February 1, 2011
By Jon T. Meyer, CFP®
I have an advantage in my position as a financial advisor. I get to watch the behavior of many people who, from the outside, look similar. I can think of many clients who are 55 to 65, making similar income, with similar assets and a similar ... Read more February 1, 2011
As I deliberated on the topic for this article, I briefly toyed with the idea of providing timely tips for eliminating drafts from the rooms of your house. I’ve opted instead for another dangerous leap into the realm of real estate punditry.
Last year saw the end of price free-fall in ... Read more January 5, 2011
There are a few surprises for 2011 that will impact people’s retirement and estate planning more than they might imagine. Many are tax related but I will start with one that is not, yet it will force everyone to make the right choice on the first go-around.
In early December Social ... Read more November 30, 2010
According to the Bureau of Economic Analysis, the personal savings rate in the United States as of October 31st was almost 6%. Prior to the market meltdown in 2008, getting over 1% was seen as a success. What is interesting about the savings rate is what it means for consumerism ... Read more November 4, 2010
I often ask women: “Are you someone’s long-term care plan?” When someone in the family can no longer care for him or herself, it’s often the daughter, sister, aunt, niece, etc. who assumes caregiving responsibilities, without a lot of family discussion in advance.
Research shows that 70 percent of primary ... Read more November 4, 2010
We recently wrote about working with a couple where the husband was going to wait until age 70 to take Social Security retirement benefits and utilize the ‘Claim Now, Claim More Later’ strategy where at his Full Retirement Age (FRA) of 66 he will claim Social Security spousal benefits (50% ... Read more November 4, 2010
Every year at this time we get busy looking at year-end tax planning since December 31st is usually too late to make a difference on tax returns. This year we have a slightly different perspective since tax rates may or may not change by next year (unless Congress acts, some ... Read more