Blog Entries

COBRA Coverage: Health Care During Transitional Periods

What is COBRA? The term “COBRA” is commonly used to refer to certain provisions of Title X of the Consolidated Omnibus Budget Reconciliation Act of 1986. This law provides an opportunity for employees and their dependents who have been covered by an employer-sponsored health insurance plan to continue coverage under circumstances where such coverage might …

COBRA Coverage: Health Care During Transitional Periods Read More »

Health Is the New Wealth: HNW Individuals, LTC Insurance and Healthcare

to their increased investments in wellness and health-driven enterprises. There is a more significant focus on preventative healthcare, encompassing everything from regular health check-ups to personalized exercise and diet regimes, reflecting that prevention may be better than cure. In conclusion, HNW individuals must rethink their wealth management strategies, including adding LTC insurance and personalized healthcare …

Health Is the New Wealth: HNW Individuals, LTC Insurance and Healthcare Read More »

Key Financial Wellness Metrics for Near Retirement Individuals

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. Income Replacement Ratio One of the primary financial wellness metrics is …

Key Financial Wellness Metrics for Near Retirement Individuals Read More »

Understand the Stages of Change to Make Your Resolutions Stick

If you have trouble keeping your New Year’s resolutions, you may benefit from taking a more scientific approach. In the late 1970s, researchers studying the experiences of smokers to learn why some were able to quit on their own and others needed further treatment found that people move through varying degrees of readiness when changing …

Understand the Stages of Change to Make Your Resolutions Stick Read More »

Your New Year’s (Financial) Resolutions

Cleaning up personal finances remains one of the top resolutions every New Year. But we all know what happens to most such self-promises, so here’s a month-by-month to-do list to help cultivate better financial health. January: Organize paperwork. This obvious starting point eludes many. Are your financial documents organized, in paper or virtually, so information …

Your New Year’s (Financial) Resolutions Read More »

A Beginner’s Guide to Tax-Smart Retirement Withdrawal Strategies

For many, retirement is the phase of life to kick back, relax, and enjoy the fruits of years of working and saving. However, financial decisions before and during retirement can significantly influence our quality of life and tax liability. Therefore, employing tax-smart retirement withdrawal strategies may help you maximize your retirement nest egg. Here are …

A Beginner’s Guide to Tax-Smart Retirement Withdrawal Strategies Read More »

Tips for Talking to Your Kids About Your Finances

Many parents may find it uncomfortable, or even believe it is unnecessary, to inform their children about personal finance matters. Yet, communicating openly with your family members can help to reassure them about your financial and health care wishes. This may also ease the decision-making process for your family in many important areas. As time …

Tips for Talking to Your Kids About Your Finances Read More »