Blog

Filter Blog by:

Blog

Save More Money With These Tips Weekly Update – 12/6/17

No matter your stage in life, saving money is essential to ensure you can afford your lifestyle. Yet, Americans have a money-savings problem: 69% of people do not have $1,000 in savings.[1] Without this financial buffer, we end up with little wiggle room to protect our financial standing should something like an emergency arise, among other concerns. One hurdle to being able to save more money is that our everyday habits can easily derail us from savings goals. But with some simple tweaks to how you spend (and save) your money, you can build up the funds you need to support you down the road. Read more

Blog

Financial Checklist for Newly Widowed Spouses Weekly Update – 11/29/17

Losing a loved one and life partner is a devastating experience that no one can fully predict. Despite the emotional heaviness one must navigate, another pressing topic requires attention: finances. Knowing how to move forward in your financial life after such loss can feel overwhelming and confusing. In fact, according to one study, 23% of widows feel much less confident in their finances after a spouse’s death.[1]With the right guidance, widows can move beyond the confusion and find clarity.  Read more

Blog

Could Living a Long Life Cause You to Go Broke? Strategies To Make Your Money Last

Published by Scott Ford, Member of the Investment Committee for Carson Group Partners

Have you ever thought about the possibility of living past the age of 100? If you haven’t, you probably should. While there are currently about 75,000 centenarians in the United States, it is predicted that by 2050 that number will rise to 1 million.[1] People are living longer than ever before, and this plays a significant role in how you plan for your retirement. Read more

Blog

Today’s Costs of Long-Term Care Weekly Update – 11/15/17

Saving enough money to last through retirement is an ongoing responsibility and one that Americans should take seriously. And the money you may need could be more than simply replacing the income you had during your career. You also should address potential long-term-care expenses. In 2017, the cost for long-term care in the U.S. increased by 4.5% year over. And with an estimated 70% of people 65 and older needing long-term care at some point in their lives, the majority of people must prepare to meet these expenses.[1]   Read more

Blog

How Life Insurance Can Help Business Owners Weekly Update – 11/08/17

Owning a business in the U.S. is an integral factor of our economy. In fact, the U.S. has 28.8 million small businesses, comprising 99.7% of all business in America.[1] And while risks abound in entrepreneurship, owners can take measures to protect themselves and their companies by purchasing life insurance.

Here are some essential ways that life insurance can help business owners: Read more

Blog

How do you keep property taxes low living in California?

Published by Jeff Pesta

How do I keep my property taxes low in California?

Californian’s can take advantage of Propositions 60 and 90 to transfer their primary residence value to a new home or newly constructed home once in their life time once they are 55 or older.  This is great news since home prices in California go up so rapidly year after year. Read more

Blog

Teacher or state worker with a pension? Learn how to correctly report your 1099-R

Published by Alec Ferber

Were you a teacher or state worker that receives a pension once you are retired?

If so, you are going to want to make sure your tax preparer knows how to properly report your 1099-R Statement of Annuity Paid.  This is the tax document that you receive annually to report your taxable income on your tax return. Read more

Blog

New Proposed Tax Law Changes: No More Medical Expense Deductions

Published by Jeff Pesta

The new proposed tax law changes have just eliminated Medical Deductions.

What does this mean for you?  Well if you are currently 90 years old and in a full-time care facility paying $80,000 to $120,000 per year in care expense, you will no longer be deducting these from your taxable income through itemized deductions.  Read more

Blog

Common Life Insurance Riders: Ways to Boost Your Protection Weekly Update – 11/01/17

When purchasing a life insurance policy, you can opt to add on different benefits to a standard policy and expand your coverage. These riders help you customize your protection for supporting your family’s unique needs. Different life insurance riders exist on the market, and not every person needs every benefit. To help guide your options, here are some common riders to consider:  Read more

Blog

Financial Tips for Protecting Loved Ones with Dementia Weekly Update – 10/25/17

Today in the U.S., at least 5 million older Americans are living with dementia.[1] And over 15 million people are providing unpaid caregiving services for those affected by Alzheimer’s or other dementias.[2]  As loved ones’ conditions worsen, independently managing their own financial lives becomes a challenging task. Their decreasing cognitive abilities mean they may no longer have the judgment and know-how to protect themselves from scammers or ensure they pay bills on time. By advocating for their wellbeing, you can help maintain their financial health. Here are some immediate steps you can take: Read more