Retirement is a process – here are some key dates you should know
Retirement Income Planning
I’ve written about retirement income planning before, and at first glance it should be pretty simple. The idea of figuring out what expenses you’ll have and then lining up your sources of income and funds… Read More
What Investment Diversification Really Means
In my experience, nearly every investor knows that having a diversified portfolio is something they should do. Diversification, investors understand, helps reduce risk. But there is less knowledge around what diversification actually means. I’ve heard… Read More
Thinking About Risk
When it comes to our own personal financial plans, we tend to think of risk as a bad thing. You avoid things that are risky, and the safer a plan is, the better. But risk… Read More
Federal Employees and the Impact on Retirement of No Raise
When President Trump announced several weeks ago that he was freezing pay for Federal employees, it had to feel like Groundhog Day. The top pay increase in the last 7 years came in 2010, and… Read More
Long-Term Care Insurance: How to Determine If It Is Right for You
A question clients often ask as they approach retirement is whether or not they need long-term care insurance. The basic concept is pretty straightforward – if, at some point in the future, you need long-term… Read More
Working Past Retirement Age – Things to Consider
A pretty common stereotype when it comes to retirement is the overworked, underpaid worker who would retire immediately and pursue the Island Life if they only could. And while I have worked with some clients… Read More
Prescription Drugs and Medicare: How to Enroll in Part D
In a previous post, I took a look at Medicare Parts A & B, which cover many types of inpatient care along with what are generally defined as medically necessary services. In this post, I’ll… Read More
Understanding Medicare: Your Medicare Coverage Choices
In the last blog post, I outlined key findings from a recent Vanguard white paper on healthcare spending in retirement. In this post, I’ll break down the various parts of understanding Medicare—traditional Medicare—as you consider… Read More
Spending on Healthcare in Retirement: How to Plan for It in Your Budget
If you are planning to retire, budgeting for healthcare should be part of your plans. In fact, when we build plans, we have begun breaking out healthcare costs as a separate category. Doing so allows… Read More