Tag: Retirement Planning

Old 401(k), New Tricks: 6 Tips for Rolling Over Your 401(k)

Posted on March 22, 2024 by Rick Fisher Jr.

The average American worker will change jobs more than once in their lifetime. While there are multiple options such as leaving your 401(k) in your former plan if allowed, cashing out the account balance, or transferring the 401(k), many decide to roll over their old 401(k) to their new employer’s plan or other investment vehicles such as an IRA, Roth IRA, or an annuity. Here, we provide tips to help the rollover process go quickly and smoothly for you. […]

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The Role of AI in Investing and Financial Planning

Posted on March 15, 2024 by Rick Fisher Jr.

The integration of tech can amplify the capabilities of financial professionals

As investors navigate the dynamic landscape of the financial markets, they find themselves at the intersection of cutting-edge technology and traditional expertise. The advent of Artificial Intelligence (AI) and data-driven solutions has undoubtedly revolutionized the financial advisory space.

However, as industry research suggests, the next generation of investors places immense value not only on the personalized and immediate benefits AI brings but also on the human touch provided by financial professionals. […]

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Get Your Healthcare Affairs in Order as You Approach Retirement

Posted on February 9, 2024 by Rick Fisher Jr.

Healthcare is one of the more difficult areas to navigate as you get closer to retirement. With so much focus on saving enough for retirement and ensuring that your investments will keep up with inflation, many people fail to square away their healthcare affairs before retirement age. However, if you want a greater chance of enjoying your retirement, getting your healthcare priorities in order sooner rather than later is critical. […]

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Key Financial Wellness Metrics for Near-Retirement Individuals

Posted on January 25, 2024 by Rick Fisher Jr.

As one approaches retirement, monitoring your financial situation by understanding your net worth and assessing the assets and resources needed to maintain a comfortable lifestyle throughout retirement is vital. This article explores eight key financial wellness metrics individuals must monitor as they approach retirement. […]

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Financial Resolutions for Individuals Nearing Retirement

Posted on January 9, 2024 by Rick Fisher Jr.

Getting close to retirement is exciting, but it often brings a little worry about your financial future. The closer you get, the more you may be concerned with the rising living costs and if your finances are on track to allow you to live as planned when retirement comes. Whether your retirement is within the next couple of years or the next five, the new year is the perfect time to make financial resolutions to help you toward your retirement goals. Below are just a few financial resolutions to consider this year. […]

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Caregiving:  A Decision That May Impact Your Retirement Savings

Posted on November 1, 2023 by Rick Fisher Jr.

Many women have been a caregiver while raising children. Still, now many are caring for a loved one out of necessity as the older family member can no longer care for themselves. The Transamerica Center for Retirement Studies report, The Many Faces of Caregivers, indicates that 42% of Generation Xers and 42% of Baby Boomers […]

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Coordination of Long-Term Care with Government Benefits

Posted on November 1, 2023 by Rick Fisher Jr.

What does “coordination with government benefits” mean? In the context of long-term nursing home care, a number of governmental (and governmentally regulated) programs and tools exist to help you pay for this care. Medicare, Medicaid, Medigap, and long-term care insurance (LTCI) (combined with Medicare) can each assist you to pay for your long-term nursing-home care, […]

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Figuring Out a 401(k) Strategy That Works for You

Posted on September 7, 2023 by Rick Fisher Jr.

Everyone wants a comfortable retirement, but the road you take there will depend on your specific situation. When you invest, you assume a certain level of risk (but like everyone you’re hoping that your holdings will increase in value). One of the most challenging aspects of investing involves matching your tolerance for risk with your […]

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