Retirement: Where Does All the Money Come From?

(3 Minute Read) Seniors gearing up for retirement have a difficult task ahead of them: planning out an entire retirement’s worth of finances. Many don’t fully realize where all of their retirement funds come from to begin with.

How to Give to Parents Without Risking Your Own Future

(3 Minute Read) The desire and obligation to care for our aging parents is cross-generational in the United States. Ameritrade found in a 2015 study that 25% of the Boomer generation and 20% of both Millennials and Gen X-ers are

What is the Social Security Trust Fund and What Will Happen When It Runs Out?

(4 Minute Read) Seniors have relied on Social Security benefits to get them through their retirement years for decades. Whether retirees left work with a hefty savings account or not, Social Security always padded those funds and filled a very

4 Expenses Retirees Forget to Plan For

(2 Minute Read) It’s not a secret that common costs of retirement include housing, bills, and medical expenses, but there are some things about retirement that not everyone plans for. Many retirees overlook, or they underestimate the amount they need

3 Common Ways Seniors Might Be Wasting Money

(3 Minute Read) As we get older, we continually work to get a firm grasp on our finances. This is especially true for seniors nearing retirement. If you haven’t already done so, it’s a good practice to review all of

3 Ways Seniors Can Avoid Working Until They Die

(3 Minute Read) The idea of having to work until a debilitating illness, or even death, forces you to stop is becoming increasingly more realistic for aging Americans. Out of 1,000 people surveyed by Wells Fargo in 2013, 37% believed

Should You Retire Due to Illness

(2 Minute Read) Illnesses and health conditions are the reasons many seniors take early retirement. Whether they are physical, like MS, or mentally crippling conditions like depression or Alzheimer’s, illnesses that manifest during early or middle old age can have

How to Talk with Clients About Life Settlements

(3 Minute Read) Many seniors simply aren’t aware that they have an option to supplement their retirement funds through a life settlement. Some advisors aren’t even aware of this option. Those advisors who do know about life settlements are often

The Two Biggest Retirement Costs

(2 Minute Read) The U.S. Department of Labor estimates that a retiree that makes a salary of $50,000 before taxes should expect to need between $35,000 and $45,000 every year in retirement to maintain the same lifestyle. What many seniors

Surprising Costs of In-Home Care

(3 Minute Read) Medical attention is often a necessary part of senior living, so necessary that it has to be part of a senior’s everyday life. Retirement communities, assisted living facilities, and nursing homes are the first options many seniors