With all of the day-to-day demands on your finances, sometimes it is difficult to have a strong grasp on what your overall financial picture really looks like. While many people may be very in tune with one segment of their financial life, you may be inadvertently neglecting other parts. One ofte...
There has been a lot of chatter recently by economists and news outlets using the word “recession”. Understanding that it could happen and understanding how to handle it are different matters. If you are one of those nearing retirement or in retirement that has no strategy, you may be right to...
You've put your time in and the day you've been waiting for has finally come. It's time to retire! You're done working 40+ hours a week and ready to enjoy the money you've been saving for years. Slow down for a minute, though. It can be tempting after working for so many years to start checking o...
When couples get married the finances are typically left to one person. It is rare for both parties in a marriage to handle the finances together. In some cases, it is the wife that is leaving the husband to handle all financial issues. This may be common in some relationships, but it is not exac...
Raising children is something often done by parents in the prime of their life, typically between the ages of 20 and 50. By the time retirement comes around, most of the children are off on their own, leaving the parents to finally take a well-deserved rest. Aside from occasional contact with the...
Looking back at the past few weeks, the market has made some investors nervous. Market volatility can lead to some serious stress but what are the best ways to respond to this uneasy feeling? When dealing with market volatility, it's important to keep several things in mind to avoid making majo...
This topic is not comfortable for everyone to talk about but planning now can make a world of difference later. More than a third of long-term care residents are younger than 65 years of age. This statistic reminds us that we should prepare for the future, and the earlier you start preparing, t...
Retirement is a dream for most Americans. Sure, there are people like Warren Buffett who love to work. Most people do not. If you're one of those people who want to retire, the question arises of when a good time to retire might be. Some people will be fine retiring next week while some should wa...
If you are approaching the age of 65 or already an eligible beneficiary, open enrollment for 2020 Medicare health benefits starts soon. For new enrollees over 65 or turning 65 and don't have medicare, you can sign up from October 15th to December 7th of this year. Existing enrollees will receive ...
September is Life Insurance Awareness Month which gives us a reason to talk about a subject that some try to avoid. Life insurance can conjure up dark images. Many people are jarred into realizing the importance of buying life insurance after a close friend or family member has passed away or e...
I recently read that a lawsuit is filed every 13 minutes of every working day in California and this disease is proliferating throughout the country. In addition, the toxic substance and mold litigation is on a rise with multi-million dollar verdicts against the landowners. Over 80 million lawsui...
A few years ago after reviewing some portfolios for clients that tried their hand in stock market trading it was obvious to me that they were gambling as if they were at the roulette table in Vegas. As someone who has worked for a billionaire and observed the asset class relative to stock, the in...
I wrote an article a few years ago that was published in the OC Metro in Orange County, California called “Uncle Sam's Snake Oil.” This article was designed to wake up all the sheeple (that is a half person half sheep) that is just following along and believing that what you've been told to be tr...