Archive for category Planning

Top 3 FAQs on 401(k)s

  The top three questions I am asked most often these days with regard to 401(k) accounts are:   Should I leave my 401(k) in a prior employer plan while out of work? Is it best to roll my account into a new employer plan every time I change jobs? Can I cash my 401(k) […]

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Static Planning: The Need for Review

  In a perfect world planning would be easy. You would figure out how much of a resource you would need at a specific time and allocate assets either in a lump sum or systematically over time until this goal was reached. The account would grow steadily over time until the mark was reached – […]

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Proactive Retirement Planning

  I just read an article entitled, “5 Biggest Planning Retirement Mistakes”. The problem with titles like these in general is they are negative, and many times, as misleading as they are disheartening.   Proactive retirement planning on the other hand, is a different workhorse (pardon the pun) altogether. It should be ongoing and positive, […]

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Mature Health: Time Sensitive Changes

This is a MUST READ for Adults 65 & Up, Caregivers, Adult Children and Estate Managers!   New Changes to Part D Enrollment Period   The Annual Enrollment Period (AED) has changed for Medicare Part D plans. This is a big deal for anyone 65 and older because failure to make changes within this period […]

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What if you couldn’t work and pay bills?

    According to statistics provided by the Social Security Administration, 3 in 10 workers entering the workforce today will become disabled before they retire. If that stat isn’t staggering enough, consider the fact that 71% of Americans would find it very difficult or somewhat difficult to meet their current obligations if their paycheck was […]

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Pension Plans: Who’s Funding Who?

  According to studies by the Government Accountability Office (GAO), a growing number of DFP’s (Defined Benefit Plans, better known as pension plans) are funding their obligations by purchasing Hedge Funds and Private Equity Funds. While the prevalence of this usage funding is constituted in larger pension funds, their usage is not forbidden in smaller […]

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The Top 2 Things You Can Do To Battle Market Fatigue

  You need only turn on the TV, radio, or skim a newspaper to realize we are right in the middle of some challenging economic times. The BIG question is what can we do when our individual abilities to change the quagmire we’re stuck in is minimal? Here is the shortlist.   #1 Look at […]

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Segregated Planning for Life and Death

  Death and dying is definitely one of those subjects none of us likes to talk about; equally so with funeral planning. I will admit, it hadn’t been on my radar until my wife and I recently went through the process of shopping for and pre-paying my in-laws’ funerals. It was an eye-opening experience both […]

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The Most Costly Mistake

  According to a new report, “The cost of long-term care services continues to rise”. I don’t think any of us would consider that to be a newsflash by any means; quite the contrary really. Rising healthcare costs are and have been a nationwide topic du jour for quite some time. Why would long term […]

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Planning for Safety, Security & Sanity with Senior Parents

  Brian Tracy, veteran motivational and business guru, writes often about the 80/20 Rule which provides that 20% of virtually all of our activities provides 80% of our results. (Make that link a must read if you haven’t seen it before.) Recently I read a post about the 40/70 Rule which provides: if you’re an adult […]

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