Blog

In December 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which is changing retirement and estate planning for many.

The process for enrolling in Medicare is surprisingly easy. But before enrolling, you will need to make a choice about how you want your Medicare delivered. Unlike an employer’s health plan, you may have dozens of options from which to choose.

Clearly, most women will need to build up their own retirement savings if they wish to maintain a reasonable standard of living in their later years. Here are some strategies to consider to get started.

While there are lots of “Top 10” lists designed to help retirees decide where to buy a retirement home, the National Association of Realtors created a different type of list. This one is called: The Top Ten Most Favorable Areas for Millennials During the Pandemic. 

To help ensure that you make the best Medicare choices, it’s a good idea to check the following items off your list before you turn 65.

Everyone needs an estate plan, no matter the size of the estate. Not only does this plan help carry out your wishes after your passing, it benefits you while you’re living. 

Do you have any of the following concerns?

• Having enough money to last through retirement
• Funding education for children or grandchildren
• Minimizing taxes so that you keep more of your income
• Leaving more of your assets to your heirs or charity
• Being able to handle a crisis such as a serious injury, layoff, or market turndown
• Making sure family members and heirs are taken care of in the event of a premature death

It has been a very difficult couple of weeks in the financial markets. Stock markets worldwide have dropped sharply on the spread of the coronavirus pandemic. Worse, the shutdowns of large parts of the economy as a risk control measure may lead to further declines. With your portfolios down, and with the headlines screaming more risk, what should you do as an investor?