I read an article last week about the benefits of thinking about yourself in future terms. The idea being that many of us feel little connection to the person we will be years from now, and that leads to a shortsighted behavior that actually hurts us in the long run....

We often hear the phrase “The market is up” or “The market is down” and we think we have either made money [or lost out on making money] or we have lost money. The problem is the phrase is rarely connected to anything that has real meaning to us personally. Why is...

There has been an uptick in what regulators call Romance Fraud schemes and studies have been done to try to pinpoint when seniors are most vulnerable. Not surprisingly it is between twelve and twenty-four months after losing a loved one, moving or becoming less mobile...

Perhaps there is more truth to this saying than we want to admit. This year has been tumultuous, with markets declining and interest rates increasing. Were we all soothsayers we would be rich beyond our dreams. But we aren’t and it is disingenuous to think about the...

Sometimes it is best to start with the basics. If you are planning for retirement are you contributing enough to your 401(k) to get your company’s full employee match? Think of it as free money. Have you paid off high-interest rate debt you may be carrying....

From time to time it is a good idea to review the basics. This week’s article does just that. Take a look and see if you agree that it does a good job of discussing the many types of annuities, the nature of the underlying investment, the primary purpose of an...

While inflation has certainly been in the news lately, one topic that doesn’t seem to be discussed all that often is private pensions, unlike Social Security payments, typically don’t offer a cost-of-living adjustment that keeps pace with inflation rates. While State...

“On the surface, retirement planning hasn’t changed all that much over the years. You work, you save and then you retire. But while the mechanics may be the same, today’s savers are facing some challenges that previous generations didn’t have to worry about.” Those...

Tax-advantaged accounts, or qualified accounts, allow your portfolio to grow without the impact of taxes, a major benefit when it comes to savings for your goals. For retirement, there are multiple account options to choose from, and tax rules will most likely vary...

Slow and steady wins the race is an idiom we have all heard, but rarely do we think to apply it to how we approach retirement planning. Taking a slower, more consistent approach often leads to a better outcome. It is easy to forget that and to take risks in order to...