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Choosing an investment portfolio that will help you work toward your financial goals can be a confusing and daunting task. There is an enormous amount of conflicting advice and information available at the touch of a keystroke or through a 30 second sound bite on the financial news.

Part 3 - Paying for Long term Care Costs

Since 2009 interest rates (as measured by the Federal Funds Rate) have been near zero, which is well below the historical average rate. As the economy has strengthened the Federal Reserve Bank has increased rates by ¼ %, and has indicated that it may begin to raise rates further.

It’s almost a given that we are now living longer lives. The typical 65-year-old today can expect to live well into his or her mid 80’s and a couple can expect to have at least one person live into their 90’s.[i] What this means is that a retired couple must prepare for a 30 plus year retirement so we must carefully plan to make our finances last for as long as we do.

Health Care Costs –

The Storm Cloud Hanging Over Your Retirement

Part 2  - Understanding Long Term Care Needs

Why do some households tread water financially while others make progress? Does it come down to habits. Sometimes the difference starts there. A household that prioritizes paying itself first may end up in much better financial shape in the long run than other households.

“The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least possible amount of hissing.”- J. B. Colbert

Part 1 – Understanding your health care costs in retirement

This is the first of a three-part series on planning for health care costs in retirement.

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There are many choices for repaying student loans. This checklist from the Financial Planning Association can help you weigh them.

Social Security is very often the cornerstone of a retirement income plan. It is an important benefit that provides inflation adjusted income that the client can't outlive. But, with a married couple, once one spouse dies, that income is going to drop resulting in a "pay cut" for the surviving spouse.