Should I pay off my mortgage before entering retirement?

8/20/2015 At some point in your life, you might have heard that some debt is, in fact, “good” debt. A home mortgage, for example, is a type of debt that can be advantageous to have on your balance sheet under certain circumstances, particularly when...

The backdoor to a Roth IRA is still open…for now

The backdoor to a Roth IRA is still open…for now 08/13/15 The Roth IRA was revolutionary when it became available nearly two decades ago. That’s because retirement accounts traditionally have been a method of deferring taxable income, with eventual...

How Does Greece’s Debt Crisis Impact Average Investors?

How Does Greece’s Debt Crisis Impact Average Investors? When Greece’s debt crisis reached its peak several years ago, many feared that the repercussions of Greece missing its debt payments and the possibility of it exiting the Eurozone would fare...

How should freelance workers save for retirement?

How should freelance workers save for retirement? More and more Americans are saying that the freelance life is the life for them. A whopping 53 million Americans consider themselves to be full-time freelancers – an all-time high. With the...

New poll finds that many adults are flying blind into retirement

New poll finds that many adults are flying blind into retirement According to a new survey by the Indexed Annuity Leadership Council, more than half of all U.S. adults have never spoken with a financial advisor to ensure they are saving enough to...

Timeless Tips on Tax-Wise Investing Part II: You and Your Tax-Wise Team

Timeless Tips on Tax-Wise Investing Part II: You and Your Tax-Wise Team   In Part I of our series on Tax-Wise Investing, “You and Your Investments,” we explored how to engage in year-round tax-wise investing by adopting your own best practices as...

Timeless Tips on Tax-Wise Investing Part I: You and Your Investments

Timeless Tips on Tax-Wise Investing Part I: You and Your Investments   While “tax season” may imply that there is an optimal time to think about your income taxes, the best way to minimize your annual “pay-triotic duty” is to engage in year-round...

How to Protect Yourself from Outliving Your Money in Retirement

How to Protect Yourself from Outliving Your Money in Retirement In 2015, the average life expectancy for Americans is 79 years old, more than 10 years older than the average life expectancy was in 1950.  Also, in just 15 years, an expected 70...

Physical and Financial Health Go Hand in Hand

Generally, good health indicators involve factors such as diet, exercise, sleep patterns, and tobacco use.  Focusing on these direct, physical measurements of health is often the only way predictions are made about a person’s health habits and...

The Pros and Cons of a Stronger Dollar

In the past few months, the dollar has strengthened enormously against the euro, the pound and the yen. But for the United States, a stronger dollar is not always as good as it sounds. The dollar is now the strongest it has been against more than...

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The FMB Blog

Understand the Ins and Outs of Medicare

11/7/17 If you’re turning 65 soon, it’s time to learn the ins and outs of Medicare, the federal health insurance program for seniors that is run by the Centers for Medicare & Medicaid Services (CMS). Currently, 57 million beneficiaries—or...

4 Key Steps Every Athlete Must Take Before Hiring a Financial Planner or Advisor

10/31/17 Many financial planners dream of landing an athlete or celebrity as their client, but the truth is, not every financial planner has the tools and expertise to handle the complexities of managing a portfolio like this. Most clients have...

7 Estate Planning Mistakes (and How to Avoid Them)

10/24/17 Most people would probably prefer to put off planning for their death. But if you own anything of value—and most people do—then you’ll want to add estate planning to your to-do list soon. An estate plan establishes what will happen to...

Off to College: Books, Bedding and a Power of Attorney?

9/11/17 When your child prepares to head off to college, putting a power of attorney in place for them is likely the last thing on your mind. After all, they’re just about to test the waters of adulthood, of true independence, and there’s so much...

Financial Planning Steps after Losing a Spouse

8/15/17 Nothing can prepare you for losing your spouse. If you have recently been widowed, the world seems to demand rapid response to weighty decisions at every turn. Among the hardships of losing a spouse are legal decisions, financial pressures...