Financially Speaking Blog
Asset Protection: Make Sure Your Umbrella Is Big Enough
People make mistakes, no one is perfect, and bad things happen to good people. These plain and simple truisms relate to many of the liability risks involved in everyday life.…
A Financial Wellness Plan Can Help Pave the Road to Retirement
If we’ve learned any lesson over the past year, it’s that no matter how carefully we plan and prepare, we’ll likely encounter unexpected hurdles. While a global pandemic has certainly…
A Backup Plan for Your Paycheck
Leading Causes of Long-Term Disability Claims 28.9% – Musculoskletal disorders 15.2% – Cancer 11.5% – Fractures, sprains, and strains of muscles and ligaments 8.6% – Circulatory disorders 8.3% – Mental…
Pension or Lump Sum: Which Should You Choose?
About half of pension plan participants can choose to take their money in a lump sum when they retire.2 In addition, companies may offer pension buyouts to vested former employees…
Retirement Advice for Those Nowhere Near Retirement
It’s valuable to share insights and information with everyone who is on their journey to retirement – but it can be easy to focus more on those who are closer…
Gift vs. Inheritance: Consider the Tax Difference
Thus, the basis can be an important factor when deciding whether you should gift assets now or transfer them to heirs at your death. Capital Gains Taxes Capital gains and…