Retirement

Is there anything artificial intelligence can’t do? Well, the answer is “plenty.” The more precise response is, “It all depends on what you’re asking AI.” This is especially true for retirement questions. There’s no doubt that, like any computer, it’s a whiz at number crunching. In fact, it’s much more than that. It’s that chatty

Can you afford to retire if you have $1 million in savings? As with many questions, the answer is “It depends.” Your values, circumstances, and smart planning can make or break a financially successful retirement. Let’s look at the details. Is $1 Million A Lot Of Money In Retirement? If you compare yourself to all

Economic policy uncertainty has surged since Donald Trump’s election. This can be bad, not just for the stock market, but also for business investments and for consumer spending, if the past is any indication. At this point, it is unclear whether tariffs will happen, whether the federal government will stay open after March 14, whether

It’s Never Too Late To Build Your Retirement Nest Egg Starting retirement savings later in life can feel daunting, but it’s far from impossible. The best advice is to start early, but in reality, life may not allow for this, or one may have simply let time slip away. Unfortunately, a staggering number of people

For many adult children, watching their aging parents struggle with daily living in an unsafe home is a distressing reality. The situation becomes even more challenging when those parents adamantly refuse to leave despite clear evidence that their environment is no longer safe. Consider the real case of an elderly couple, both in their late

Despite President Trump’s repeated promises that “we’re not touching Social Security, other than to make it more efficient,” it appears his Administration is planning deep cuts in the program’s administration. And that inevitably will mean trouble for those receiving or applying for benefits. By slashing staff and tinkering with its internal computer systems, the Trump

Passing money from one generation to the next in trust can have its pitfalls. Often when a trust is created, the ultimate beneficiaries are not even born. How is the person creating the trust to know how their grandchildren will turn out if they are still running around in diapers or if they have never

One of the most misunderstood Social Security issues is how working past age 62 affects retirement benefits. Misunderstandings often cause people to make the wrong decisions about claiming benefits or mislead them about the likely level of benefits. You can begin claiming Social Security retirement benefits as early as age 62, whether you are working

When I talk to prospects and clients about retirement investing, no one usually thinks about what companies are inside their portfolio. They often have a shocked reaction thinking that they might be making money on the backs of the unfortunate prey of predatory lenders. Research provider YourStake defines predatory lending as “Companies that have received

Many investors who prospered from gold’s bull market will be surprised by how profits on their gold investments are taxed. Gold is a collectible in the tax code, giving it less favorable treatment than most other investments. The first unfavorable treatment is that IRAs and other individually-directed retirement accounts (both traditional and Roth versions) aren’t