Here is what you need to know.  Provided by Marc Aarons at Money Managers, Inc. Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. April 1, 2020 is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts. April 15, 2020 […]

This is happening in subtle and not-so-subtle ways.  Provided by Marc Aarons at Money Managers, Inc.  You may have seen this statistic before or one resembling it: the average 65-year-old retiring couple can now expect to pay more than $250,000 in health care expenses during the rest of their lives. In fact, Fidelity Investments now […]

Some specifics about the “second act.”  Provided by Marc Aarons at Money Managers, Inc.     Does your vision of retirement align with the facts? Here are some noteworthy financial and lifestyle facts about life after 50 that might surprise you.   Up to 85% of a retiree’s Social Security income can be taxed. Some retirees […]

Most people just invest for the future. You have a chance to do more.  Provided by Marc Aarons at Money Managers, Inc.   Across the country, people are saving for that “someday” called retirement. Someday, their careers will end. Someday, they may live off their savings or investments, plus Social Security.  They know this, but […]

Most people just invest for the future. You have a chance to do more. Provided by Marc Aarons at Money Managers, Inc.   Across the country, people are saving for that “someday” called retirement. Someday, their careers will end. Someday, they may live off their savings or investments, plus Social Security.  They know this, but […]

One study asserts that these relationships can make a difference for investors.  Provided by Marc Aarons at Money Managers, Inc.  What is a relationship with a financial advisor worth to an investor? A 2019 study by Vanguard, one of the world’s largest money managers, attempts to answer that question. Vanguard’s whitepaper concludes that when an […]

What the I.R.S. looks for and why. Provided by Marc Aarons at Money Mangers, Inc.  “Audit” is a word that can strike fear into the hearts of taxpayers. However, the chances of an Internal Revenue Service audit aren’t that high. In 2017, the most recent statistics available, show the I.R.S. audited 0.5% of all individual […]

What steps might help you sustain and grow your retirement savings? Provided by Marc Aarons at Money Managers, Inc.   “What is your greatest retirement fear?” If you ask any group of retirees and pre-retirees this question, “outliving my money” will likely be one of the top answers. In fact, 51% of investors surveyed for a […]

Protecting yourself from potential calamity. Provided by Marc Aarons at Money Managers, Inc.  Cyber crime affects both large corporations and private individuals. You’ve likely read about the large data breaches in the business world. These crimes are both expensive and on the rise. The U.S. Identity Theft Resource Center says that these corporate data breaches […]

“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” – Warren Buffett1  Provided by Marc Aarons at Money Managers, Inc.  Risk is a factor in any investment decision that you make. Your tolerance for risk is something that you will want to consider when you make decisions alongside your trusted financial professional. Your […]