Showdown in Retirement Planning: “The Wild West” vs. a Uniform Standard of Fiduciary Care

by Eve Kaplan, Certified Financial Planner (TM) Practitioner You might be stuck in “The Wild West” without realizing it. I’m referring to your retirement plan – be it an IRA, 401k, 403b or defined benefit plan. That’s because you likely are missing a Fiduciary Standard of Care. That’s a fancy way of saying your interests, […]

How to Navigate the Pending Retirement Crisis

By Eve Kaplan, CFP® Are you tired of hearing about the pending retirement crisis –because you’ve heard about it so much, it’s boring and you think it doesn’t apply to you? You might be in your 70s or 80s before you realize all that “yadda yadda” about “planning” and “saving” actually did apply to you […]

Managing Your Financial Life Well: Things to Do and Things to Avoid (Part 2)

by Eve Kaplan, CFP(R) Professional Two months ago I wrote about key areas to help “Manage a Financial Life Well” in the face of the overwhelming volume of financial information and advice. Some examples I mentioned included having sufficient life/disability insurance, calculating how to best fund long-term care and how to make some smart investment decisions […]

What To Do When Family Members Need Financial Help

By Eve Kaplan, Certified Financial Planner ™ Welcome to the Sandwich Generation! You’re a member if you’re “sandwiched” between helping adult children and aging parents.  Americans see themselves are more “independent” and sometimes less family-oriented than some other cultures but you still may be on the hook to support adult children in their 20s, 30s and […]

Managing Your Financial Life Well: Things to Do and Things to Avoid

by Eve Kaplan, CFP(R) Professional It’s easy to feel overwhelmed by all the things you need to do to manage your life well – be it exercise, meditation, diet or making smart financial decisions. When confusion reigns, you may end up focusing on the trees instead of the “big-picture” forest.  How can you manage your financial […]

Big Changes in Social Security Headed Your Way

by Eve Kaplan, CFP(R) There are big changes in Social Security benefits headed your way. Congress surprised the financial advisory community in November 2015 by killing off two Social Security strategies many of us advisors utilized to maximize benefits for our married couple clients:  1) “file-and suspend” and 2) “restricted application.” Couples most affected by […]

How To Bulk Up Your Retirement Dollars – in Good Times and Bad

By Eve Kaplan, CFP® During periods of market turmoil, focus on what you can control and avoid fighting what you can’t control. You can’t control markets but you can bulk up your retirement savings account.. Here are 10 way to boost your retirement accounts ( your 401k, 403b, IRAs  etc.), regardless of  poor investment “weather conditions” (viz., […]

Boost Your Financial Health in 12 Monthly Steps

By Eve Kaplan, CFP® Yup – it’s that time of year again when you consider your New Year’s Resolutions. The top 3 New Year’s Resolutions recur each year: eat less, exercise more anHere are 12 monthly steps to cultivate better financial health.d clean up your finances/investments. You can do much of this if you’re a […]

Will You Be Caught Flat-Footed by the “New Retirement”?!

by Eve Kaplan, Certified Financial Planner(R) Will you be caught flat-footed by the “new retirement”? This “new retirement” looks nothing like your parents’ and grandparents’ retirement. The “new retirement” is a very mixed bag – there’s good news, bad news and elements of unpredictability. First, the good news. People are living longer than ever and are […]

Don’t Leave Your (Social Security) $$ on the Table!

By Eve Kaplan, CFP Social Security has a Rodney Dangerfield problem because it just doesn’t get the respect it deserves. Not only is it a great risk-free, cost-free inflating annuity for life, but married couples have additional ways to increase benefits. I’m talking about the often-overlooked “spousal benefit” that may add thousands of dollars in […]