Social Security – What’s Going Wrong?
The Social Security program has an independent budget that is separate from the rest of the federal government. So why is it necessary to reform Social Security in order to fix our National Debt? To...
View ArticleSocial Security a High Yield?
Financially speaking we find ourselves in a time that is unparalleled in the financial history of the United States. All of the old retirement income models based on a percentage withdrawal no...
View ArticleAsset Shrinkage Endangers Retirement
Last week the 10 year U.S. Treasury Bond dropped to a record low 1.4%. This was arguably the biggest financial story of the week. In a nutshell this means investment yields will be dropping in the...
View ArticleMedical Annuities Pay More
You are wondering what to do after your doctor explains you have a serious medical condition. Not only is the thought of living out your remaining time, perhaps a bit impaired disturbing, you and...
View ArticleShould a Retiree Sell or Stay in Their Home
This depends on many factors both financial and personal lifestyle. If the choice is to sell and move there are financial considerations. As it is with so many decisions today the tax implications...
View ArticleQuick Facts About Social Security Survivor Benefits
The Social Security survivor benefit your family receives is based on your earnings history at the time of your death and is limited to a maximum family benefit. Your surviving spouse can receive...
View ArticleThe Reverse Mortgage Decision
In considering whether or not to get a reverse mortgage, you are the only one who can decide whether a reverse mortgage is right for you. In making this important decision, answers to the questions...
View ArticleLong Term Care- Did you know?
Did you know.. About one-third of individuals turning 65 in 2010 will need at least three months of nursing home care, 24% more than a year, and 9% more than five years. (Source: What Is the...
View ArticlePaying for Health Care in Retirement
It would be nice to believe that health care cost increases were a temporary phenomenon. Unfortunately, that’s not the case…the cost of medical care has outpaced inflation for the past 20 years and...
View ArticleConfirmed; Annuity Owners More Confident To Retire
The following IRI survey comes as no surprise to retirement income planners who witnessed their annuity client’s relief and security while they heard stories of large losses from their friends and...
View ArticleFreedom Horse and Retirement
The horse (Mariska) in this video has been dubbed “Houdini Horse”. What’s not like about a horse or anyone else’s desire for freedom? The lust for freedom is a natural yearning programmed right into...
View ArticleSnow in Arizona?!
Last night large sections of Arizona received significant snowfall. What the heck? My Arizona clients were expressing at the start of our conversations this morning; some used a slightly stronger...
View ArticleThe Pension Crunch
You’ve probably heard about the problem our country faces with “Social Security, corporate pensions, state pensions, county pensions, municipal pensions…virtually all defined benefit pensions.” The...
View ArticleSocial Security’s Restricted Benefit
Why would anyone want to restrict their Social Security payments? Well, it’s not the payments being restricted it is the type of application that is filed. The restricted application is filed when,...
View ArticleFoundation of Retirement – Social Security
Social Security payments are important to most American’s retirement plans. After all, a worker has contributed a significant portion of their income to Social Security via payroll taxes; starting...
View ArticleAn Income Annuity Solution
How Can an Income Annuity Protect Against the Risk of Living Too Long? The purpose of an annuity is to protect against the financial risk of living too long…the risk of outliving retirement income…by...
View ArticleDifficult Pension Benefit Decision
At retirement, if you have a pension, you have to make a difficult decision that could negatively impact your future financial security and that of your spouse. Most people with company pension plans...
View ArticleHealth Coverage in Between Open Enrollment Period
Seems there are daily changes taking place in ObamaCare/ACA so it is no wonder there is so much confusion surrounding the purchase of health insurance. Even the WI Office of the Commissioner of...
View ArticleOdds of Surviving Critical Illness Dramatically Increase
With advances in medical treatment and technology, many people now survive critical illnesses that would have been fatal in the past. As a result of this increased life expectancy senior Americans...
View ArticleIRS Pulls Rug From IRA Rollovers
In a recent United States Tax Court case, Bobrow v Commissioner, the Tax Court ruled that all IRAs of a taxpayer should be looked at in aggregate when it comes to the one-rollover-per-year rule. Prior...
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