financial planner plymouth ma

A Retirement Gender Gap

A Retirement Gender Gap Why a middle-class woman may end up less ready to retire than a middle-class man.  What is the retirement outlook for the average fifty-something working woman? As a generalization, less sunny than that of a man in her age group. Most middle-class retirees get their income from three sources. An influential 2016 National Institute on Retirement Security study called them the “three-legged stool” of retirement. Social Security provides some of that income, retirement account distributions some [...]

By |2018-06-01T11:26:45-04:00May 3rd, 2018|Retirement, Savings and Investing|Comments Off on A Retirement Gender Gap

Retirement Plans for Individuals & Business

Retirement Plans for Individuals & Businesses A look at some of the choices.  Households are saving too little for the future. According to one new analysis, 41% of Gen Xers and 42% of baby boomers have yet to begin saving for retirement. In a recent financial industry survey, 35% of small business owners said they were planning to use the sale proceeds from their company for a retirement fund, an idea which comes with a flashing question mark.1,2 Do you [...]

By |2018-04-16T09:27:10-04:00April 5th, 2018|Personal Finance, Retirement, Savings and Investing|Comments Off on Retirement Plans for Individuals & Business

Tax Reform 2018

How the Tax Reforms Will Take Effect Some of the impact of the Tax Cuts & Jobs Act will be felt later than January 1.   President Donald Trump signed the Tax Cuts & Jobs Act into law on December 22, and on January 1, some key details of the Internal Revenue Code will abruptly change.1 There will be night-and-day change, both figuratively and literally. On January 1, the federal estate tax exemption will double; the standard federal income tax [...]

By |2018-03-20T13:02:39-04:00March 20th, 2018|Business/Economic News, Income Taxes, Personal Finance|Comments Off on Tax Reform 2018

Now 64? Prepare to Sign Up for Medicare

Now 64? Prepare to Sign Up for Medicare. This is the time to arrange lifelong health coverage.  Age 64 is the age when you are reminded that you are a baby boomer growing older. Regardless of how young or old you feel at 64, you should make sure to sign up for Medicare. The sign-up period will be here before you know it. In fact, you might already be within it, so act quickly if you are. Medicare gives you [...]

By |2018-03-12T13:25:40-04:00March 6th, 2018|Health Insurance, Personal Finance|Comments Off on Now 64? Prepare to Sign Up for Medicare

Everyone is Talking About Bitcoin

Everyone Is Talking About Bitcoin But when will the cryptocurrency bubble burst? Investors are excited about bitcoin – perhaps too excited. Their fervor is easy to understand. On December 18, bitcoin closed at $17,566. Back on September 22, bitcoin was valued at only $3,603.1 Yes, you read that correctly – the price of bitcoin jumped nearly 500% in three months. Thanks to this phenomenon, investors everywhere are asking if they should buy bitcoin or invest portions of their retirement funds [...]

By |2018-02-26T10:29:27-05:00February 15th, 2018|Business/Economic News|Comments Off on Everyone is Talking About Bitcoin
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