Global Family Law Services
As we step into 2025, one cannot avoid feeling the prospects of new opportunities and new beginnings. Why not seize those feelings and move toward financial growth and transformation in 2025? We all can be more disciplined and proactive in managing our finances. Doing...
The majority of Americans age 65 and older are homeowners and almost all of them own their homes free and clear, according to a Merrill Lynch-Age Wave survey. But in this current sellers market, does it make sense to continue to own? In other words, if you are a retiree, is there a benefit to selling your home and to…
“There’s never enough time to do all the nothing you want” – Calvin & Hobbes For many Americans, the decision as to when to retire is one to be labored over and discussed at length. Unsurprisingly, the COVID-19 pandemic is playing an important role in that decision. Most notably, statistics have shown that retirement-eligible Americans are opting to leave the…
It is estimated that as many as three-quarters of Americans have insufficient retirement savings and a full quarter may have no retirement savings at all. And, given that the majority of workers receive none of the pension benefits that had been common among prior generations, many Americans are left to either continue working longer than intended, or to survive solely…
When you think of preparing for retirement, what comes to mind? A 401(k)? A pension? An IRA? Social Security? Other savings? What about real estate? Maybe surprisingly, some prospective retirees are looking to real estate investments to help fund their golden years. If you are interested in the prospect, know that you have several options. One of the simplest ways…
This article originally appeared as a column for the Cleveland Jewish News. “Are you over the age of 62?” “Do you have equity trapped in your home?” “Having trouble making your monthly mortgage payments?” “Supplement your retirement savings and make that money work for you.” Targeted advertisements tout the benefits of reverse mortgages. A reverse mortgage is a special type…
This article originally appeared as a column for the Cleveland Jewish News. To be sure, these are uncertain times. Of course, presidential elections always bring uncertainty and, without a doubt, the new administration will be different than the last, even if policy specifics aren’t clear at this point. But one thing remains clear: whether your preferred candidate just won or…
This article originally appeared as a column for the Cleveland Jewish News. As another calendar year comes to a close, it’s time again for last-minute year-end tax planning. True, there is just over a month left in 2015, but there is still time to take advantage of some smart planning. Consider upping your retirement contributions to the maximum allowed amount.…
This article originally appeared as a column for the Cleveland Jewish News. So much investing advice is out there. Read 10 different articles and you will find 10 different opinions on how to achieve investing success. What’s a new investor to do? Whom do you look to? How do you know which advice to follow? How do you best invest…
This article originally appeared as a column for the Cleveland Jewish News. Clients who come through my door are often quite protective of their retirement funds – understandably so. After all, an individual typically spends his or her entire working life saving for retirement. A retired worker will probably be entitled to some Social Security benefits. A lucky minority will…