Financial Planning

Retirees Should Invest In A Good Cyber Security System

Retirees should invest in a good cyber security system in order to protect their money during retirement

Part 1 in our series: “5 Ways Retirees Should Protect Their Money During Retirement.” There are many reasons why retirees should invest in a good cyber security system. To a cyber criminal, a retiree is a high value target because of the assumption that they have saved a lot of money for retirement, including funds for …

Retirees should invest in a good cyber security system in order to protect their money during retirement Read More »

CONVERT REQUIRED MINIMUM DISTRIBUTIONS INTO TAX FREE INCOME

Convert required minimum distributions into tax free income

It is currently happening to some and eventually, this will likely happen to all of us. I am referring to Required Minimum Distributions (RMD). The RMD is your required minimum distribution amount which the Internal Revenue Services requires you to withdraw each year from your IRA, SEP-IRA, Simple IRA or retirement plan account when you reach age …

Convert required minimum distributions into tax free income Read More »

Planting A Vegetable Garden Can Help Retirees Save Money

Planting a vegetable garden can help retirees save money

Among the “5 Ways Retirees Should Protect Their Money During Retirement”, there are two reasons why planting a garden ranks high on my list of recommendations for retirees. First, are the many health benefits of gardening. Second, you will save money by growing your own food. Need I say more? Let’s review the economic costs …

Planting a vegetable garden can help retirees save money Read More »

Retirees Can Protect Their Retirement Money With Better Asset Allocation

Protect retirement money with better asset allocation

Part 2 in our series: 5 Ways Retirees Should Protect Their Money During Retirement After 23+ years as a Financial Advisor, I can attest to the truth that retirees can protect retirement money with better asset allocation. Asset allocation is a discipline. It is the process of assembling a portfolio that is diversified in the …

Protect retirement money with better asset allocation Read More »

Buying Long Term Care Insurance Could Protect Your Retirement Savings

Can long term care insurance protect your retirement savings?

When I think about Part 3 in our series: 5 Ways Retirees Can Protect Their Money During Retirement, Long Term Care insurance (LTCi) is often overlooked by retirees which can pose a serious threat to a retired persons financial well being. Can Long Term Care insurance could protect your retirement savings? Truth is, Long Term Care Insurance …

Can long term care insurance protect your retirement savings? Read More »

Money During Retirement

5 Ways retirees should protect their money during retirement

In this series, about the 5 Ways Retirees Should Protect Their Money During Retirement, I have decided to focus on one topic per post because each of the five points that comprise this series requires considerable detail, including some research and analysis to make this 5-part post as meaningful to you, my readers as possible. …

5 Ways retirees should protect their money during retirement Read More »

High Return Investment Risk

High return investment risk

Let’s have a quick chat about steps that you should take to manage high return investment risk. Whether you are managing retirement investments, trying to figure out your retirement income planning needs based on investments within your portfolio, it is important to always keep in mind that with investing, risk and reward are opposites sides …

High return investment risk Read More »

Overcome Writer's Block

Overcome writer’s block with financial advice

Writers can definitely learn to overcome Writer’s block with financial advice. I believe that the world benefits from the peaceful hearts and minds of creative individuals. Why? Because these passionate people are valuable to the peace of mind of everyone who appreciates artistic entertainment. Imagine living in a censored world with no new expression of …

Overcome writer’s block with financial advice Read More »