstacles:Living longer. It’s a known fact that women enjoy a longer lifespan than their male counterparts. As a matter of...

 

Wednesday, March 6, 2019

For many of us, we look forward to this time of year where we can expect some extra money in our pockets. The sooner we file, the sooner we can receive our tax refund. And you can do so by filing electronically, requesting your refund...

 

Wednesday, February 27, 2019

Many of us look forward to our golden days, the days where we can simply kick back, relax, and do a lot more things we didn’t have time for during our days of labor. How comfortable and secure your retirement will be depends on how...

 

Wednesday, November 14, 2018

We get it—life insurance isn’t the most exhilarating topic. No one wants to talk about their own death. And because of that, a lot of people don’t consider it a priority in their finances. Yet, nothing could be further from the truth....

 

Wednesday, October 24, 2018

A lot of people purchase life insurance and never look back. If that’s you, you may think that once you place a life insurance policy, you’re set until, well, you know.But that’s not really the case, given life’s dynamism. Here are...

 

Wednesday, October 17, 2018

With life expectancy continuing to rise as care costs grow with it, finding sustainable funding for long-term care (LTC) needs can be a challenge. Here are three ways to fund your LTC.Annuities – Annuity-LTC hybrid products deliver a...

 

Wednesday, October 10, 2018

Do annuities and retirement go hand-in-hand? Not always. But, annuities do serve as a great way to secure income in retirement, especially under certain conditions. Here are four situations where annuities make most sense in retirement...

 

Wednesday, September 26, 2018

Life insurance is most valuable to you in times of need, which is why it's important to know in advance when and how to file a claim. Insurance companies are required to pay insurance claims promptly, but there are steps you or your...

 

Wednesday, August 29, 2018

There are some things in life that are just worth knowing. Retirement terms is one of those things. Regardless if you’re far off from retirement or in the middle of it, it pays to understand some common retirement lingo, so you’re not...

 

Wednesday, August 8, 2018

If you’re retired or nearing retirement, you know how long you’ve been saving for your best years. Are you ready to manage your distributions well and budget correctly? If not, you may run out of money. Consider this tips when you’re...

 

Tuesday, July 10, 2018

The purpose of creating a retirement income planning road map is... 1. To estimate how much cash flow you will have in retirement with your current portfolio and at today’s tax rates. 2. To estimate how much cash flow you will...

 

Tuesday, July 3, 2018

Did you know that 65% of Americans end up saving little or nothing at all? And only 39% can cover a $1,000 emergency. This begs the question, are you saving enough money? Here’s four signs that you need to be saving more.You don’t have...

 

Wednesday, June 13, 2018

Converting your individual retirement account (IRA) into an annuity can be an excellent way of supplying yourself with a steady income stream for the rest of your life. That doesn’t mean it’s for everyone, though. Here’s two pros and...

 

Wednesday, June 6, 2018

Social Security is meant to lead people into a comfortable, stress-free retirement. But, that doesn’t mean you don’t encounter some unchartered territory along the way. These tips should help you navigate Social Security with greater...

 

Monday, May 7, 2018

It’s no secret that life insurance gives a much-needed financial safety net for your dependents if you aren’t around to be there. Mortgages, funeral costs, debt – the list of costs is plentiful. But when you’re deciding on a new policy...

 

Wednesday, April 25, 2018

Most of our lives are spent saving for retirement, but when the time comes, how do you turn that nest egg you’ve created into a steady income? We’ve broken down three ways. 1. Annuitization. Income annuities take a lump sum of cash...

 

Wednesday, April 18, 2018

Americans routinely report being anxious about their money and retirement plans. Today, over 50% of American adults report being either “very” or “moderately” worried about retiring with too little money. How can you achieve a...

 

Wednesday, April 11, 2018

As you get older, the pressure to plan for long-term care costs rise with your age. To get a good deal on long-term care (LTC) insurance easier, here’s a few secrets for you. 1. Assess your risk. When you’re searching for the right LTC...

 

Wednesday, April 4, 2018

Even though required minimum distributions (RMDs) are due by the end of the year, there’s some practicality in taking advantage of your RMDs earlier rather than later. Here’s three reasons why taking RMDs out early can be advantageous:...

 

Wednesday, March 28, 2018

The “bucket” savings strategy has been gaining traction in recent years, but is it right for you? The idea is simple: have three “buckets” of money where you save – one for now, one for soon, and one for later. Assets are then...

