Unfortunately, the answer is yes, and you might be surprised by one of the reasons why – unpaid student debt. A recent report, “Snapshot of Older Consumers and Student Loan Debt” by the Consumer Financial Protection Bureau, sounds the alarm that delinquencies for unpaid student loans are on the rise: “The number of consumers age 60 and…
Recent Articles
5 Steps to Redoing Your Estate Plan After a Divorce
Going through a divorce is a major life change, but it can also be a fresh start that allows you to look forward to new opportunities and to set and plan your own priorities. One of those opportunities is re-defining your future estate distribution plans while also ensuring you will be remembered the way you…
The Danger of Using “Alternative Facts” When Planning Your Retirement
Planning for retirement, well the saving part anyways, seems to be one of those things far too many of us put off doing, or make a half-hearted attempt at setting a meaningful amount of money aside to be able to retire someday. Well financially independent at least. Instead, we use “alternative facts”, or false narratives that we…
Why More & More Women Are Single In Retirement
The number of currently married women who will live alone at some point during their retirement years, due to widowhood or a late divorce continues to grow at a steady pace. With 27.5 million married baby boomer women now heading into retirement, many may find themselves woefully unprepared financially for living life on their own….
10 Essential Things to Consider if You Want To Retire Soon
If you plan to retire soon or are at least considering it, now is a good time to check your retirement readiness by reviewing these ten essential pre-retirement questions and “to-dos.” Getting clarity on each of these will go a long way to help ensure your retirement is successful, not only from a financial standpoint but also…
Medicare Premiums Are Rising – More For Some Than Others
You may already be aware of this, but just in case you aren’t, right or wrong not everyone pays the same amount for their Medicare Part B premiums. As a result, while most individuals enrolled in Medicare will see a small increase in their premiums in 2017, others will see a more sizeable increase. Each…
“I had a great retirement income strategy, until…”
There’s an all-too-common belief about retirement planning, and it goes like this: “As long as I save as much as I can in my retirement accounts, stick to a reasonable withdrawal rate, and control my spending in retirement, I’ll be ok.” Certainly, that’s a good beginning. But as always, “life” sometimes has a way of…
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