Life Insurance

That may be unlikely, but the program does face financial challenges.  

Will Social Security run out of money in the 2030s? You may have heard warnings about this dire scenario coming true. These warnings, however, assume that no action will be taken to address Social Security’s financial challenges between now and then.

The millennial’s retirement Pot of Gold might be held in Roth investment accounts and/or a less popular account that can help mitigate their long-term care risk while maintaining flexibility and liquidity of the assets designed to address care.  Let us take a look at that less popular account here.

Submitted by Kate Hennessy on May 21, 2019

As financial planners, we are always planning and finding solutions for our clients. One important part of any plan is to have an emergency fund.  An emergency fund is a “sleep at night fund” that houses 3 to 12 months of your household expenses.  It’s “the fund” that you never want to touch, but is there in the event of an emergency (loss of job, unexpected major home repair, etc).

Do the financial services you’re receiving from your financial advisor/broker include tax return preparation and trust drafting for one fee? 

Would you like to receive financial services similar to ultra-high net-worth families?

When planning for retirement, we typically focus on things like asset allocation, 401(k) performance, Social Security and the like. However, there are many nonfinancial aspects to preparing for this exciting phase that can greatly impact your quality of life. Here are some tips and strategies for a happy, healthy and well-rounded retirement.

If you’re interested in beginning to invest but are nervous, or simply don’t have a lot of money to invest, why not start slow?

There are a multitude of ways to get started without risking a lot of money in the process. If you have $1,000 and are ready to start investing, here are some ways to do so:

In This Issue:

• Key Retirement and Tax Numbers
• Hybrid Funds, Lifestyle or Target?
• What Happened to Your Money?

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The following segment first aired on KEDM 90.3.