The Potential Hidden Costs of Inflation

You’ve probably heard about or experienced the effects of inflation - everyday items can cost more, and the monthly inflation numbers make the news. While the increased costs we see on a regular basis can have an impact on our finances, there may be some potential hidden costs to inflation we don’t necessarily see right [...]

By |2021-09-27T18:03:48+00:00September 27th, 2021|Economy, Financial Planning|0 Comments

Examining the Future of Social Security, Medicare, and Your Taxes

The Social Security trust fund is now expected to be depleted by 2034, according to a recent report from the Social Security and Medicare trustees.[1] That’s one year earlier than they reported last year, and the pandemic is to blame. Less was collected in payroll taxes when unemployment was high, and more people claimed benefits. [...]

By |2021-09-20T12:31:38+00:00September 20th, 2021|Medicare, Social Security, Taxes|0 Comments

How Would You Handle a Retirement Curveball?

Sometimes life gives us lemons, as the saying goes. In order to make lemonade, you need a plan. Whether it’s a financial crisis or a personal setback, there are events that can upend your retirement if you’re not prepared. Have a plan for handling retirement curveballs if they come your way. An Earlier-Than-Expected Retirement It [...]

By |2021-09-13T04:36:54+00:00September 13th, 2021|Retirement Planning|0 Comments

Three Eroding Forces on Your Retirement Savings

Over 60% of Baby Boomers are more afraid of running out of money than of dying, according to a recent survey.[1] Even retirees who have saved a substantial amount for retirement may be worried about outliving their savings, and there may be good reasons for this. The potential for higher taxes, inflation, and healthcare costs [...]

By |2021-09-07T01:41:10+00:00September 7th, 2021|Economy, Healthcare, Retirement Income, Taxes|0 Comments
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