Entrepreneurs looking to grow their business and save for retirement need a creative strategy to balance debt and savings. Adviser Mark Bordelove describes one client's journey through this balancing act.
The economic future of caregivers who support family members has been indelibly impacted. Here are financial planning solutions and products that can help overcome and manage the challenges.
When it's time to downsize, it's more than just packing - it's about family history and current family dynamics. Adviser Marcia Mantell shares insights from her interview with an expert.
Shaping the risk/return profile of your assets to match the timing and nature of your budgeted cashflows is critical. Adviser Keith Whitcomb explains how special ETFs bring desirable risk management properties.
When urgent health care situations arise you may not have someone available to help you navigate the process. Help yourself and your healthcare providers by preparing a "Grab & Go" kit.
Making goals is easy. Achieving those goals is much harder. Adviser Kurt Wunderlich outlines four steps to setting yourself up for financial success.
The IRS recently released IRS Publication 590-B, which explains how the SECURE Act rules would work for post-death distributions to IRA beneficiaries. And the rules are not what anyone thought they would be, Bill Harris, CFP, RMA, the co-founder of WH Cornerstone Investments, said in this Retirement Daily video.
In this part two of a two-part series on retirement income planning, adviser Phil Lubinski offers a new way of planning for and managing income in retirement.
The three-legged stool that once served as a model for retirement income security—pensions, Social Security and personal savings—is wobbly at best and near collapse at worst, according to The Alliance for Lifetime Income.
Retirees fear that healthcare expenses will eat up a significant portion of their nest egg, but for many these are only a small piece of their spending and more predictable than they thought.
Will assets last through retirement? How could funds be deployed in retirement? Adviser Stephanie Richman outlines how Monte Carlo simulation and professional advice can help answer these questions.
A family meeting can provide an emotionally enriching experience for you and your family, while also covering the nuts and bolts of your estate plan.
Dana Anspach, the president and founder of Sensible Money, explains that Monte Carlo is a form of "stress-testing" your future financial wealth against various market conditions.
Retirement should be the best time of your life, the payoff for all your hard work over the years. But a successful retirement doesn’t just happen because you have a lot of money.
Knowing how much retirement will cost is what helps us determine how much to save every year.
The working years may be over, but retirement can be a time of stress not a time of bliss when partners have completely different ideas of what that next phase in their life will look like. Adviser Michelle Petrowski Buonincontri provides tips on how to prepare for this life changing event.
In this part one of a two-part series on retirement income planning, adviser Phil Lubinski outlines the challenges facing retirees today. Part 2 will delve into the solutions.
Continuing Care Retirement Communities allow seniors to "age in place" at a single facility while their health needs change over time. How can you find the right one for you?