We help individuals and families pursue their ideal retirements.

Annuity Insights

By Chris Murray | April 6, 2021 |

The Insured Retirement Institute (IRI) – a trade association for the retirement income industry – advocates annuities as a vehicle that can help provide retirees income, guaranteed by the insurer. The organization has been actively educating and lobbying legislators to expand annuity access as part of employer-sponsored retirement plans (1). Under this scenario, whatever portion…

Can Money Buy Happiness?

By Chris Murray | March 29, 2021 |

In 2010, a study was published by two Nobel prize-winning economists purporting that people with more money feel better about their lives. However, that held true only up to an annual salary of $75,000 ($90,000 in today’s dollars). Past the $75,000 threshold, people weren’t necessarily any happier. That scenario has apparently changed in the ensuing…

Social Security benefits: Spouses, Ex-spouses and Surviving Spouses

By Chris Murray | July 8, 2019 |

As you begin the retirement process, it’s important to have a strategic income plan with regard to Social Security benefits. It is particularly important for married couples to consider not only when the primary breadwinner should begin drawing benefits but also how that start date could affect a spouse whose benefit is derived from that…

Retirement Planning Challenges

By Chris Murray | June 4, 2019 |

In 1985, only 10 percent of people aged 65 and older were either in the workforce of job hunting. Today, that share has doubled, for a couple of reasons. First, fewer 65-year-olds have enough money to retire. Second, the number of people in this demographic with a college degree has more than doubled (53 percent…

Retirement: Savings and Financial Health

By Chris Murray | May 16, 2019 |

As many baby boomers near retirement, some new facts are coming into focus. According to the latest Government Accountability Office (GOA) report on retirement security, 29 percent of households aged 55 and older have no savings set aside for retirement and no pension. If that doesn’t change, they’ll be relying solely on Social Security during…

The Future of AI in Health Care

By Chris Murray | April 29, 2019 |

Artificial intelligence (AI) is not just for Amazon’s Alexa anymore. Health care patients are starting to see more mainstream uses of AI-enabled tolls, such as:(1)  Robot-assisted surgery Virtual nursing assistants that stay in contact with both patients and providers Connected health management devices that you can download on your smartphone, wear on your body or…

Navigating Your Finances As A Couple

By Chris Murray | March 29, 2019 |

Tax season is a good time for couples to get on the the same page regarding household finances. Now that you’ve filed your 2018 taxes, take time to think about how you can better work together with your spouse as you navigate 2019. Particularly for those who file jointly, it’s important for both spouses to…

Don’t Leave Your Long-Term Care Plan to Chance

By Chris Murray | March 21, 2019 |

According to new research from Genworth, one of the nation’s leading long-term care insurance companies, Americans are both entering caregiver roles and requiring care at younger ages. Among the study’s findings: (1)  Nearly half of family caregivers now are men The average age of a family caregiver is 47 (down from age 53 in 2010)…

Importance of Airline Industry Continues Ascent

By Chris Murray | March 7, 2019 |

After all the inconvenience it caused nationwide, it appears the main impetus for ending the federal government shutdown in January was its impact on air travel. On January 25, the FFA began restricting flights into and out of New York’s LaGuardia Airport due to a shortage of air traffic controllers. Prior to this, there had…

Annuity Strategies That Keep the Income Flowing in Retirement

By Chris Murray | March 5, 2019 |

More than 90 percent of American workers in their 50’s don’t have a pension and 46 percent don’t participate in an IRA or 401(k) at work. A recent study found four in 10 middle-class Americans will like ly live on or below the federal poverty line by age 65.(1) Many experts say annuities may be…

Ready to Take The Next Step?

For more information about any of the products and services listed here, schedule a meeting today or register to attend a seminar.

Or give us a call at 301.682.9876