HEALTH CARE COSTS MAY EAT HALF OF YOUR SOCIAL SECURITY INCOME
Jim Lorenzen, CFP®, AIF® The 2016 Retirement Health Care Costs Data Report recently released by Healthview Services found that health care costs are continuing to
Jim Lorenzen, CFP®, AIF® The 2016 Retirement Health Care Costs Data Report recently released by Healthview Services found that health care costs are continuing to
Jim Lorenzen, CFP®, AIF® Choosing between pension options can be a difficult task. Choosing an option that guarantees your spouse pension benefits after your death
Jim Lorenzen, CFP®, AIF® This sign represents the off-ramp many pre-retirees are seeking; but, there are usually many unforeseen detours before getting there; and, too
We all know the Fed target is 2% inflation; but, since COVID-19 and all the accompanying spending, it’s been tough going for the Fed. While the rate of inflation has been slowly declining, it’s still stubbornly around 3% – and with people living longer, it can still spell disaster for those facing retirement, especially with longer life expectancies.
Retirement milestones should actually begin the day you leave school and enter the workforce; but few people think about retirement at that age. They’re too busy starting careers. If they achieve early success, they won’t even be worried about retirement. It’s been my experience that it’s after age 50 they come through my door. By that time they’re done with stock tips and chasing rainbows. Age 50 has a way of making all of us start thinking.