Seniors report losing $30,000 to financial scams

Seniors report losing $30,000 to financial scams Retirement planners work hard throughout their lives in order to secure comfortable, risk-free retirements. Part of this savings and investment process includes designing diverse investment portfolios...

Big Changes Afoot for Social Security in 2015

Big Changes Afoot for Social Security in 2015  As 2014 draws to a close, retirees and retirement planners everywhere are looking ahead to plan for the new year on the horizon. In late October, the Social Security Administration announced a few big...

CalPERS liquidates hedge fund portfolio, makes waves in the investment community

CalPERS liquidates hedge fund portfolio, makes waves in the investment community   The California Public Employees Retirement System (CalPERS), America’s largest pension fund, announced in September that it will be divesting all $4 billion of its...

MyRA: The new “starter” IRA

MyRA: The new “starter” IRA  For many Americans, employer-sponsored retirement savings plans, such as 401(k)s, are simply not an available option for them. Whether because they are part-time, hourly, self-employed or simply don’t receive benefits...

Congressional Savings Reform May Affect Your IRA

Congressional Savings Reform May Affect Your IRA Recent news from Capitol Hill may require some investors to rethink their retirement savings plan. In a recent Finance Committee hearing on retirement savings reform, members of Congress discussed a...

Health is the key to a comfortable retirement, but retirees aren’t prepared for the cost

Health is the key to a comfortable retirement, but retirees aren’t prepared for the cost   Health, financial security, friends, family, and purpose are all key factors that can influence a person’s happiness during retirement. The presence or...

Physical and Financial Health Go Hand in Hand

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...

Physical and Financial Health Go Hand in Hand

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...

How to Save up for a $1 Million Dollar Retirement

How to Save up for a $1 Million Dollar Retirement One million dollars can go a long way in providing a comfortable cushion for a long and fulfilling retirement.  The key to saving this nest egg is implementing an intelligent and well planned...

Supreme Court rules that inherited IRAs are not shielded in bankruptcy

Supreme Court rules that inherited IRAs are not shielded in bankruptcy According to a recent Supreme Court ruling, inherited Individual Retirement Accounts (IRA) are not considered to be “retirement funds” and are therefore not protected from...

Pages

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...