Retirement

The Medicare scammers are at it again. They steal Medicare numbers, and send tests to beneficiaries’ homes. They then bill the recipient for things the recipient never ordered. For those with aging parents, this scheme can work well, as some won’t remember if they ordered a test after Medicare stopped paying for these on May

Share to Facebook Share to Twitter Share to Linkedin In creating a bond portfolio, an investor normally aims to obtain high income, to preserve principal and possibly to earn an attractive total return (the sum of income, reinvestment income and price change). Achieving these objectives requires careful attention to risk and taxation. The following discussion

Share to Facebook Share to Twitter Share to Linkedin What Are Index Funds? Index funds are a type of mutual fund or exchange-traded fund (ETF) that aims to replicate the performance of a specific market index such as the S&P 500. Unlike actively managed funds, where fund managers make individual security selections to try and

The IRS recently issued some short-term guidance on required minimum distributions for IRAs, especially inherited IRAs. The IRS isn’t ready to issue final regulations on the changes made to RMDs by the SECURE Act and other recent legislation. It issued proposed regulations on inherited IRAs in the spring of 2022 and still is considering the

Another summer, another stark reminder of the reality of climate change. Wildfires on Maui caused widespread destruction and the highest death toll in more than 140 years. The southern US buckled under a brutal and historic heat wave. Flash floods inundated Vermont and other northern states. And, hurricane season has only begun, potentially fueled by

Share to Facebook Share to Twitter Share to Linkedin What Are Index Funds? Index funds are a type of mutual fund or exchange-traded fund (ETF) that aims to replicate the performance of a specific market index such as the S&P 500. Unlike actively managed funds, where fund managers make individual security selections to try and

You might think that the aging of the Baby Boom generation, with the Gen Xers following close behind, would make geriatric medicine a popular specialty. Almost as attractive, perhaps, as orthopedic surgery. But you’d be very, very wrong. In 2000, there were only about 10,000 board-certified geriatricians to care for 35 million Americans age 65

Share to Facebook Share to Twitter Share to Linkedin Fabless chipmaker Nvidia (NVDA) will report results for its second quarter of fiscal year 2024 on August 23. This is an earnings release Wall Street is watching closely. Read on for the specifics on what metrics to watch, how to access the release and what numbers

As changes are inevitable within the Social Security system – many benefits remain constant One constant in Social Security benefit planning is everyone’s situation is different. Most couples’ lifetime income stream from Social Security retirement benefits is approximately $1,500,000. This is why when planning your claiming strategy, you need to consider your joint life expectancies.

Age 72? Age 73? Required minimum distributions from IRAs and other tax-deferred retirement accounts are mandated for people of a certain age. What age? Lawmakers keep moving the goal posts. Two sets of laws come into play. The law that went into effect at the end 0f 2022 is SECURE Act 2.0. The act was

A new Government Accountability Office (GAO) report, Older Workers: Retirement Account Disparities Have Increased by Income and Persisted by Race Over Time, is quite unsettling. The analysis finds that many Americans are losing ground when it comes to building retirement savings, despite policy efforts to improve workers’ savings. For households aged 51 to 64, GAO

Lots of people live together outside of marriage. And as marriage rates have declined, cohabitation rates have risen. While you might have love in your eyes, cohabitation can bring tax and legal risks. Perhaps a somewhat unusual, yet simple and inexpensive, application of an irrevocable trust might help address several of the issues you might

A friend of mine recently faced an impossible decision. Bo and his immediate family had moved from Germany to Charleston, South Carolina, for a job opportunity for his wife. He suspended his career as a German police officer to allow his wife’s pursuit and assume the stay-at-home dad role during the transition. Only now, he’d

“Why on earth would you want to live to age 100?” My wife and I often hear this puzzled response when we tell our friends and family that we’re planning our retirement to last until age 100. They often cite examples of older relatives and friends who were quite frail and ill in their later

The citizenship-by-investment industry is in crisis. CBI has become a core part of the revenue model of several Caribbean island nations—and some other countries—over the last 40 years. The model is fairly simple. In exchange for their investment funds—typically $100,000 and up—the investor is granted citizenship in the country, with the right to live there

In the U.S., due to continued limitations on research into the potential benefits of cannabis, we have little data on whether it can help with Alzheimer’s disease and other dementias. But in Israel, such limitations do not exist. In January, 2022, the Ministry of Health approved the use of cannabis to treat dementia and Alzheimer’s

There’s a good chance that you—or your spouse or partner—could live to age 100 if you take care of your health and have above-average income and educational attainment. Don’t believe it? You can see for yourself by estimating your life expectancy via a few online life expectancy calculators. But will you be able to pay

The FDA has approved various medications in hopes of providing anything that can truly change the course of Alzheimer’s disease. But medications have failed to do so. No medication so far stops the disease nor cures it. One consistent finding in all the research studies that precede FDA approval of any drug to treat Alzheimer’s

Who doesn’t love the sound of an early retirement? For many busy executives and business owners, slowing down and enjoying your financial success early in life becomes a primary goal. But before focusing solely on whether you can retire early financially, also consider what you plan to do after retiring early. Spoiler alert: the knee-jerk

Introduction Who you name as beneficiary is obviously fundamental to carrying out your dispositive wishes. How your legal documents (will, revocable trusts, irrevocable trusts, beneficiary designations) use words like “child,” “descendant,” and “issue,” is critical to assure that the people you want included are included, and those you may not wish included are not. How