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...

Retirement or college: Which is a parent to save for first?

Retirement or college: Which is a parent to save for first?  Conventional wisdom tells parents to make saving for their own retirement a priority over saving for their children’s college education. Parents, however, are doing just the opposite,...

Public pensions could be on the chopping block in California

Public pensions could be on the chopping block in California Public employees in California are nervous that their comfortable retirement plans may diminish as expensive pensions have come under fire in an effort to help the state’s financially...

Obama’s proposed IRA regulations could help retirement savers

Obama’s proposed IRA regulations could help retirement savers New rules from the White House could soon impose fiduciary duty on financial advisors to stop rogue investment brokers from bilking their clients. In late February, President Obama...

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The FMB Blog

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...

Are You Prepared for a Market “Correction”?

6/30/17 Before we proceed, let’s get two things straight: First, there is no such thing as a “correction”. When buyers and sellers agree on a price, that is the correct market price. However, there have been and will be large market price declines...

DOL’s Fiduciary Rule Goes into Effect on June 9

6/1/17 After a 60-day delay from its original schedule, the Department of Labor’s (DOL) fiduciary rule – an investor-protection law created under the Obama administration – is now set to go into effect on June 9, 2017. Many investors are wondering...

The Uncertainty Paradox

5/11/17 “The market hates uncertainty” has been a common enough saying in recent years, but how logical is it? There are many different aspects to uncertainty, some that can be measured and some that cannot. Uncertainty is an unchangeable...