Annual Financial To-Do List Things you can do for your future as the year unfolds. Provided by Marc Aarons What financial, business, or life priorities do you need to address for the coming year? Now is an excellent time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from […]

Should You Prepare to Retire on 80% of Your Income? Examining a long-held retirement assumption. Provided by Marc Aarons   A classic retirement preparation rule states that you should retire on 80% of the income you earned in your last year of work. Is this old axiom still true, or does it need reconsidering? Some […]

5 Retirement Concerns Too Often Overlooked Baby boomers entering their “second acts” should think about these matters. Provided by Marc Aarons   Retirement is undeniably a major life and financial transition. Even so, baby boomers can run the risk of growing nonchalant about some of the financial challenges that retirement poses, for not all are […]

Recession or Growth Scare? Your Guide Provided by Marc Aarons   I’m hearing a lot of mixed messages these days about the economy. Some headlines say we’re already in a recession; some say one is looming. Others hint that we’ll avoid a recession and have a soft landing. It makes you wonder who’s in charge […]

Inflation Reduction Act of 2022 Provided by Marc Aarons   Have you heard? The Inflation Reduction Act was signed into law on Tuesday, August 16. While the $430 billion package includes many provisions, I thought I’d highlight three key areas where you may benefit the most.   Tax credits for energy-related home improvements – The […]

National “Make a Will” Month Provided by Marc Aarons “Where there’s a will, there’s a way.” Sage advice that applies not only to our lives but to your estate strategy.   When was the last time you reviewed your will or estate strategy? August is National “Make a Will” Month, an excellent annual reminder to […]

Unpacking the Summer Economy Provided by Marc Aarons In the financial world, some weeks are more important than others, and we just lived through a big one. Let’s unpack each of the four key stats:   The Fed. As expected, the Fed bumped up short-term rates again at its July meeting. But the markets breathed […]

Required Minimum Distributions 101 Understanding mandatory retirement account withdrawals. Provided by Marc Aarons If you are approaching your seventies, get ready for required minimum distributions. You may soon have to take RMDs, as they are called, from one or more of your retirement accounts. You can now take some RMDs a bit later in life, […]

What Happens When There Are No Beneficiaries Where do those accounts and policies end up? Provided by Marc Aarons Some accounts have no designated beneficiary. Rarely, the same thing occurs with insurance policies. This is usually an oversight. In exceptional circumstances, it is a choice. What happens to these accounts and policies when the original […]

Getting Disability Income The facts about applying for SSDI and SSDI benefits. Provided by Marc Aarons   If you cannot work due to a disability, you might be eligible for Social Security Disability Income (SSDI). These federal government payments could offer you a degree of financial relief.1 Most SSDI recipients get paid between $700-1,400 per […]