Blunder # 8 – Being Too Conservative with Your Investments

Conservative investments can backfire in the long haul. Believe it or not, one element of a sound retirement plan is to continue investing in the stock market. Many do not realize that even retired investors need growth investments in their portfolios. Only by keeping the recommended level of equities in […]

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Blunder # 7 – Failing to Understand Impact of Inflation

Unless you’re a balloon salesman, inflation means trouble. I hate to break it to you but I have to add another ache and pain to aging – inflation. Based on projected increases in the Consumer Price Index, experts in Washington predict that inflation will adversely affect people 62 years and […]

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Blunder # 6 – Filing for Social Security Too Early

There is more to Social Security strategy than most people are aware of. Did you know if you begin taking social security benefits at age 62, your benefits will be about 25% less than if you had waited until you reach Full Retirement Age which is 66 or 67 depending […]

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Financial Blunder #4 Supporting Your Adult Children

Here’s a basic fact that indulgent parents may not like: Supporting Your Adult Children Can Wreck Havoc on Your Retirement. Here’s why – by funneling your hard-earned retirement resources into paying your kids’ bills and living expenses, you could wind up with no money left for you or your spouse.  […]

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Financial Blunder #3 Credit Card Debt

You have just retired and want to explore all the wonderful things you have put off during your working years – traveling, home remodeling or buying a sporty new car. But there is just one problem – when you closed your office door, your credit card debt stayed open – […]

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Financial Blunders that Greatly Reduce Retirement Income

Seemingly small decisions can have a large impact on your future retirement security.  You don’t get a second chance.  You can’t turn back the hands of time and start over again to prepare for a prosperous retirement. So it is critical to make the right decisions along the way.  Avoid […]

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Playing Catch-up Pays Off

Besides getting an AARP card, one of the most important benefits of turning 50, is the opportunity to fatten your savings account and watch your retirement investments grow. How do you do this? By taking full advantage of catch-up provisions that the US government provides for your tax-advantaged savings accounts, […]

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Bull Market Celebrates 9th Anniversary

The stock market hit a low due to the 2008 financial crisis in March of 2009 and we have been in a bull market ever since. The persistent rebounding of the market over the past 9 years has provided an incredible run for investors. To get a sense of the […]

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