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…

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…

What does a solid retirement plan look like?

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

Whether your retirement is decades away or right around the corner, it’s important to be prepared for all this transition will entail. A good retirement plan should have a solid strategy and leave room for flexibility. It should also be regularly reviewed in order to address potential snags.

Want to make sure you’re in a…