Apr 143 minTax Liabilities During RetirementRetirees are eligible for a few tax breaks that aren’t available to younger people. There are also many taxes that apply specifically to...
Jul 14, 20193 minRetirement Doesn't Have To Be A Hard StopSo, even though many employees would like to phase their retirements, many employers are not on the same page. Another challenge that worker
Jul 2, 20192 minRetirement Planning Drawbacks and How To Navigate ThemIf there is one rule more important than any other when it comes to legacy planning, it is this:
Apr 18, 20193 minFour Retirement Myths DebunkedThat’s not the only reason retirees are returning to the work force, either. With longer life expectancies, some retirees are even finding t
Apr 11, 20197 min5 Things You Need to Know About Social Security BenefitsMany Americans are forced to file for benefits early for financial reasons, which can cost them dearly in lost income.
Apr 1, 20193 minDon't Outlive Your IncomeMaking a Realistic budget and withdrawal strategy while boosting your retirement cash flow.
Aug 23, 20183 minDoes it Make Sense to take Social Security at Age 62?Alternatively, sometimes one spouse earns a lot of money and the other doesn't work or earns very little. In this circumstance, the brea
Aug 9, 20181 minIt Pays to get Expert Advice on your Retirement Distribution StrategyHow’s your retirement distribution strategy? Could it use some help?
Jun 12, 20182 minTwo Retirement Expenses You May Be OverlookingThe price for a single month in an assisted-living facility can range from $1,500 to $4,000. If you need to go into a nursing home that prov
May 21, 20182 minTips on How to Manage Two Homes During RetirementHow you prepare for leaving one home when you go to the other can be a large factor in determining the success of your two-home lifestyle. H
Apr 23, 20181 min3 Reasons Annuities Make Sense for Retirement Right Now1. You want to have guaranteed income for life.
Apr 10, 20181 min3 Myths About Life Insurance You Need to KnowYou take a huge risk when you depend solely on your investments – especially if you have dependents.
Mar 5, 20182 minWhy You Shouldn't Overlook Long-term CareIt’s not something we like talking about, but the reality is that many people will have a costly claim they could never have afforded withou
Feb 20, 20182 minConsider this Alternative to BondsIf risk were not a consideration, we would put all our money in stocks. But the stock market is volatile, subject to cyber and world events
Jan 31, 20183 minIt Pays to Understand your Tax Liabilities during RetirementAt Penny Lane Financial, we can help you lay out a plan to minimize your tax liabilities during retirement.
Jan 22, 20182 minAnnuities are Replacing Pensions for Retirement IncomeBasic forms of annuities include Immediate vs. Deferred, Fixed vs. Variable, Equity-Indexed, and several other options that can include a de
Dec 11, 20172 minKnow Your Financial Terms to Make Better ChoicesThe 6 basic daily activities people do in a general day on their own without help. A person’s ADL abilities will affect the type of long-ter
Dec 6, 20173 minEight Worst Mistakes Retired People MakeMoney mistakes are a common learning experience from which we can grow. However, when you’re in retirement, bad decisions can be...