 

Wednesday, March 21, 2018

With all its intricacies and technicalities, life insurance can be tough to figure out. Knowing these three myths can make your pathway to coverage easier to understand. Myth #1: I should always buy term insurance and invest the...

 

Tuesday, March 13, 2018

Annuities have been a hot commodity in recent years but can sometimes get a bad reputation. While annuities aren’t for everyone, there are situations where annuities may be the best option available, especially as you near retirement....

 

Wednesday, March 7, 2018

It’s that time of year—Uncle Sam is asking for money again. If you’ve kept up with the news, you probably know the tax laws have changed a bit. Here’s five important changes you should know before Tax Day. 1. Standard deductions...

 

Wednesday, February 28, 2018

Not the most exciting topic, long-term care (LTC) is often avoided or overlooked by people when planning their retirement years. However, it can be one of the most important things to have later in life. Having an LTC policy in place...

 

Wednesday, February 21, 2018

It’s not for everyone. But, if it’s possible for you, there’s a few great reasons to start collecting Social Security once you hit the age of 62. Check out the reasons below and see if it seems right for you. Reason #1: You may have to...

 

Wednesday, February 14, 2018

Whether you're aware of them or not, there are some substantial benefits to having a 401(k) plan. Here are four benefits that make these plans worth having. 1. Payroll deduction. At the surface it may not seem ideal, but in reality,...

 

Wednesday, February 7, 2018

A lot of people ask, “When should I start my estate planning?” The shorter answer is: it’s never too early. There’s lots of ways to go about planning, but generally there are three main steps to be followed when you start: Start by...

 

Wednesday, January 31, 2018

The new year has begun, and with it, some tweaks and changes have been made to Social Security that its beneficiaries may notice. Here’s a look at what you can expect if you’re a beneficiary in 2018: A higher tax cap. Workers will now...

 

Wednesday, January 24, 2018

Annuities: insurance contracts that offer guaranteed income, usually for life. Some even have capital appreciation. But, you probably already knew that. Do you know the five primary types of annuities, though? Each is unique, and all...

 

Thursday, January 18, 2018

A new year brings with it lots of excitement, but also a lot of uncertainty. As a family, are you taking to necessary steps to set achievable, realistic financial goals for 2018 that will help remove any uncertainty from your personal...

 

Wednesday, December 20, 2017

Giving to charities is a great way to help out your community and give back during the holiday season. Charitable gifting can take many forms, from cash donations to even donated appreciated assets. And individual donations make up...

 

Wednesday, December 13, 2017

Financial information can often include confusing industry jargon and lingo. But understanding your financial details can help you use better judgment to make decisions. We are continuing our guide to help you get a hold of common...

 

Wednesday, December 6, 2017

No matter your stage in life, saving money is essential to ensure you can afford your lifestyle. Yet, Americans have a money-savings problem: 69% of people do not have $1,000 in savings.[1] Without this financial buffer, we end up...

 

Wednesday, November 29, 2017

Losing a loved one and life partner is a devastating experience that no one can fully predict. Despite the emotional heaviness one must navigate, another pressing topic requires attention: finances. Knowing how to move forward in your...

 

Wednesday, November 22, 2017

Financial literacy in America is staggeringly low. The U.S. ranks 14th on a global scale of financial literacy, and 1 in 5 teenagers do not have basic financial skills.[1] Helping our younger loved ones to understand the...

 

Wednesday, November 15, 2017

Saving enough money to last through retirement is an ongoing responsibility and one that Americans should take seriously. And the money you may need could be is more than simply replacing the income you had during your career. You...

 

Wednesday, November 8, 2017

Owning a business in the U.S. is an integral factor of our economy. In fact, the U.S. has 28.8 million small businesses, comprising 99.7% of all business in America.1 And while risks abound in entrepreneurship, owners can take...

 

Wednesday, November 1, 2017

When purchasing a life insurance policy, you can opt to add on different benefits to a standard policy and expand your coverage. These riders help you customize your protection for supporting your family’s unique needs. Different life...

 

Wednesday, October 25, 2017

When purchasing a life insurance policy, you can opt to add on different benefits to a standard policy and expand your coverage. These riders help you customize your protection for supporting your family’s unique needs. Different life...

