Important Retirement Ages
Your retirement benefits are a critical component that determine your quality of life in your Golden Years. You’ve got important decisions to make before and after your retirement date that directly impact your benefits from Social Security and your retirement accounts. Overlooking a few important dates lead to some of the biggest retirement planning mistakes we see made – mistakes that could have easily been avoided. So, open up your calendars and mark down the 8 key dates we highlight […]
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Date: October 6, 2020
How to Test Drive Your Retirement: Addressing Retirees’ 3 Biggest Fears
Are you a glass-half-full or glass-half-empty type of person? Whichever camp you belong to, it’s realistic to have concerns about your retirement life. The changes that retirement brings deserve serious thought, and more importantly, action. It’s even better if you can test drive your retirement to see if the plans you put forth really work for you. The team at Heritage Capital has been helping people retire with confidence for more than 30 years. In that time, we’ve identified the […]
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Date: September 28, 2020
How to Retire Without Your Spouse: Investment Strategies for the Divorced or Widowed
Divorce has become increasingly common in the United States over the past few decades, and roughly 25 percent of people 65 or older are widowed. Despite this, however, approximately two-thirds of married couples don’t have a financial plan set up in the case of divorce or widowhood. What happens if you do become divorced or widowed either when retirement is imminent or once you’re retired? Are there investment strategies that can help in either scenario? In our more than 30 […]
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Date: September 14, 2020
Common Questions About a SEP IRA
Your standard IRAs and 401(k)s hog a lot of the attention when it comes to defined contribution retirement plans. While these can be terrific vehicles for creating a long-term nest egg, we don’t want to discount another effective option, the SEP IRA. At Heritage Capital, we’re often asked about the SEP IRA, which can be a low-cost alternative to other employee retirement plans. Can I convert a SEP IRA to a Roth IRA? Can I roll a SEP IRA into […]
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Date: August 17, 2020
Social Security and COVID-19: 5 Things You Should Know
We’re more than halfway through 2020 and one thing is abundantly clear – the Coronavirus is just as much a financial crisis as it is a health crisis. Millions of Americans have watched their nest eggs dwindle due to stock market declines, layoffs and furloughs. This crisis has affected us all, but anyone retiring in the next year or two is especially vulnerable as they prepare to pull from retirement accounts and collect Social Security. When conducting a financial analysis […]
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Date: July 20, 2020
How to Tell a Good Financial Advisor from a Bad One
Using a bad financial advisor is worse than having none at all, for they can destroy your wealth and jeopardize your financial future. On the other hand, you can significantly benefit from the recommendations given by a good financial advisor. For this reason, when finding a professional financial advisor to work with, it’s important to know what to look for. While their title might be the same, financial advisors are not created equal. As a fee-only fiduciary financial advisor in […]
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Date: July 13, 2020
3 Common Retirement Planning Mistakes
An American Institute of Certified Public Accountants survey of more than 1,000 adults found the following: 49 percent are not confident about how they will finance their retirements 29 percent said they’re not sure they’d reach their retirement goals 20 percent said they don’t think they will ever reach their retirement goals Even if you’re successful and cash flow is not a worry now, things may feel different when you stop receiving that paycheck or you sell your business, and […]
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Date: June 22, 2020
Top 5 Tips for Financial Fitness in 2014
Here is the link to my segment on Fox 61 in CT, Top 5 Tips for Financial Fitness in 2014 http://foxct.com/2014/01/23/morning-extra-tips-to-get-financially-fit-in-2014/
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Date: January 26, 2014
3 Indicators That Can Tell You the Market’s Next Move
On Monday, I was in the city spending some time with my friends at Yahoo Finance. As always, I thank them for their hospitality and Jeff Macke for the engaging conversation. http://finance.yahoo.com/blogs/breakout/3-indicators-tell-market-next-move-115923205.html With the volume and velocity of information out there, trying to get a read on the stock market is like attempting to get a sip of water from a firehose. Thankfully Paul Schatz of Heritage Capital has three ways to check the health of the market and durability […]
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Date: July 5, 2012
What would Thomas Jefferson Say to the Architects?
The latest Street$marts is out, “What would Thomas Jefferson Say to the Architects?” http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20120625.pdf Topics in this issue include a little known, but important economic indicator, the latest pullback in stocks and where gold is headed.
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Date: June 26, 2012
