by Sean Guldi, CFP® According to the Pew Research Center, over the next 15 years roughly 10,000 Baby Boomers turn age 65 every day. This may not mean retirement for all of them, but the largest demographic cohort in our country will be a driving force that increases the need for Retirement Planning. Many of …
Continue reading “Retirement Planning: Is There a Magic Number or Formula?”
On January 21st, a collaborative effort was made by John Murphy of B&C Financial Advisors and George Koury of George Koury & Associates to help seminar attendees better understand their benefit options in regards to Social Security and Medicare. They discussed as people approach retirement, it is important for them to understand their government provided …
Many people may know Congress recently passed a Federal Budget Agreement, which was largely supported by the President in order to increase the debt ceiling. What many people may not be aware of, however, is there were changes in the agreement that closed several loopholes within Social Security that previously allowed people to increase their …
Continue reading “A Big Change Just Happened With Social Security and No One Said a Thing”
We all think about what we want for ourselves in retirement, in our careers, or even where we want to live. There are many things one can do to help get themselves there; however, many of us do not know where to start. This is why everyone needs a financial plan. Whether planning how long …
Many people think having a financial plan is only for the wealthy; however, wealth is not defined by dollars alone.
The first question someone might ask is, what is an RMD? An RMD is an annual distribution from an IRA (Individual Retirement Account) that is required by the IRS.
From changes in contribution limitations to a new account option, here’s what retirement savers can expect for 2015
On the evening of Thursday, November 6th, B&C Financial participated in its 6th annual Light the Night Walk to support The Leukemia Lymphoma Society. As we have mentioned before, this charity is very close to B&C’s heart, our Compliance Officer Jacque Bos’ son, Connor, was diagnosed with leukemia in January 2009. We would like to …
Many clients have asked us over the years what their children should be doing to begin building their savings for retirement. The best answer we can give is to have their children talk to us. Our clients are a part of our family. The best thing we can do is also to help their children …
Continue reading “Financial Advice for Children and Grandchildren”