Retirement Watch Weekly
Surprising Fact About Wills You Must Know
There’s a lot more to know about wills than many people realize. The additional knowledge can result in a better estate plan and make it easier to talk with your estate planner. Let’s first review some basic terms and concepts. A will is a written statement of your instructions and intentions regarding your estate. The […]
All the Ways You Can Avoid Probate (Part 2)
In our last edition of Retirement Watch Weekly, I shared some estate planning tips on how to avoid probate. Let’s look at some more ways today… A transfer on death provision (TOD) is another approach to avoid probate. Most financial institutions now have transfer on death provisions in their new account applications and allow the […]
Bob’s Journal for 3/3/22
Act Before March 25 to Lock in The Best Long-Term Care Insurance Benefits The cost of the best long-term care insurance (LTCI) plan around is scheduled to increase, but you can beat the price increase. My friend and top insurance expert, David Phillips, recentl5y alerted me to the scheduled price increase. But my readers who […]
All the Ways To Legally Avoid Probate: Estate Planning Pro Tip
Avoiding probate is often a major estate planning goal, but most people don’t learn all the strategies available. In probate, a deceased person’s estate is administered and distributed according to state and local law. The process ensures debts are paid and legal title to assets passes as the decedent wanted, or according to state law […]
Bob’s Journal for 2/24/22
Where to Find Income and Safety Today Bonds don’t belong in most portfolios right now. We discussed that in detail in our latest teleforum exclusively for Retirement Watch and Spotlight Series members. Click the link for a replay. Bonds aren’t providing income today. Despite the recent increases, interest rates still are historically low. What’s worse, […]
How To Maximize Charitable Gifts in your Retirement Plan
Too many people, even financial advisors, wrongly believe charitable gifts are something to consider only near the end of the year. The benefits of charitable gifts often are maximized when you think about gifts early in the year and throughout the year. Also, consider benefits other than tax deductions, and integrate charitable giving with the […]
Bob’s Journal for 2/17/22
Some Notable Events That Grabbed My Attention This Week How does a portfolio earn decent income and have the benefits of diversification when inflation and interest rates are rising and bond values are falling? How can you protect retirement income from falling stock prices? We provided the answers in last week’s members-only teleforum with my […]
The ‘Retirement Spending Myth’ Debunked
Years ago, I took issue with the widespread belief that people could assume they would spend less in retirement than during their working years. Research continues to support my view. The foundation of retirement planning was that once retired, a person would spend 80% or less of pre-retirement income because certain expenditures would be eliminated, […]
