Planning for Retirement and Increasing Life Expectancies

Let’s face it, seniors today are healthier, more active and are likely to have longer lives. So what are the financial implications for retirees who will likely live well into their 80s and possibly their 90s? We believe that from a financial standpoint, retirees need to make financial planning decisions that reflect the high probability that they will live longer. Here are a few recommendations to consider.

Read More
Increasing Your Odds

As we help clients make long-term financial decisions, we also like to consider the probability of various negative outcomes. While we consider ourselves generally optimistic people, we believe that it is both important and helpful to also think about “worst case scenarios” - those financial uncertainties that have the potential to derail financial goals.

Read More
529 College Savings Plans FAQ

I can tell you from experience that children grow up fast! It is very hard for me to believe that my sweet daughter, Abbey, will be starting kindergarten soon. Five years have passed in the blink of an eye!Section 529 College Savings Plans can be an excellent tool when saving for college. While there are many benefits when using the 529 Plan, there are also a number of drawbacks. Here are a number of frequently asked questions:

Read More
Do you need a Trust for your children?

Most parents take certain steps to protect their children in the event of their premature death. Drafting a will or other estate documents, designating a guardian, obtaining life insurance and naming appropriate beneficiary designations on IRAs and 401k plans are all important components of an effective estate plan that serve the purpose of protecting your children. However, most parents should take additional measures to provide guidance on how their financial assets are managed for their children’s benefit.

Read More