Blog

Should I Pay Off My Mortgage?

By Tony De Santis | July 25, 2022 |

It’s common advice for retirees to keep their home mortgage as a lien against their property and use their life savings to pay for their living expenses in retirement. That’s because home equity has been one of the best investments for retirees, generating income through tax-free capital gains that can be accessed through a reverse…

Retirement Income and Your 401K: New Ways to Create Retirement Income and Make Your 401K Pay Off Like a Pension Plan 

By Tony De Santis | July 18, 2022 |

Are you worried about your retirement income? You’re not alone. Many people are concerned that they won’t have enough money to live on in retirement. One way to help ensure a comfortable retirement is to ensure your 401k is working for you. In this article, we’ll discuss ways to make your 401k pay off like…

Don’t Worry if You Aren’t Ready for Retirement

By Tony De Santis | July 11, 2022 |

Don’t worry too much about the retirement age, retirement benefits, and the ways to save for that special day when it all ends. The great news is you don’t have to be ready to retire to enjoy life as long as you can live a healthy lifestyle and avoid common financial mistakes. Here’s some good…

Social Security Benefits While Working 

By Tony De Santis | July 4, 2022 |

Social Security benefits are available to most people who work in the United States. Social Security retirement, disability and dependents benefits are available to workers who have paid into the system — but only if you’re disabled, retired or caring for a child or other dependent. If you’re employed, you may be able to receive…

Are There Downsides to Retirement? 

By Tony De Santis | June 28, 2022 |

No one ever tells you the downsides to retirement. When you’re working, your friends and family members are always asking, “When are you going to retire?” They paint a rosy picture of retirees spending their days on the golf course or traveling. They don’t tell you that retirement can have some serious downsides. In this…

How Much Will you Really Spend in Retirement? 10 factors to consider 

By Tony De Santis | June 20, 2022 |

How much money will you need to have saved for retirement? This is a question that many people are asking these days. The answer is not always easy to determine, as many factors need to be considered. In this article, we will discuss 10 of the most crucial factors that need to be considered when…

What is the SECURE Act? 

By Tony De Santis | June 12, 2022 |

Based on the U.S. Bureau of Labor Statistics, only 55% of civilian adults take part in workplace retirement plans. Even those who invest fall short of the recommended percentage of their yearly earnings. Wealth management Vanguard data show that the median 401(k) investment for those 65 and older is a little over $58,000. Congress approved…

What Are I Bonds and How Do I Buy Them? 

By Tony De Santis | June 9, 2022 |

I bonds are a form of U.S. savings bond meant to protect the value of an investor’s money from inflation. The U.S. Treasury issued them to safeguard your money from losing value.  The interest rates for I bonds are regularly adjusted to caution investors from the ever-rising price of commodities. Additionally, series I bonds are…

Should You Delay Retirement?

By Tony De Santis | May 31, 2022 |

Retirement is a dream for most Americans. Sure, there are people like Warren Buffett who love to work whereas most people do not. If you’re one of those people who want to retire, the question arises of when a good time to retire might be. Some people will be fine retiring next week while some…

Preparing For Incapacity & Long Term Care

By Tony De Santis | May 24, 2022 |

Individuals who spend their lives building businesses that ultimately lead to a high income tend to be dynamic go-getters who don’t want to think about the limitations and possible incapacitations of old age. However, with smart planning in your 50s and 60s, you can protect your heirs from financial risk and even protect your business…