Medicare coverage can be a critical component for living a healthy life in retirement, as well as for maintaining your financial independence during these years. Yet, as important as it is, Medicare does not cover the full range of health-care expenses you may experience in your golden years.To fill the holes that exist in Medicare, […]
Archive for the
‘News’ Category
With the recent release of “Flash Boys” by Michael Lewis and subsequent media attention, we have have become aware of and increasingly disturbed by events on Wall Street and other trading exchanges. Practices now known as “Predatory Trading” have/are taking place that makes the financial markets (however small the individual infractions are) unfair for the […]
An orchestra is a merely a collection of instruments, each of which brings a unique sound. It is only when a conductor leads them that they create the beautiful music imagined by the composer.The same can be said about your retirement strategy. The typical retirement strategy is a built on the pillars of your 401(k) […]
The bankruptcy filing of the city of Detroit has left some investors questioning their long-held assumption about the relative safety of municipal bonds.¹ Without question, in the wake of Detroit’s troubles, gaining a better understanding of municipal bonds makes more sense than ever.²At their most basic level, there are two types of municipal bonds: General […]
Chris Rock once remarked, “You don’t pay taxes, they take taxes.”¹ And in that spirit, thanks in part to higher capital-gains taxes, there may be more taking in 2014. Capital gains result when an individual sells an investment for an amount greater than his or her purchase price. Capital gains are categorized as short term […]
At first blush, the idea of a bond that doesn’t pay interest seems oxymoronic. After all, isn’t a bond a debt instrument that pays periodic interest and repays the principal at maturity?¹Zero coupon bonds are indeed debt instruments but are issued at a discount to their face value, make no interest payments, and pay its […]
Roughly 3.3 million baby boomers are planning to retire abroad.¹ Their motivations may be many, but popular reasons include greater affordability, adventure and a change in lifestyle. However exciting retiring abroad may sound, it deserves considerable planning. Things to consider Where do you want to retire? There are many starting points for this search, but […]
The uncertainties we face in retirement can erode our sense of confidence, potentially undermining our outlook during those years. Indeed, according to the 2013 Retirement Confidence Survey by the Employee Benefits Research Institute, only 18% of retirees say they are “very confident” about having enough assets to live comfortably in retirement. Almost 40% were either […]
According to a 2012 survey by the Insured Retirement Institute, the average person covered by Medicare will have out-of-pocket medical expenses in excess of $4,300 a year (or $8,600 for a couple). The same report found that 63% of baby boomers lack the confidence that they will have enough money to fund their medical expenses […]
Inflation sometimes seems like one of those afflictions of an era long since passed into the history books. While it’s true that double-digit inflation has been absent for the last 30 years, you may remember the high inflation years of the 1970s.¹Will the levels of U.S. public debt and loose monetary policy revive the inflation […]