How To Strategize for Your Social Security Benefits?

As life expectancy has grown, your retirement now can last between 20 and 30 years. So Social Security planning is critical, no matter how much money you have. It can make a difference of hundreds of thousands of dollars. For example, if you retire at age 62 and pass away at age 86, you’ll receive at least 25% less for 24 years. But, if you wait to retire at age 70, you’ll receive 32% more for 16 years.


When Does a Roth Conversion Make Sense?

With a traditional IRA, you save by getting a tax deduction when you invest your money. But later, when you take the money out in retirement, all those distributions are taxed. The Roth IRA is the opposite. It has no deduction when you put the money in, but later, all distributions are tax-free when you take the money out during retirement.


5 Steps Toward a Debt free College Education

Too many young people can’t afford college, and many more leave college under a mountain of debt. Here are 5 ways to plan for a debt-free education. First, invest early in college savings plans or state prepaid tuition plans - parents and grandparents can participate.


5 Common Mistakes to Avoid in Retirement

You’ve been saving for your retirement for decades. Don’t undermine your own plans by making these 5 common mistakes when you retire. First, don’t retire too soon. Lifespans are increasing and many retirees underestimate their life expectancy when calculating the money needed to live on.


What Can You Do with an Inherited IRA?

If you’ve become the beneficiary of an IRA or other retirement account, it’s important to know your options. You can take the money out in one lump sum. This requires opening an account called an Inherited IRA in your name for correct IRS reporting.


What is a Donor Advised Fund

Did you know that there’s a way to reduce your taxes while doing charitable good? One very effective method is to use a Donor Advised Fund, or D-A-F. We start by evaluating your tax return to find the best method and timing to maximize your tax benefits for being generous to charitable organizations.


What are the Purpose and Parts of a Financial Plan

When a plane flies a few degrees off course, it lands at the wrong destination, possibly with tragic results. You might not land safely in retirement either, without a custom plan charting your course. Here are five key parts of a proper financial plan.


5 Social Security Claiming Strategies for Women

Do you know all of the possible benefits available to women through social security? Here are five claiming strategies you might not be aware of: First, did you know that even if you never worked you can claim up to 50 percent of your husband’s social security benefit?


Every Mans Charitable Giving Strategies

You may think that only millionaires and billionaires can be philanthropists, right? Wrong. Smart Charitable Giving strategies can help anyone realize their philanthropic goals while also helping to reduce taxes, increase estate values, provide lifetime incomes, and protect beneficiaries. So, if you have a charitable mindset, you really can have your cake and eat it too.


What is Socially Responsible Investing

You may have heard about Socially Responsible, or Impact Investing, but what is it? Socially responsible investing aims to follow an investment strategy which seeks to consider financial return, alongside social good.


Do I Need a Financial Plan for My Small Business

As a small business owner, you might be wondering, do I need a financial plan? The answer is yes, and here are 5 reasons why: One - A financial plan will help to determine if you are properly insured should you become disabled or die prematurely. Two - It will assist you inlearning the value of your business for potential sale of the business.


Do I Need to Worry About Long Term Care

A question we’re often asked is, do I really need to worry about long-term care? Here are some statistics that may help answer that question. On average 70 percent of people over age 65 will need long-term care. In particular, 65 percent of those needing long-term care will be women.