For Mark Roberts' Use: As retirement planners, we always remind our clients to anticipate potential rising costs throughout retirement. That way, you can adjust your budget and withdrawal schedule accordingly. The cost of healthcare is one of those fluctuating expenses. While Medicare and supplemental insurance plans can help you keep your expenses more predictable, their [...]
For Mark Roberts' Use: You probably know that most retirees can’t depend upon Social Security benefits alone, and should plan for at least one other form of retirement income. Having said that, Social Security is an important part of most retiree budgets. So, in the years leading up to retirement, it makes sense to do [...]
For Mark Roberts' Use: Frequently, con artists target retirees. They know that dealing with large government agencies, like Medicare or Social Security, can be confusing. They also understand that retirees sometimes feel anxiety over living on a fixed income or losing benefits (which almost never happens anyway). Unfortunately, fear and anxiety, along with unfamiliarity with how [...]
For Mark Roberts' Use: It’s that time of year again! Did you set any New Year’s resolutions? If so, you’re probably ready to dive in and tackle your new goals. But if you do, keep in mind that changing your lifestyle often means changes to your budget. To avoid adding additional strain to your financial [...]
For Mark Roberts' Use: As financial advisors, we often hear of individuals who allowed their term life insurance contracts to expire. Twenty or so years after selecting the policy, replacing it with a permanent life insurance plan might require a premium increase that feels uncomfortable. But going without life insurance is an enormous risk of [...]
For Mark Roberts' Use: At some point, most of us dream about an early retirement. And on the surface, it certainly sounds wonderful. Who wouldn’t love to avoid their daily commute, never see the inside of an office again, and spend their days in leisure (or exciting activities, for that matter)? For some, an early [...]
For Mark Roberts' Use: As financial advisors, we frequently advise those planning for retirement to save all that you can. And now, we have some good news: Contribution limits for qualified retirement plans were increased for 2019, allowing you to set aside a bit more money for retirement. If you participate in a 401(k), 403(b), Thrift [...]
For Mark Roberts' Use: Now that Thanksgiving is behind us, and the leftovers in your refrigerator have finally disappeared, the holiday shopping season is in full swing. We know it’s easy to get carried away at this time of year, and suffer a bit of buyer’s remorse when credit card statements arrive in January. To [...]
For Mark Roberts' Use: In 2014, in response to economic conditions and employee feedback, the federal government launched a Phased Retirement option for their workers. Due to the success and popularity of the program, some private sector companies are following suit. A 2017 study found that about half of large employers are aware of employee interest [...]
For Mark Roberts' Use: We all know that the purpose of auto and homeowner’s insurance (and certain types of business insurance) is to cover financial losses in the event of an accident or natural disaster. When your personal assets are damaged, your insurance policy kicks in to cover the loss, up to the limits stated [...]