Recent press releases have sparked a debate in the financial community regarding proposals for a new 50-year home mortgage option. Supporters argue that the longer term could expand access to homeownership by lowering monthly payments, especially for younger buyers facing high housing costs. However, critics caution that it might lead to borrowers being trapped in […]
If you’re a parent like me, or a grandparent, you’ve probably heard your kids or grandkids running around the house shouting “6-7!” multiple times a day and at any opportunity that presents itself. I’ve asked people of all ages what it means, and, after a few confusing explanations, I’ve finally accepted two things: I’m officially […]
Medicare’s Open Enrollment Period takes place from October 15 through December 7. During this time, current Medicare enrollees have the opportunity to review, compare, and make changes to their coverage. This is a crucial window for retirees and those approaching age 65 to ensure their coverage continues to meet their evolving healthcare needs and financial […]
October is Cybersecurity Awareness Month, making it an ideal time to revisit how you protect your personal and financial information online. Today’s digital scams are becoming increasingly sophisticated, with cybercriminals now using artificial intelligence (AI) to create convincing messages that appear legitimate. Many of these scams often involve text messages, emails, and even phone calls […]
As we enter the final quarter of 2025, investors face a critical window to review and adjust their portfolios. With the fourth quarter often bringing heightened market volatility, strategic moves can help manage risks and prepare for the year ahead. This playbook outlines steps to help navigate the challenges of portfolio management in Q4 and […]
Cognitive decline has become a devastating reality for millions of Americans. This progressive condition, which largely impacts those over the age of 65, not only diminishes memory but can also create complex legal and financial challenges. Without preparation, these pressures can be overwhelming for individuals and their families alike. While legal planning helps establish authority […]
Cognitive decline, particularly from Alzheimer’s disease, is a growing concern for millions. According to the 2025 Alzheimer’s Association annual report, approximately 7.2 million Americans currently live with Alzheimer’s, a number projected to rise sharply over the next 20 years as the population ages. While this progressive disease affects memory and cognitive function, it also creates […]
As the 2025 football season kicks off, there’s more overlap between the gridiron and sound money management than you might think. Just like a winning team, a strong financial plan requires strategy, discipline, and the right balance of offense and defense. Here are four lessons from the field that can help you move the ball […]
On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law, introducing provisions that offer financial relief for many senior citizens. The legislation includes an increase to the standard deduction for all taxpayers, as well as a new $6,000 deduction specifically for Americans aged 65 and older. While it falls short […]
As 2025 draws to a close, many retirees and Social Security beneficiaries are looking ahead to the anticipated Cost of Living Adjustment (COLA) for 2026. Current projections suggest that the Social Security Administration is likely to announce a COLA increase of approximately 2.6% to 2.7%. Each year, the Social Security Administration calculates the COLA using […]