Financial Planning

Medicare: Don’t Set It And Forget It

By |2019-10-02T08:37:56-04:00October 2nd, 2019|Financial Planning, Retirement|

It may be one of the biggest misconceptions people have about Medicare—thinking that when they’re eligible they can enroll and then they’re set for life—set it and forget it. Nothing could be further from the truth. Never changing your Medicare plan can be a costly mistake. Every year, insurance companies make changes to the Medicare plans they offer. Those changes [...]

The Last Piece of the Estate Planning Puzzle

By |2019-09-24T12:14:33-04:00September 24th, 2019|Estate Planning, Financial Planning|

You’ve worked hard to get your estate plan in place. The appropriate documents have been created and signed. You’ve named the person who’ll carry out your final wishes. But have you completed the final piece of the estate planning puzzle? If this last piece is in place, it will make it substantially easier for your executor or trustee. The last [...]

SPECIAL REPORT: The Yield Curve And What It Means

By |2019-12-06T10:39:07-05:00September 13th, 2019|Alhambra Portfolios, Bonds, Financial Planning, Markets, Special Reports|

The Yield Curve Inverted! Recession is Coming! Do you need to worry about the yield curve inversion? Not if you have a strategy appropriate to your circumstances. Not if you know what tactics you will employ when recession is imminent. And most importantly, not if you know what the yield curve and other indicators are really saying about the current [...]

It’s Open Season on Taxpayers and You are the Target

By |2019-09-09T12:19:08-04:00September 9th, 2019|Financial Planning|

Hunting season is open again and you’re the target. According to the Internal Revenue Service, there is a new IRS impersonation email scam trying to con you out of your personal information with the end game of stealing your identity. There are variations of what appears in the email subject line, but you may see phrases such as, “Automatic Income [...]

Retirees Lose $3.4 Trillion By Claiming Social Security Too Early

By |2019-09-04T13:00:17-04:00September 4th, 2019|Financial Planning, Retirement|

For years now, there’s been lots of talk about what happens if you claim Social Security benefits before full retirement age (FRA) or even waiting until the maximum age of 70. Claiming early means you’ll receive less money, permanently, than if you waited. In spite of the warnings, only 4% of retirees wait until 70 to claim benefits and that [...]

Do You Have Your End Of Life Documents?

By |2019-08-28T16:16:26-04:00August 28th, 2019|Estate Planning, Financial Planning|

No matter your belief structure, or whether you’re reluctant to admit your own mortality, it’s a fact that none of us will live forever. And since no one knows if their demise will happen quickly or be proceeded by a lengthy illness, it’s good to be as prepared as possible for your care and for the disposition of your estate. [...]

Are Your Finances Making You Sick?

By |2019-08-20T21:27:04-04:00August 20th, 2019|Financial Planning|

If you’re like a majority of Americans, dealing with your finances is stressing you out and wreaking havoc on your health. That’s the conclusion of a new report that asked people’s opinions about their money and their financial outlook. Of the 1000 people surveyed, about 60 percent said managing their money affected their mental health and 56 percent said it [...]

The Lump Sum Distribution Monster

By |2019-08-19T12:38:54-04:00August 19th, 2019|Financial Planning, Retirement|

It’s the end of an era, at least for Baby Boomers. Some have already retired; many more can see the finish line of their working years. For Boomers with highly appreciated company stock in their 401(k) a major decision is whether to do an IRA rollover, leave the money in the employer plan, or use the lump-sum distribution tax break [...]

SPECIAL REPORT: The Definitive Guide to Medicare

By |2019-12-06T10:39:15-05:00August 16th, 2019|Financial Planning, Retirement, Special Reports|

There’s a common misconception that Medicare is a simple, automatic process when you turn 65. Nothing could be further from the truth. The responsibility to enroll is on your shoulders, and if you miss deadlines or don’t enroll in just the right way, you can incur penalties that will consume chunks of your retirement income for the rest of your [...]