Are your beneficiaries up to date?

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

Naming primary and secondary beneficiaries for life insurance policies, annuities and retirement accounts is one of the easiest and most effective estate planning moves you can make. Here’s why it’s important to make changes as needed to keep these details current.

Marriage, Divorce, Kids and More

Checking your beneficiaries on a regular basis (even annually is enough) can help…

Fundamentals are your most advanced investing techniques

From: www.independenceadvisors.com

I recently had the opportunity to spend time on Spruce Creek with fly fishing legend Joe Humphreys. At 89 years old, Joe has the same energy and enthusiasm about teaching fly fishing techniques that he had when I first met him more than 30 years ago.

Joe’s sense of humor, combined with the pearls of wisdom blended into his lessons, are always valuable…

How to keep your financial data safe

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

Hackers, identity thieves and cybercriminals are continuously coming up with new ways to compromise sensitive financial information, so it’s important to make a regular practice of protecting your online data. Here are a few ways to help keep your digital details safe and secure.

Pick a financial aggregation tool.

It’s a good idea to use different passwords for…

Key to Financial Success: Avoiding Stupidity

From: www.independenceadvisors.com

One of my heroes is Charlie Munger, Vice Chairman of Berkshire Hathaway.  While I admire his successful career, I’m more impressed with how he thinks about the world. 

There are so many pearls of wisdom in each speech he gives or books written about him that it’s hard to choose a favorite.  However, the one statement I…

7 Myths About LTC | Set the record straight, Seven common myths about LTC

With this information, you’ll be in a better position to help protect yourself, your family and your future.

Myth: “A government program will take care of me.”

Fact: Government programs are difficult to qualify for and have very specific requirements for LTC services. A number of public programs — including Medicare, Medicaid and veterans’ services — may help pay for some LTC services…

Don’t Delay: The Potential Benefits of Starting to Save Now

From: skodaminotti.com

For long-term investment goals such as retirement, time can be one of your biggest advantages. That’s because time allows your investment dollars to do some of the hard work for you through a mathematical principle known as compounding.

The snowball effect

The premise behind compounding is fairly simple. You invest to earn money, and if those returns are then reinvested, that money…

How to talk about finances early in a relationship

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

New couples have plenty of fun things to talk about, but what about the tricky-but-necessary topic of finances? Instead of avoiding the conversation, it’s better to tackle money issues early on in order to avoid problems later. Here’s how to discuss finances in a constructive way.

Values and Emotions
Understanding your new partner’s history…