Month: November 2016

Warning! Many Seniors May Run Out of Money in Retirement

Red Alert! The Decade of Portfolio Contraction Has Begun The four horsemen of the financial apocalypse are already on their way. Each one a danger in themselves, but combined they are Economic Armageddon. Portfolio contraction will be caused by four factors: excessive withdrawals, the sequence of market returns, bad investor behavior and extended longevity. Watch the interview with economist, best selling author, registered investment adviser and Masters of Science in financial services Dan Casey. Excessive Withdrawals – The old 4% rule of thumb isn’t a wise reference point for income any longer when you consider that a retirement portfolio’s...

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The Quality of Life in Late Retirement Depends on Eldercare

The Age of the Uber-Aged is Upon Us Where Eldercare Will Be a Fact of Everyday Life The baby boomers have spoken. They don’t want to live in a nursing home. So they’re going to have to change their diet and exercise routine to prepare for a life worth living past age 95. To compliment the Gray Wave, the assisted home living industry is going to evolve in high tech, high touch and some old fashion medical house calls. Watch the interview with economist, best selling author, registered investment adviser and Masters of Science in financial services Dan Casey....

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Lost Opportunities Can Make a Lifestyle Difference in Retirement

What You Don’t Know About Money Is Costing You Retirement Happiness While some seniors can use a basic retirement strategy, most retirement planning is not comprehensive, nor is it correlated for optimum performance for retirement enjoyment. But there are omissions that can make the difference between a penny-pinching existence and a retirement lifestyle worth living. Watch the interview with economist, best-selling author and Registered Investment Advisor who holds a Master of Science in financial services, Dan Casey. Omissions in retirement planning are bad enough, but some of them are “layups.” Here are four slam dunks worth mentioning: Lifetime IRA...

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Rescuing Retirement for Boomers Who Are Broke

Restoring Retirement Dreams from the Nightmares of 2008 Two catastrophic events have severely damaged the finances of many baby boomers: The Housing Crisis and The Market Meltdown. Add to these events, the unforeseen expenses of talking care of their parents and the college tuition of their children. Most boomers retirement plans are woefully underfunded and some even have a mortgage in the sixties. But now there maybe hope. Watch the interview with economist, best selling author, registered investment adviser and Masters of Science in financial services Dan Casey. There’s a program for seniors age 62 and older under the...

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The Hidden Tax Disproportionately Hurts Women Financially

Taxes Can Sink the Retirement Dreamboat of Many a Widow It is estimated 7 out of 8 husbands precede their wives in death. The financial consequences for the surviving spouse can be devastating and difficult to recover from. Few financial advisors, much less retirement experts, actually have strategies set in place to defend mom when she needs it most. Watch the interview with economist, best-selling author and Registered Investment Advisor who holds a Master of Science in financial services, Dan Casey. A married couple uses two exemptions worth $8,100. The standard deduction for married couples is $12,600. So that’s...

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