The Importance of Naming Beneficiaries

A major issue in estate planning is whom to name as beneficiaries on life insurance policies, pension plan accounts, IRAs, and annuities. This important decision often doesn’t consider the substantial estate and income tax consequences the beneficiary may incur. So, before you name a beneficiary, you may wish to gain a basic understanding of beneficiary… Read More

Retirement Planning is not the same as playing a video game. Because, you can’t hit the reset button.

Growing up, I loved playing video games. One of my favorite games was the Galaga, developed and published by Namco. The game puts the player in control of a 2-dimensional spacecraft which is situated at the bottom of the screen fighting off the enemy aliens arriving in formation at the beginning of each level. Every… Read More

Woman in Transition: Facing Change in Divorce

Through my years assisting individuals with their finances, I have repeatedly faced the need to help women going through financial transition. There are many life experiences leading to these transitions. Divorce can be a very tumultuous time for someone; finances are only a part of the tremendous life changing ramifications. Dividing finances takes preparation. Seek… Read More

Life Changes On A Dime

Frequently in the financial industry, representatives will use the word transition to describe a client’s current life situation. However, what is a financial transition? What are life situations which we should be extra attentive to our financial well- being? A financial transition is any time a life occurrence will change the overall finances of the… Read More

Retirement Plan for Over 50: How to Catch Up on Retirement Saving

By Bill Gordon, AIF® Are you worried that you may not have enough saved for retirement? If you’re 50 or older and don’t have as much as you would like in your retirement nest egg, you’re not alone. One study from Ohio State and the University of Alabama found that 27% of 55- to 60-year-olds in… Read More