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Protecting Your Savings: Strategies for Managing Retirement Healthcare Costs

Preparation is Key for Covering Medical Expenses in Your Golden Years As you approach retirement, one of the most significant financial concerns you may face is managing retirement healthcare costs. Healthcare expenses can quickly add up and erode your retirement savings, making it crucial to plan and prepare for these costs. There are various strategies that you can consider to manage your healthcare expenses in retirement and potentially protect your retirement savings.

Beware These Retirement Tax Traps

Considerations to Help You Develop a Tax-Savvy Retirement Plan There are potentially significant changes that could occur in the next 15 years. What’s more, the U.S. Census Bureau says that, by 2030, we will reach the milestone of having more people aged 65 and older than those aged 18 or younger. What does this demographic shift mean for your retirement? Well, you’ll likely need to prepare to overcome a few retirement tax traps. In this article, we break it down.

Wealth Management Strategies for High Net Worth Individuals and Families

Tools and Techniques for Portfolio Optimization, Risk Management, and Asset Protection High Net Worth individuals and families – those having at least $1 million in liquid assets – face unique challenges when it comes to managing their wealth. When creating a comprehensive wealth management plan, it is important to consider factors such as portfolio optimization, risk management, and asset protection. Fortunately, there are several tools and techniques available to help high-net-worth individuals and families manage their wealth effectively, and we’ll review several of them below.

Learn the challenges associated with a Roth IRA conversion within your fixed index annuity and how to overcome them.

Surviving the Roth Conversion Gauntlet: Part Two

A Roth IRA conversion may be a savvy strategy to use within your fixed index annuity but it’s important to understand the associated challenges.

How to Begin Money Discussions with Your Family – Even When it Feels Uncomfortable

Tips for Kicking Off Important Financial Conversations Talking about money can be an uncomfortable topic for many families. However, having open and honest discussions about money is important for financial planning and achieving financial goals. In this article, we will provide suggestions on how to begin money discussions with your family and create a healthy dialogue around finances.

Inheriting Wealth: How to Preserve and Grow Your Family’s Legacy

Tips for Navigating This Life-Changing Transition Passing on wealth can be a life-changing event, but it also comes with a great responsibility to preserve and grow your family’s legacy. Whether you receive an inheritance from a parent, grandparent, or another family member, it’s important to have a plan in place to use the wealth wisely and continue to benefit future generations. In this article, we will help guide how you might preserve and grow your family’s legacy after passing on wealth

A Roth conversion can be a savvy strategy to use within your fixed index annuity but read on to learn the challenges.

Surviving the Roth Conversion Gauntlet: Part One

A Roth conversion, and specifically a PIRC, can be a valuable strategy to create tax-free lifetime income for yourself and your family.

Aligning Your Tax-Free Stars

Most insurance companies allow investors to convert their fixed FIA to a Roth IRA prior to electing their guaranteed lifetime income, but to align your tax-free stars you’ll need an option I call “PIRC.”

Retirement Account Options for Entrepreneurs

Are Any of These Six Common Options the Right Retirement Plan for You? If you’re an entrepreneur, you know there are many benefits. You get to be your boss, make your hours, and spend your working days building something you’re passionate about. While it’s true that this type of work may offer more freedom and flexibility, it’s also important to consider the potential impact on your job benefits and retirement planning. Luckily, an entrepreneur has many favorable options to choose from. Read on to learn about six of them. 1. IRAs (Traditional and Roth) If you’re looking for the

Understanding the Financial Impact of ‘Gray Divorce’

Critical Considerations for this Challenging Life Transition Divorce can significantly affect various aspects of your life, depending on your individual circumstances. This includes your finances, which can cause a great deal of anxiety and stress. The financial impact of a relationship ending can be particularly impactful in cases of “gray divorce” – when two people aged 50 or over end a marriage – because retirement is near. And, though divorce may not have been in your retirement plans, understanding the multitude of financial considerations is helpful as you navigate this life transition. In this article, we’ll detail the financial

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Category: Blog

Protecting Your Savings: Strategies for Managing Retirement Healthcare Costs

Beware These Retirement Tax Traps

Wealth Management Strategies for High Net Worth Individuals and Families

Surviving the Roth Conversion Gauntlet: Part Two

How to Begin Money Discussions with Your Family – Even When it Feels Uncomfortable

Inheriting Wealth: How to Preserve and Grow Your Family’s Legacy

Surviving the Roth Conversion Gauntlet: Part One

Aligning Your Tax-Free Stars

Retirement Account Options for Entrepreneurs

Understanding the Financial Impact of ‘Gray Divorce’

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