Reaching your 60s, 70s, and beyond brings about noticeable changes to your body and mind. Although some changes are a normal part of aging, healthy habits can help reduce their negative impact and support physical health, mental sharpness, and mobility. For example, exercise becomes increasingly important with age, not only for physical fitness, but for
Habits for Healthy Aging in Your 60s, 70s, and Beyond Read More »
Most married couples think about Social Security as two separate decisions: Each spouse chooses when to file based on their own benefit. But in actuality, Social Security should be viewed as a household decision. Spousal and survivor benefits can significantly change the math. For couples, the goal isn’t necessarily to maximize each person’s individual check.
Social Security For Couples Read More »
Retirement is changing in a significant way: People are living longer. Thanks largely to advances in medicine and improved living standards, life expectancy has risen dramatically over the past century. In the United States alone, it has increased by roughly seven years over the last five decades,* with recent estimates around age 79. And thanks
Are You Prepared to Live Long in Retirement? Read More »
For years, $1 million has been viewed as a benchmark for a comfortable retirement. But the truth is, there is no universal savings target. Whether $1 million is enough depends on many factors, such as your lifestyle, retirement age, housing costs, health, and expected expenses. Creating a budget may help you understand how much you
Is $1 Million Enough For Retirement? Read More »
While estate planning typically focuses on the how–including tax strategies often involving trusts and wills–to whom can be just as complicated. We strive to help make it easier by laying out options you may have to convert some of your current assets into other financial products that will not only provide your legacy with the
Deciding Who Gets What Read More »
Bank scams are on the rise. There are five common tricks of fraudsters. Did you get a call, email or message saying there is an issue with your account and you need to move money to resolve it? Are you being pressured to act fast or keep it secret? Did someone ask you to deposit
Medicare provides foundational health coverage for retirees – but it comes with gaps, and there are no caps on out-of-pocket spending. That naturally leads seniors to search for answers to questions that arise. In doing so, please protect yourself from Medicare scams. The most common Medicare scams involve fraudulent health care providers or impostors who
When one spouse passes away, the surviving spouse’s social security benefit may change significantly, and many retirees are unaware that they generally do not continue receiving both monthly checks. In most cases, the surviving spouse receives the higher of the two benefits, while the smaller benefit stops, which will still create an unexpected reduction in
When One Spouse Passes Read More »
Sometimes as we are in the midst of our retirement years, we need to have a serious heart-to-heart with our adult children. That conversation can often begin by explaining that not every decision you make will look the way they would personally choose to handle things, but that does not mean it is uninformed or
A fixed index annuity can provide a dependable stream of income, which becomes especially valuable after a divorce when household finances are often disrupted. It offers protection of principal while still allowing for some growth, helping preserve assets during a period of financial transition. Guaranteed lifetime income options can create a sense of financial independence
Dependable, and Not Just For Retirement Read More »
