Tired of chasing the next “hot stock” only to see your portfolio go flat? You’re not alone! In this new video, I break down the myth that picking winners is the key to financial prosperity. The truth is, planning is the real
Did you know that one of the greatest risks to your retirement portfolio can happen in the first years you retire? The timing of when you begin withdrawing money from your investments can dramatically impact your long-term wealth. It’s called
A question we’re commonly asked is, “Is it possible to drastically reduce taxes in retirement, or even eliminate them?” It’s possible, but you must start planning before you retire. Many people don’t realize that Traditional IRAs and 401(K)s are fully
We are currently in the middle of the Medicare Open Enrollment Period for 2023, and I thought that it might be a good time to review the basics of Medicare. Earlier, I went over the basics of Medicare Part A, as
We are currently in the middle of the Medicare Open Enrollment Period for 2023, and I thought that it might be a good time to review the basics of Medicare. Earlier, I went over the basics of Medicare Part A. To
We are currently in the middle of the Medicare Open Enrollment Period for 2023, and I thought that it might be a good time to review the basics of Medicare. To get the most out of your Medicare coverage, it’s
Many pre-retirees are uncertain about their choices when it comes to enrolling in Medicare. There are 2 main ways to get your coverage – you can choose the traditional fee-for-service Medicare, known as Original Medicare, or a Medicare Advantage plan.
With a traditional IRA, you may qualify for a tax deduction when you invest your money. But later, when you take the money out in retirement, all those distributions are taxed. The Roth IRA is the opposite. It has no
With a “regular” mortgage, you make monthly payments to the lender. With a “reverse” mortgage, you receive monthly payments from the lender, and generally don’t have to pay it back for as long as you live in your home. You
A “Living Trust” is a trust you create that is active while you are alive versus a Testamentary Trust which becomes active at your death. When you create a Living Trust, you ensure that your assets will be disbursed efficiently
