Health is often one of the top concerns for those nearing or in retirement—not just because it affects their independence and lifestyle, but staying healthy can also come with significant and unpredictable expenses, even for individuals who have been saving diligently for the expected high cost of health insurance for retirees. A 65-year-old couple could […]

Have you heard this phrase before? It is an interesting one often used when simulations are run with hundreds of possible scenarios, using varying market returns, inflation levels, health costs, extended family financial needs, income levels, employment assurance, and the like, in order to see what the range of potential outcome is for your specific

There is no one “ideal retirement.” But there are many ways to have a happy retirement if you have reflected on the choices you have, and what you are willing to leave to chance. The way you answer the following questions may help you decide what may need more thought before you begin your retirement:

We frequently write about longevity and how important it is to have savings we don’t outlive. And while we’ve always striven to give our clients options for products where the income stream continues no matter how long you live, we are still often asked for a ‘number’ so that can be ascribed to someone’s projected

The role of grandparents has long been to comfort, support, and of course, spoil their grandchildren. But in a time of rising costs, particularly for education and housing, many grandparents are finding new ways to help—whether through direct financial aid or passing on their hard-earned lessons of financial literacy. While the role grandparents play hasn’t

Working after retirement brings with it the need to understand certain tax and contribution rules governing the way you can use and/or continue to contribute to the money in your qualified retirement savings accounts. Looking first at continued contributions, in most cases, you should be able to, regardless of your age. There are no income

There is nothing generally inherent in any given year that says it’s a bad or good time to retire. The question that needs to be answered is whether you’re ready financially and emotionally. So, how do you determine if you are ready? Begin by asking yourself if you have estimated your stream of lifetime retirement

We often think that emotions only impact inter-personal decisions, however making consequential financial decisions in a heightened emotional state also generally isn’t a good idea.  Behavioral psychologists have identified a few common biases that can undermine our decision-making skills. While some are rooted in emotion, others are what we think of as mental shortcuts our

At the heart of most financial scams are people pretending to be someone they are not – and imposters can be very convincing both in the way they approach you, and in what they say. We are reminded not to trust at face value that an email that arrives in your inbox bearing the name