Create PDFPrintBy Eve Kaplan, Certified Financial Planner™ Women run a higher risk of outliving their money in retirement than men. The risk is even greater for single women – especially women in the lowest pre-retirement wage earning quartile (meaning the lowest 25% of wage earners). In addition to low income-earning women, women who are “suddenly […]
Four Simple Steps To Improve Your Financial Health
Create PDFPrintBy Eve Kaplan, CFF® Professional Here are four simple steps to improve your financial health. If you’re working with a financial advisor, you should be in good hands because these potential pitfalls should have been addressed from the get-go. A Certified Financial Planner ™ specializing in comprehensive planning is the best professional to help you. […]
The Powerful Positive Financial Impact Of Delaying Retirement
Create PDFPrintBy Eve Kaplan, CFP® Practitioner New data show the powerful positive financial impact of delaying retirement by even just a few months. Postponing retirement even by a month – for some – can equal or exceed the positive impact of saving more each year for 10 years while working. This is great news especially […]
Better Annuities Are Fixed Annuities
Create PDFPrintby Eve Kaplan, Certified Financial Planner ™ In my prior article I explained the kinds of annuities that are “bad” or “ugly” for investors: virtually all variable annuities, including indexed annuities (that are misleadingly categorized at a type of fixed annuity). My objections have to do primarily with cost and the fact that they often are […]
Annuities Can Be Good, Bad or Ugly. Which Is Which? Part I
Create PDFPrintAnnuities can be good, bad or downright ugly. How can you tell if your annuity is good, or if you should consider purchasing one? And what’s an annuity, anyway?. In this two-part series, I’ll begin with a review of the “bad and ugly” annuities (most variable annuities). Next month I’ll review “good” annuities (primarily […]
Smart Charitable Giving That’s Easy and Cuts More of Your Taxes Than The “Write a Check” Route
Create PDFPrintBy Eve Kaplan, CFP® Here’s a smart way to make charitable donations that’s easy and cuts more of your taxes than the regular “write a check, take a tax deduction” route. The tool I recommend is called a Charitable Trust (sometimes also called a Donor Advised Fund). The time needed to set it up? […]
Womens’ Special Financial Planning Needs That Advisors Overlook
Create PDFPrintby Eve Kaplan, CFP(R) Professional Womens’ special financial planning needs that advisors may overlook in two ways: 1) advisors don’t always acknowledge the different planning needs women have and 2) advisors don’t always communicate well with female clients – especially if the client comes to a meeting with her husband. It’s very common for […]
How to Design Your Ideal Retirement
Create PDFPrintBy Eve Kaplan, Certified Financial Planner ™ Would you like to design your ideal retirement? Where do you begin? First of all, what does retirement mean to you? If you’re in a relationship, does retirement mean the same to you as it does to your partner? Do you know if your “ideal retirement” is […]
Social Security: Don’t Make These Three Mistakes
Create PDFPrintBy Eve Kaplan, Certified Financial Planner ™ Social Security has been around for decades and it’s not about to disappear. Why? Social Security is not an “entitlement” (gift) – it’s a forced savings scheme that Americans pay into in their working years in order to secure a pension for life. Ideally, Social Security shouldn’t […]
Getting Real About Retirement – Will You Have Enough Money to Remain Comfortable?
Create PDFPrintBy Eve Kaplan, Certified Financial Planner™ Let’s get real about retirement. Will you have enough to remain comfortable in retirement for 30 years or more? Studies show this is a recurring fear many Americans feel. As a Fee-Only financial advisor, my number one priority is to confront this fear and help my clients retain […]