Planning for the Future

To help seniors and families understand and manage the financial and legal challenges that may lie ahead, you should consult with experts who specialize in working with those who are retired or facing retirement.

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Staving off a Poverty Crisis

Doug Dickerson, State Director,AARP North Carolina “How can North Carolinians foster savings and staff off a poverty crisis? “If you have a pension, you’re one of the lucky ones,” says a Duke economist, acknowledging that over the past few decades most employers have shifted away from maintaining a pension fund for their workers and former employees. Increasingly, it’s up to [...]

2021-07-23T13:37:08-04:00January 9th, 2017|Financial Planning & Money Management|
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Enhancing Lifestyle through Decades

Nina Lloyd is a Certified Financial Planner® and Chartered Financial Planning Counselor®. She is managing advisor of the Triangle office of Opus Financial Advisors. Ever wonder how to take your retirement years from good to great? You can’t skimp on planning, saving, or diversifying. In addition to traditional retirement strategies, below you’ll find a few common practices we’ve found that [...]

2017-01-09T17:47:54-05:00January 9th, 2017|Financial Planning & Money Management|
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Saving with a Donor’s Trust Account

By Jeff Zysik Co-founder of Charitable Entity Administration, LLC (CEA) There are many methods and platforms for carrying-out your charitable giving. In recent years, however, one charitable vehicle has zoomed to the fore-front of charitable planning — the donor-advised fund, or DAF. Why? Because in addition to offering the most attractive tax deduction rules, donor-advised accounts provide flexibility that other [...]

2017-01-09T17:24:49-05:00January 9th, 2017|Financial Planning & Money Management|
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Advantages of a Roth IRA

Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 [email protected]. Just to review: What is a Roth IRA? A Roth IRA is funded with “after tax” dollars, grows free of all income and capital gains taxes, and produces no income tax upon withdrawal. [...]

2019-01-19T12:15:42-05:00January 8th, 2017|Financial Planning & Money Management|
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SHIIP is Not Just for Seniors

The services of SHIIP, the Seniors’ Health Insurance Program of the North Carolina Department of Insurance, are not only for people aged 65 and older. SHIIP also provides free counseling about Medicare to people on Medicare due to a disability.  Before you can receive Medicare due to a disability, you must have received Social Security Disability Insurance for a period [...]

2019-01-02T18:23:53-05:00November 9th, 2016|Insurance, Resources|
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Do You Need Help Paying for Your Prescriptions?

Do you ever have difficulty paying for your prescription drugs? Do you have limited income and assets? If you answered "yes" to either of these questions and you are a person with Medicare, Extra Help may be available for you. The federal Extra Help program assists qualified Medicare beneficiaries with out-of-pocket expenses associated with Medicare Part D prescription drug expenses. [...]

2019-01-02T18:16:55-05:00October 28th, 2016|Insurance, Resources|
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Is Your Behavior Hindering Your Investment Success?

Mike Palmer Managing Principal Ark Royal Management 3700 National Drive, Ste. 218 Raleigh NC 27612 919-710-8655 Wouldn’t most of us like to lose a few extra pounds or commit to a daily fitness routine? The challenge comes in actually doing what is required to achieve those goals. We start eating healthy, but can’t resist a late night bowl of ice [...]

2016-10-19T16:37:19-04:00October 19th, 2016|Financial Planning & Money Management|
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Bogus Sweepstakes and Lotteries

How can you tell legitimate contests from bogus sweepstakes and lotteries? AARP’s Money Newsletter suggests the following five ways. 1. It’s a scam if you have to pay anything to enter or collect winnings. 2. Scammers request that fees be paid via wire transfers or prepaid debit cards which are hard to trace. 3. If you did not enter a [...]

2019-01-02T17:48:10-05:00October 14th, 2016|Elder Law, News & Information|
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Why Credit Scores Matter

When credit-reporting company TransUnion polled boomers recently regarding their credit score, nearly half thought it was no longer important. They were wrong. Your credit is a vital financial tool at every age because it predicts the likelihood you’ll pay your bills. Lenders use it when offering a mortgage, auto loan or credit card. Insurers also look at it to set [...]

2016-10-05T05:28:22-04:00October 5th, 2016|Financial Planning & Money Management|
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Moving Forward on Your Own

Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 [email protected]. When a spouse dies, most widows go through a predictable, but no less devastating, series of emotions. Kathleen Rehl, an acknowledged expert on this subject, says there are perhaps three stages of this [...]

2019-01-19T12:14:58-05:00September 28th, 2016|Financial Planning & Money Management|
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