The Dark Side of Compound Interest

Compound interest is a true miracle or a true disaster; it all depends Ben is an elderly man living independently, subsiding on a below poverty income. Ben and his siblings have been continually active for years in our small town in Northern California. Ben helps at his church and helps his neighbors and community, always […]

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Should Federal Employees Take Advantage Of The FLTCIP?

Should Federal Employees Take Advantage Of The FLTCIP?

“Seven out of ten American adults over the age of 65 will need some form of long-term care during their lifetimes. If you’re a federal employee, you may want to look into the FLTCIP.” Joe Runza Many government pre-retirees don’t realize that, with rare exceptions, neither traditional health insurance nor Medicare provides LTC coverage. This […]

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Have You Planned For The Financial And Emotional Impact Of Caring For Your Parents?

Have You Planned For The Financial And Emotional Impact Of Caring For Your Parents?

“It can be wonderful to grow old with your parents. However, you’ll need strategic planning to ensure that caring for aging relatives doesn’t drain your emotional and financial resources.” -Jeff Kennedy. For the last 25 years, Barbara and her mother Delores had lived miles apart, seeing one another mostly on holidays or during vacations. While […]

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Successful Retirement Requires A Shift In Your Thinking

Successful Retirement Requires A Shift In Your Thinking

“The safety, security, and preservation of your assets is the primary focus of the distribution phase of retirement. If you lose the money you’ve saved, how can you possibly create income streams?”- Diane Marra One of the reasons I wrote my book, “Retirement Planning Made Easy,” is to help people wrap their heads around the […]

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Bank savings options

Bank savings options

Don’t Put Your Money Under the Mattress – There Are Other Options Insulating your money against inflation, theft or catastrophe is as simple as taking it out from underneath your mattress and opening a savings account. The three most common are transactional savings accounts, money market accounts, and certificates of deposit. Two alternative accounts are […]

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Does a deferred income annuity have a place in your retirement plan

Does a deferred income annuity have a place in your retirement plan

Does a deferred income annuity have a place in your retirement plan? If you’re looking for payments that begin on a future date and continue for the rest of your life, your spouse’s life, or for a specific period, you might consider a deferred income annuity (DIA). DIAs offer several distinct advantages over other kinds […]

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Why Patience May Pay Off For Federal Employees Under The FERS Program

Why Patience May Pay Off For Federal Employees Under The FERS Program

If you are a federal employee under the Federal Employees Retirement System (FERS), then you have many crucial decisions to make when the time comes to retire. The decision of when to take Social Security, for which FERS employees qualify and pay, is probably one of the most challenging retirement decisions you’ll make. If you’re […]

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What Happens To Your Social Security When You Die? By lylegva|October 29th, 2021|Social Security   What happens to your Social Security when you die? “Those planning their retirements should consider what, if any, Social Security benefits could be available if you are the spouse, child, or parent of a worker who dies.”  Many people planning for […]

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What Happens To Your Social Security When You Die?

What Happens To Your Social Security When You Die?

What happens to your Social Security when you die? “Those planning their retirements should consider what, if any, Social Security benefits could be available if you are the spouse, child, or parent of a worker who dies.”   Many people planning for when they no longer work forget to include potential Social Security […]

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