IMPORTANT! READ OUR COVID PROCEDURES

Category: Financial Planning

Create a Healthcare Plan for Retirement - Feb. 01, 2022

Create a Healthcare Plan for RetirementIf you pay $250 a month for cable and premium channels, that’s $3,000 a year. Over a 30-year period, the total cost would be $90,000. We don’t tend to think about how much we pay in regular expenses over the long term. However, that’s how various industry analysts report the cost of healthcare during retirement. […] read more

Long-Term Investment Opportunities Presented by the Infrastructure Bill - Jan. 01, 2022

Long-Term Investment Opportunities Presented by the Infrastructure BillIn November, President Biden signed legislative funding that represents the largest transportation spending package in U.S. history. The $1.2 trillion Infrastructure Investment and Jobs Act authorized funding for roads, highways, bridges, public transit systems, utility systems, electrical grids, energy projects and broadband infrastructure. Because the funding extends over a five-year period, it should not have […] read more

Venture Capitalism and 'Unicorns' - Dec. 01, 2021

Venture Capitalism and 'Unicorns'Venture capitalism comes from an investor who offers money to start-up companies in exchange for an equity stake – much like you see on the ABC television show, Shark Tank. As a general rule, a venture capitalist (VC) invests after the new venture is up and running and looking for additional capital to further commercialize […] read more

Flood Insurance: Insuring Your Home - Nov. 01, 2021

Flood Insurance: Insuring Your HomeDid you know that homeowner’s insurance doesn’t cover flood damage? Because of this, homes located in a Special Flood Hazard Area (SFHA) are required by lenders to purchase a separate flood insurance policy. However, there are millions of homes at risk that also experience periodic flooding but are not located in the most hazardous zones. […] read more

Strategies for Paying Off Student Loans - Oct. 01, 2021

Strategies for Paying Off Student LoansToday, 70 percent of college students graduate with an average of $30,000 in student loan debt. The average payment is nearly $400 a month and will take about 20 years to pay off. On an individual level, paying off high debt can delay hopes of saving to buy a house, start a family, launch a […] read more

HSA: Save it for Retirement - Aug. 01, 2021

HSA: Save it for RetirementAccording to Fidelity Investments, the average 65-year-old couple retiring today will need about $300,000 for out-of-pocket healthcare expenses during retirement. And that doesn’t even include long-term care. One way to help pay for this enormous cost is to open a health savings account (HSA), which is a savings and investment vehicle designed to help people […] read more

Wishing on a Star: Investors Pour Billions in to SPACs - Jul. 01, 2021

Wishing on a Star: Investors Pour Billions in to SPACsA SPAC is a special purpose acquisition company. It is typically sponsored by a venture capitalist or a private equity firm that has expertise in a specific sector or industry, such as green technology. A SPAC launches as an IPO, but it is nothing more than a shell company that raises money from investors. Post-IPO, […] read more

Real Estate Opportunities in 2021 - Jun. 01, 2021

Real Estate Opportunities in 2021Even before the pandemic began, the U.S. residential real estate market was short on houses, with more people looking to buy than those who were selling. And yet, unlike the 2008 recession, any economic woes related to the pandemic did not undercut housing prices. If anything, real estate had a banner year as home prices […] read more

Roth Conversion in 2021? - Apr. 01, 2021

Roth Conversion in 2021?In 2020, a year when all income brackets benefited from lower tax rates, the stock market took a nosedive at the beginning of the pandemic. For investors sharp enough to see the opportunity, this was an ideal time to convert a traditional IRA into a Roth IRA. When you conduct a Roth conversion, the assets […] read more

The Impact of COVID on Life Insurance - Mar. 01, 2021

The Impact of COVID on Life InsuranceIf someone you know died from COVID-19 and had an existing life insurance policy, there should be no problem receiving the death benefit. The terms of a life insurance contract cannot be changed after purchase, so anyone with a policy before the pandemic will continue to be covered as long as premiums are paid. However, […] read more