TOP FIVE THINGS YOU Should do before moving in to a new home

Many homebuyers view their home as “a place to live.” More and more people though are looking to maximize the value of their purchase for resale value. Over my years of buying and selling homes, and helping my clients analyze over 100 deals, I’ve discovered the five...

Why Retirees Need Good Credit Scores

Careers & businesses end, but the need to borrow remains. We spend much of our adult lives working, borrowing, and buying. A good credit score is our ally along the way. It retains its importance when we retire. Retirees should do everything they can to maintain...

Patience can be your ally when it comes to stock market investment.

I understand that with the recent behavior of the stock market, you may be getting impatient. You may be thinking: “What should I do? Should I do something different? Should I get out of the market now?” Don’t panic. Don’t make a rash decision. Perspective: The market...

Life Insurance … Is It Time?

Have you been putting it off? According to the insurance industry group LIMRA and the nonprofit Life Happens, 43% of Americans have no life insurance.1 Why don’t more young adults buy life insurance? Shopping for life insurance may seem confusing, boring, or...

Keep Calm, Stay Invested

Expect more volatility, but avoid letting the headlines alter your plans. Recent headlines have disturbed what was an unusually calm stock market. The political uproar in Washington may continue for weeks or months, and it could mean significant, ongoing turbulence...

401(k) Plans for Healthcare Practice Employees

This may be one of the best things you can do for your financial health. If you had a chance to save hundreds of thousands of dollars over time at no great cost to your lifestyle or your monthly budget, would you take it? An easy-to-use retirement savings option that...

Money Milestones: This is how your finances should look in your 40s

Danny Kofke, a 41-year-old middle-school teacher outside of Atlanta, often looks at a picture of a family trip to Disney World from a few years ago — to him, it exemplifies what he’s working toward in his retirement: more trips and long-lasting happy memories. He and...

Wow! Here’s How Many Seniors Claim Social Security at Age 70

Social Security is a program that forms the financial foundation for a majority of our nation's retired workers, and that's not expected to change anytime soon. We're really dependent on Social Security income, and that could be a problem Data from the Social Security...

Are Golf Carts a Safety Risk?

In some Sun Belt communities, retirees drive them off the links to run errands or eat out. While these electric vehicles are easy to operate and better for the environment than a gas guzzler, their open architecture can make them extremely dangerous in collisions with...

Should you pay your income taxes by credit card? Um, no

A big tax bill is like hay fever. You don’t want it, you try to avoid it — and then April rolls around and it hits you hard. Now you have to figure out how to take care of it. Taxes have to be paid, and putting them on your credit card might seem a good option. Maybe...

The big reason many retirees run out of money

If you’re in retirement now, or approaching it, you know there are many things to consider and many decisions to be made that will be important in determining your financial well-being for the rest of your life. Among the most crucial: estimating how long you’ll live....

Non-Cash Income IRS Requires To Be Reported On Your Taxes

At tax time, it's easy to remember your wages, since you receive a Form W-2. It's also easy to remember income reported on Forms 1099. You probably get many Forms 1099, so don't lose them. But what isn't so clear is if you get income without cash, and it is more...

How Can You Make Your Retirement Money Last?

These spending and investing precepts may encourage its longevity. All retirees want their money to last a lifetime. There is no guarantee it will, but, in pursuit of that goal, households may want to adopt a couple of spending and investing precepts. One precept:...

Life Insurance with Long Term Care Riders

As conventional LTC policies grow costlier, alternatives have emerged. The price of long-term care insurance is really going up. If you are a baby boomer and you have kept your eye on it for a few years, chances are you have noticed much costlier premiums for LTC...

Get ready for lower life insurance premiums

Some good money news rolled in with the New Year: Life insurance could be cheaper in 2017. New rules governing the back-end finances of insurance companies went into effect at the start of the year, and some companies are already in the process of lowering prices for...