The panic over Covid-19 led to the close down of the largest economy in the world. The consequence was a wave of business closures, bankruptcies and lawsuits. Can individuals or small business owners facing bankruptcy lose everything? Depends. Retirement accounts...
The SECURE Act that went into effect January 2020 contained two major provisions affecting everyone’s estate plan. It stemmed on a congressional desire to marshal in needed tax revenue under the premise that retirement accounts are for you, and not your heirs. The...
Adults were children who were subject to messages about money along with being taught certain beliefs about money. As one ages, they become subject to more messages from a host of influences insisting on a singular way to measure personal success or viewing self-worth...
A hallmark sign of smart young adults is to look ahead towards the future once they graduate from college and get their career in motion. This usually entails setting financial objectives and goals. The first big challenge they face is either embracing financial...
The U.S. is facing a geriatric explosion as tens of thousands of baby boomers reach the age of 65. As this cohort ages, with medical advances extending longevity, there will be a shifted focus on chronic illness. Although replacement, medication and lifestyle may...
When the question is posed to the average American asking “Why do you think that people who retired with assets fail in retirement?”….a survey conducted found that the most common response recorded by participants was “investment...
