Retirement

In March of every year, the World Health Organization (WHO) and people in the hearing industry celebrate and support a “World Hearing Day.” It’s been going on for decades and is generally used to raise awareness about hearing loss and inform listeners and readers about the options available to them – options for appliances that

Introduction Cleaning out your attic is one of those unpleasant projects that is typically delayed, deferred, and dodged as long as possible. Not much fun. The benefit to biting the clean-up bullet on your attic is similar conceptually to cleaning up your estate and related planning. In both your attic and estate planning clean-up projects

“Held-to-maturity” is a phrase that has been thrown around a lot in the days following Silicon Valley Bank’s implosion. Here’s what it means, why it matters, and how you might avoid SVB‘s VB fatal mistakes in your own personal financial planning. SVB received an enormous amount of deposits from enterprising venture capital firms in the

Financial technology is growing and improving every day and robo- and hybrid-advisors are creating a more accessible and affordable way to gain financial guidance. With all the advancements, many people have asked me this question: are financial advisors going to become obsolete? Naturally as a financial advisor myself, I sure hope not. But I also

In early March, Senator Elizabeth Warren released a report about the incentives giant insurance companies offer to agents selling Medicare Supplement Insurance (otherwise known as Medigap policies). The report noted that the incentives steer unsuspecting seniors into products that “cost them hundreds or thousands of dollars more each year.” More than what? The report does

The latest estimates say the Social Security trust fund will run out of money earlier than previous estimates. In 2022, the Trustees of Social Security and Medicare projected that the Social Security retirement trust fund would run out of money in 2034. I said at the time that estimates and assumptions used in the projection

So far there is no reliable narrative about what the banking crisis in the United States will mean for the world economy. Even after the implosion of Silicon Valley Bank (SVB VB ) and Signature Bank, we likely have not heard the last of troubles in regional banking. The latest institution to face a life-or-death

Just over three years after the world heard about Covid, and despite getting vaxed and boosted, I finally got hit with the virus. Although it’s possible I had it in January 2020 when I was in southeast Asia since I had all the same symptoms , I never got tested since there were no tests

You’d have to be living in a cave for the past decade to be unaware that Social Security will be facing significant funding challenges in about 10 years. If Congress doesn’t act to close the funding gap, retirees could face benefit reductions of roughly 20% to 25%. Predictably, our political leaders can’t agree on the

The goal of estate planning is to ensure your assets transition to your loved ones after your death in an efficient manner while maximizing tax savings. There is no one plan for everyone – it depends on you, your family, your assets and your wishes. Unfortunately, not everyone pays as much attention to their estate