Older adults have been a frequent target of fraudulent investment schemes. The FBI reports a 74% increase in losses suffered by older fraud victims since 2020. In 2021, more than …
Continue ReadingInvestment Scams Targeting Older People
Category: Financial Decisions
How to Avoid Will Challenges
Few things are uglier than the spectacle of children or other relatives arguing about an inheritance. The law respects the right of individuals to decide who should inherit their property. …
Continue ReadingWhat Sources of Income Are Available for Retirees?
Ideally, as workers gain experience in a job, their wages increase and their savings grow. When employers don’t offer pension or retirement benefits, workers can still take advantage of individual …
Continue ReadingCOVID-19 Fraud Targets Seniors
Scammers have a long history of preying on seniors. The social isolation that seniors are experiencing to avoid contracting COVID-19 has elevated the risk that they will be victimized by …
Continue ReadingCreator, Steward or Consumer?
You have heard the old adage “Rags to Riches to Rags”, or “Shirtsleeves to Shirtsleeves in three generations”. It is not just a dynamic of western culture; it is actually …
Continue ReadingFear and Vulnerability Work
Change provokes fear and vulnerability for both parents and caregivers alike. The year 2018 is marked by change from many directions. Some of the changes we are experiencing this year …
Continue ReadingWhat Investments to Include in Your Retirement Nest Egg?
These are the categories of investments appropriate for funding your retirement in the order of funding priority. 1) Two month’s worth of living expenses in a checking account. 2) Short-term …
Continue ReadingAre Your Financial Priorities Prudent?
Many loving parents and grandparents make the mistake of giving priority to paying for their children’s or grandchildren’s educations over the funding of their own retirement. At first blush that …
Continue ReadingTHE Financial Question
The question I am asked most by clients is, “Do I have enough money to last the rest of my life?” I tell them I need the answers to two …
Continue ReadingDoes a Charitable Gift Annuity Make Sense?
Maybe the phrase “the gift that keeps on giving” seems trite, but for some — in the right circumstances — it can fit charitable gift annuities. Whether a charitable gift …
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