1. 2014 Tax Changes You Should Know

    One of the things that makes doing your taxes so frustrating is the fact that every year, without fail, there seems to be a mountain of changes to the tax code. Some of these changes may help, such as when new deductions are introduced, others can work against you, and still others are just plain confusing. A qualified tax preparer is your best defense against unexpected and difficult to understan…Read More

  2. What Pre-Retirees Need to Know about Taxes

    When was the last time you met someone who actually looked forward to tax season? If the answer is, “Never,” don’t worry—you’re not alone. Tax time is both stressful and confusing for everyone. To make it a little bit easier this year, here are a few things you should know. • Your Traditional IRA contributions may not be entirely tax deductible. If you and/or your spouse are covered by…Read More

  3. The Gift of Love, the Gift of Life Insurance

    Valentine’s Day is right around the corner and that means shopping for gifts that show your love to all the important people in your life. This year, instead of buying your spouse, significant other or kids some chocolates and a card, consider securing a life insurance policy that will help them maintain their current lifestyle after you’re gone. Why You Should Buy Life Insurance for Valentine…Read More

  4. Six Ways to Stretch Your Retirement Savings

    No one wants to think about how they’d handle a personal finance crisis after retirement, yet that was a reality for the 20 percent of seniors who outspent their retirement income in 2009, sometimes by as much as 175 percent. You don’t have to be a statistic. There are things you can do to stretch your savings while still maintaining a comfortable lifestyle. 1. Move to a cheaper city, town or …Read More

  5. Maximizing Your Social Security Benefits

    Social Security might not feel like a benefit when the tax is coming out of your paycheck, but the income it provides can make a real difference once you’re finally retired. This predictable, unending income stream often helps retirees make their savings last while providing priceless peace of mind. That doesn’t mean, however, that you should take your Social Security income for granted. There…Read More

  6. Using Annuity Riders to Secure Your Retirement Savings

    Most people know that annuities can be great tools for stretching retirement savings and generating returns, but a lot of people don’t realize that there are major supplementary benefits hidden in the form of annuity riders. Annuity riders are added features that can be built into your annuity contract to provide benefits ranging from income guarantees to cost-of-living increases. Each individua…Read More

  7. Securing Your Retirement Against Living Too Long

    A long life is something we all hope to have and generally look forward to. But for some seniors, good health isn’t so much a blessing as it is a curse, because the longer you live in retirement, the further your savings have to stretch. Gone are the days when a senior could rely on his or her defined benefit pension for support through a long, healthy retirement. Now, a senior who saves $400,00…Read More

  8. Fixed Investment Laddering: A Flexible Retirement Strategy

    Often, people think of their savings as one lump sum to be divided up into a few large chunks, like a pie, with the individual slices deposited into multiple types of products. Through this model, you might put 20 percent of your “pie” into stocks, 50 percent into fixed products, and 30 percent into mutual funds. On its own, this process diversifies a saver’s holdings—but is it enough? Aft…Read More

  9. The 7 Costly Mistakes People Make with Their Money (Mistake # 7 – Part Two)

    As mentioned in Part One of this article, while annuities have been around for over a century, there is nevertheless a ton of misinformation about them. In Part One, we explained Annuity Misconceptions #1 - #5. In Part Two, we will explain Misconceptions #6 – #10. Misconception #6: The different types of annuities are confusing. Don’t let all the different types of annuities confuse you. They …Read More

  10. The 7 Costly Mistakes People Make with Their Money (Mistake # 7 – Part One)

    With pension plans going the way of the cattle prod, a retirement plan that includes a predictable stream of income for the rest of our lives is a no-brainer. And there is only ONE financial tool that can accomplish this: The Annuity! Many people react to this by saying, “I keep hearing how I should ‘max out my 401(k) plan, invest in growth mutual funds, buy term life insurance, and invest the…Read More