 

Wednesday, October 18, 2017

Financially preparing for retirement is essential in order to maintain your quality of life as you age. As long-term-care costs continue to rise, having adequate money to cover any medical situations is an escalating concern. And the...

 

Wednesday, October 11, 2017

So, you have sent the kids off on their own and now find yourself an empty nester. This new life stage brings quieter vibes in the house and less multitasking to manage. But beyond the physical changes, you also have new financial...

 

Wednesday, October 4, 2017

Finding any helpful reason to pull down your tax liabilities is a welcomed benefit, no matter one’s age. But, once you move into your golden years, exploring new tax benefits is worth the time and effort—you may have specific tax...

 

Wednesday, September 27, 2017

Once retired, many once-active people fall prey to the lure of the couch. With newfound time on their hands and a new life stage before them, finding ways to occupy themselves can be challenging. Yet, making a point to stay active and...

 

Wednesday, September 20, 2017

September is Life Insurance Awareness Month, which aims to increase awareness about the importance and helpfulness of having life insurance coverage. Over the years, life insurance has become an essential way to protect one’s...

 

Wednesday, September 6, 2017

No matter what life stage you’re in, knowing your financial health is important. Just as a regular checkup with the doctor will give you insights on your medical well-being—and any course corrections you should take—so, too, will...

 

Wednesday, August 30, 2017

Ensuring you have the money you need to support you throughout retirement is an ongoing responsibility that shouldn’t be overlooked, no matter what retirement stage you’re in. When building and maintaining your plan, healthcare is a...

 

Wednesday, August 23, 2017

Serving as a caregiver for your parents and children is a hefty responsibility that can impact many areas of your life. As a “sandwich generation” member, you are supporting aging parents—who may be ill, unable to be financial...

 

Wednesday, August 16, 2017

Aging can be a difficult topic for families to address when planning for seniors’ financial and care needs. Discussing emotional details such as wills and caregiving needs can feel heavy and complicated, making the conversations easy...

 

Wednesday, August 9, 2017

Having enough money to last through retirement is essential, and retirees have a variety of financial strategies to help them build the lifelong income they need. One such financial option is purchasing annuities. Yet, many myths...

 

Wednesday, August 2, 2017

Most of your adult life, you’ve probably focused on building a retirement savings that will cover your living costs. But once you officially retire, your financial planning shouldn’t stop. Managing your expenses to support your...

 

Wednesday, July 26, 2017

Our lives inevitably change requiring us to evolve with the momentum. And for those holding life insurance policies, keeping your policy up-to-date and relevant to your life is essential. A variety of events can come our way at any...

 

Wednesday, July 19, 2017

For many people planning for retirement, investing into annuities is a helpful strategy to build guaranteed income. Once you take retirement distributions, you receive a set amount based on details like the annuity you purchased and...

 

Wednesday, July 12, 2017

No matter what stage of life someone’s in when he or she marries, a union brings reason to celebrate. And, for individuals who are 55 and older, remarrying is even on the rise.[1] When marrying later in life, people’s finances are...

 

Wednesday, July 5, 2017

Everyday, more and more baby boomers retire, bringing with them a shifting retirement landscape. This large demographic began turning 65 years old in 2011, and by 2029, all boomers will be at least 65, forming 20% of the U.S....

 

Wednesday, June 28, 2017

A seasoned military career brings a unique professional experience for millions of people each year. We have roughly 1.3 million active-duty military service members.1 And at least 1.47 million non-disability military retirees receive...

 

Wednesday, June 21, 2017

As retirees embrace their new life stage, many of them consider relocating to other locales. In fact, almost two-thirds of retirees plan to move or do move in retirement.1 While retirees move for a variety of reasons, relocating in...

 

Wednesday, June 14, 2017

Many retirees invest in annuities as a helpful strategy for building retirement income. Since fixed-rate annuities can provide guaranteed payments at set amounts, retirees can more easily predict and manage their budget. And having...

 

Wednesday, June 7, 2017

Divorcing later in life is becoming more normal for people who are 50 years or older. In fact, since the 1990s, this “silver divorce” rate has more than doubled. In 2015, for every 1,000 married people 50 and over, 10 divorced — an...

 

Wednesday, May 31, 2017

Summertime is nearly here, along with running ACs, cooling off at the pool, and other quintessential summer actions returning across the country. Beyond the temperature increase, summer can also bring increased spending. Here are some...

