Tag: social security
Letter to the editor: Let common sense prevail
Recently the hot topic in the news is the deficit reduction debate. The debate tries to link Social Security to the federal deficit. Social...
It’s not how much you save, it’s how much you earn
So, you have saved for retirement with a 401 (k) or an IRA and have been putting money into Social Security at the maximum rate. You are fortunate enough not to have to work after retirement age and are pleased that you’ve been able to accumulate enough wealth so you can retire comfortably. But, the truth behind a successful retirement is not necessarily about how much wealth you have accumulated, but turning that wealth into generating income.
Options for paying for long-term health care
Long-term care riders are like health and car insurance, you want the protection just in case you need it, but hope never to use it. Social security and Medicare offer limited protection if you need long-term care recovering from an illness or an injury.
What to bring to meeting with financial advisor
The financial planning process is not merely a matter of numbers. When you meet with a financial advisor to map out a strategy for wealth accumulation or wealth preservation, you may find yourself intellectually and emotionally engaged on a level you hadn't anticipated. It may actually give you a better understanding of what you want from life.
