Financial Articles

Navigating the complex world of Medicare can feel daunting, but taking the time to choose the best plan for you is crucial.

Although life insurance products are primarily associated with death benefits, certain cash-value life insurance products like indexed universal life insurance (IUL)s can provide tax-free income during retirement.

Life is fleeting in nature. Instead of asking, “What if I run out of money?” Mr. 1500 (the author) believes you should instead wonder, “What if I run out of life?”

While there are no guarantees, data shows down and sideways markets can be one of the best times to stay invested or make further investments.

Hybrid long-term care insurance offers long-term care coverage if needed or a death benefit if not used for care expenses.

Despite his privileged background, renowned Roman philosopher, Marcus Tullius Cicero, was known for embracing a simple lifestyle. His work inspired numerous thinkers throughout history because according to Cicero, frugality leads to riches.

Time is your ultimate currency. How will you spend it?

Ask yourself: Are you checking all the possible boxes to maximize your tax efficiency? Or is it time to roll up your sleeves and do some work?

You’re in the midst of a unique retirement planning environment. Many retirees can no longer rely solely on pensions and Social Security for lifelong income, and as a result, annuities (specifically fixed indexed annuities – FIAs), have gained popularity.

Despite what many might believe, RMDs are required distributions, not required spending. While you must take withdrawals from tax-deferred retirement accounts starting at age 73, you can choose not to spend that withdrawn amount if you don't need it.

Money undeniably holds a significant place in your life. The stress and anxiety experienced when bills are due, for example, highlights the emotional impact it can create. Recognizing that money is a construct, however, can help you approach your finances more rationally.

It’s become common practice to utilize U.S. historical data when projecting the resilience of your financial plan. However, this can potentially underestimate the risk of a significant market crash, as relying solely on U.S. data may lead to an inaccurate perception of downside risk.