There is good news for Social Security recipients. It’s now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That would be the most significant increase since 1983.1,2 It’s all about inflation. Social Security...
Most of us recognize the importance of creating a thorough, well-reasoned estate plan. But, we may not give adequate thought to choosing the right executor to carry out the provisions of our wills. It’s a responsibility that should be taken seriously, and that’s why...
You give your time, money, and love to raise your children to be self-sufficient. So, what do you do when your now-adult-child asks for financial aid? As more baby boomers retire, many find they are spending their savings helping their adult children in financial...
Saving enough money for retirement is a challenge for all, but it can be particularly difficult for women. There can be a number of reasons for this, but a few of the more common reasons include: Longevity: On average, American women live five years longer than...
For many, their retirement dreams include visions of travel, relaxation, and family. But retirement often looks different today than it once did with second careers becoming more and more popular. One third of those who retire eventually return to work on either a...
As much as you would like to, you can’t keep your money in your retirement account forever. These investment vehicles include 401(k)s, IRAs, and similar retirement accounts.1 Under the SECURE Act, once you reach age 72, you must begin taking required minimum...
