Deciding when to retire and begin collecting Social Security is an important life decision. For some, savings losses may dictate that you delay your retirement plans and continue working, which means postponing when you begin collecting Social Security. Current law allows workers to begin collecting Social Security between 62 and 70 years of age. [...]
It seems like when we go through difficult times, it brings out the best in people but it also brings out the worst. I know firsthand about amazing and heroic and selfless behavior from people in my community and around the country. It's a wonderful thing to see and it makes me have faith [...]
The US economy had a tumultuous year in 2020, to say the least, and after rebounding strongly in the third quarter, the holiday surge in COVID-19 cases increased the risk that the economy may stumble heading into the new year. The sharp increase in new COVID-19 cases led to additional curbs on activity to contain [...]
Can I Defer and Lower My Taxes with a Qualified Opportunity Zone Fund? Recently, we learned that a Lebron James rookie card sold for $1,600,000! Assuming the owner paid $1 for the card, that’s a big windfall! But that could also be a large tax liability. Well, maybe not. Depending on the decisions of the [...]
Can private equity funds help you minimize risk and achieve higher returns than other investments? Introduction to Private Equity Funds Historically, investors have looked to private equity as a potential source of attractive returns, low correlation to other asset classes, diversification from public securities & the possibility of returns greater than those otherwise available [...]
Teach Your Children Well - 10 Steps to Financial Education Teaching your children to be financially responsible is one of life’s critical lessons. As your children mature, you will have many opportunities to teach them about good financial management, from kindergarten to adulthood. Financial Education in the Early years STEP 1. Shop with your young [...]
Tips on Understanding Your Credit Report, and Fixing Any Errors You May Find Following are six of the key items that appear on a credit report, with tips on how to fix any errors you may find: Personal information - Is your name, Social Security number, address and other personal information accurate? If not, contact [...]
In order to prepare for the appointment with the financial advisor here's how to prepare. To properly prepare for your meeting, you should get organized in 2 categories: Questions Current statements Let's start with “Questions” first There are questions for you to consider and your questions for the financial advisor. Questions For You Organize your [...]
In these unprecedented times our attention is being pulled in so many directions that it’s sometimes hard to know what to prioritize. One financial matter that may need your attention is your life insurance used to protect your family and your income. With the all-time low interest rate environment that we are facing, insurance companies [...]
Divorce can be a complicated and challenging process in which details are easily overlooked. Protecting your financial health during this time is crucial, and no one should enter this process without a trusted attorney (specializing in divorce) on his or her side. Equally important is knowing the laws that shape divorce proceedings, and the impact [...]
