Congratulations! You’ve worked hard, planned and saved and now you’re able to do what very few people can: you are able to retire before you turn age 65. If you’re in this group, the single biggest concern you have now is health insurance. Q. What do you do if you’re retiring before age 65 and going on Medicare? Assuming your … Read More
Should You Pay Off Your Mortgage?
Planning for retirement brings up numerous and varied questions about how best to plan for your financial future. One of those often is: Should you pay off your mortgage? The short answer is yes. One of the best ways to lessen the stress of worrying about the economy or the direction of the stock market is to own your home debt … Read More
Understanding Tax Preparation
You’ve all heard that old saying that you can’t avoid death and taxes. Unfortunately, this adage is true. Since I believe you should spend as much of your time as possible doing only what brings you immense joy and satisfaction, I doubt that filling out your tax return is one of these activities! That’s why I urge you to use … Read More
Filtering Out Good Financial Advice vs. Financial Advice That’s Good for You
These financial “gurus” reach millions of people a day, and for the most part, give pretty good advice. However, that doesn’t mean that their advice is good for you. Why? The financial shows they advise for are geared towards the sound bite; entertaining, generic, broad, and quick. For example, a common piece of advice given is that a Roth … Read More