 

Wednesday, May 24, 2017

Have a new college graduate? Give your loved one the gift of financial readiness. The time of year is here when budding college graduates go out into the world to make their career dreams and goals a reality. Yet despite their new...

 

Wednesday, May 17, 2017

Navigating complex terms when managing your finances is an ongoing responsibility. Yet, with all the information to process, understanding the plethora of jargon and industry-specific terms can be cumbersome. We’re continuing our...

 

Wednesday, May 10, 2017

When retirees have policies such as annuities, they receive distributions from these investments that can provide them with income. As such, when you hold annuities, you can typically elect different ways to receive this money, and...

 

Wednesday, May 3, 2017

When you are planning for retirement, creating a strategy to receive ongoing income is an important way to help ensure you can maintain the quality of life you desire. Annuities can be a helpful tool for many investors, due to the...

 

Thursday, April 27, 2017

With the spring season budding, now is a great time to ensure your financial accounts are up to date and secure. Just like the dust that can collect in your house, so too can your financial accounts grow stale. No one wants to add...

 

Wednesday, April 19, 2017

Know The Difference Between Qualified and Nonqualified Annuities For many investors looking to secure their cash flow in retirement, annuities are a common way to receive the guaranteed income they need in the future.1 Different...

 

Wednesday, April 12, 2017

Paying for healthcare in retirement is no small task. With costs escalating and coverage growing more complex, you can take steps today to help ensure you’re not struggling tomorrow. As your explore your own retirement planning and...

 

Wednesday, April 5, 2017

Maintain Your Standard of Living in Retirement Saving for retirement, and working to maintain your standard of living, is an ongoing responsibility so you don’t see your quality of life drop in your later years. Unfortunately, for...

 

Monday, March 27, 2017

Last week, all four of the indexes we discuss in these market updates saw their performance stumble. The S&P 500 lost 1.44%, the Dow was down 1.52%, the NASDAQ gave back 1.22%, and the MSCI EAFE declined 0.07%. 1 On Tuesday, March 21,...

 

Wednesday, March 15, 2017

Being a small business owner is a unique life experience that can provide many personal and professional rewards, such as being in control of your career. But, this also brings specific financial challenges when creating a path to...

 

Wednesday, March 8, 2017

Before you retired, you spent time creating strategies that could help you reach your goals in retirement. You might have invested for the income you need, minimized your debt, or protected yourself with long-term-care insurance,...

 

Wednesday, March 1, 2017

Life insurance policies and annuities can be a helpful tool for providing extra protection and income for yourself and your family. But, you can also receive deeper benefits thanks to certain tax advantages that each investment offers...

 

Wednesday, February 22, 2017

Financial fraud is, unfortunately, a common practice in America that costs individuals and businesses billions of dollars each year. And research shows that people underreport financial fraud, which can also be difficult to...

 

Wednesday, February 15, 2017

Losing a spouse is never easy — and a difficult topic for many to think about. But when you become a widow or widower, moving beyond the grief to address important financial items in your life is essential. Whether you recently lost...

 

Wednesday, February 8, 2017

Financial lives are inherently complex and require thoughtful perspectives and strategies for yourself and your loved ones. And you have even more financial nuances to organize if your family has two or more adult generations living in...

 

Wednesday, February 1, 2017

Enjoying a comfortable retirement depends on how well you prepared ahead of time to support your desired lifestyle — and how well you keep a pulse on your financial wellbeing after your retire. You may need to periodically check in and...

 

Wednesday, January 25, 2017

Life insurance and annuities can bring protection and retirement income that is essential for many people’s financial needs and goals. And when you purchase these items, you gain the opportunity to name beneficiaries who will receive...

 

Wednesday, January 18, 2017

When preparing for retirement, imagining the new lifestyle you’ll embark on can be exciting. From travel to family time to relaxation, a fulfilling retirement looks different to each individual. But preparing for the quality of life...

 

Wednesday, January 11, 2017

For most of your adult life, you’ve had the protection of life insurance to help safeguard you and your family. But as your life evolves, your family's needs and financial goals will inevitably change, too. With every transition and...

 

Wednesday, January 4, 2017

The financial world is filled with confusing industry jargon and lingo. So, to help you get a hold of common terms you should know, we’ve put together a quick guide for your reference. From life insurance to annuities, use this...