Jun 102 minWho is Umbrella Insurance for?Umbrella insurance, also known as excess personal liability insurance, isn’t just for the wealthy. If you: drive a motor vehicle, own...
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...
Jan 19, 20212 minSaving for Retirement: What is an IRA?An Individual Retirement Account is a retirement saving and investing tool that is tax-advantaged. Oftentimes a workplace retirement plan...
Aug 15, 20193 minSwitching Jobs Doesn't Mean Losing 401(k)While you have options when it comes to your 401(k), you should be sure to consider what’s off limits, too.
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:
May 1, 20192 minWhat Can Penny Lane Financial Do For You?By now, most of you know who we are, but do you know what we actually do? Aside from having “Financial” in our name, how do we help people?
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.
Oct 23, 20182 minLive a Longer and Better Life by VolunteeringStaying active during retirement is essential to good health, and volunteering in your community is one of the best ways to engage....
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
Jun 26, 20184 minAnswers to Your Questions About MedicareIs Medicare enrollment automatic? Not always. If you are already age 65 or older, you are automatically enrolled in Medicare Part A and Par
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
Mar 27, 20183 minApproaching Retirement? It's Important to Stay BusyA lack of planning can leave you feeling bored and listless. So keep a to-do list, plan your days, and stay engaged.
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
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.
Dec 29, 20172 minFour Ways To Protect Your Estate3. Try to avoid probate. Probate is a legal process that can be expensive and cumbersome. People go through probate after someone dies and t