Can you imagine how frustrating it would be to run a race where you didn't know where the finish line was or when it was going to come? Have you ever thought about setting a "finish line" in your finances? What does that mean and what are its advantages? If you have more than you need, consider that the "extra" might be for someone else. We live as the top 1% in the world in regard to wealth and comfort. Isn't it funny, though, how each of us still feels like we want/need more? If … [Read more...]

Have you ever wondered what happens to all your accounts when you die? I mean… who gets it, legally? In today's article will discuss the different ways in which we pass things that we own on… Either intentionally or unintentionally. Accounts such as bank and investment accounts pass on based upon how they are titled or registered. IRA. 401(k), Annuity accounts: These accounts will pass according to the beneficiary designation elected. It is important to review all these accounts to … [Read more...]

Medicare and Social Security go hand in hand...but they are such different knowledge sets. Although I am a National Social Security Advisor, I have always looked to my colleague Paul Davis as the Medicare expert.  Recently he agreed to create a bonus module on Medicare for our online “Maximizing Social Security” course. I’d love for you to have free access to it. Just click on the link below to enroll: https://stewardshipsolution.thinkific.com/ Once inside, scroll down to the … [Read more...]

The ultimate question for the retiree is, "How much is enough for retirement?"  There is an answer, unique to each individual and couple, and it can be discovered for maximum retirement peace of mind. That is why I am extremely excited about the new release of our online course "Ready 2 Retire"! In it, I reveal a simple and straightforward retirement planning process that will help you quantify how much is enough. You will: 1. Maximize Income 2. Optimize Assets 3. Minimize … [Read more...]

If you're doing retirement planning, you'll probably get to the step where you need to estimate your retirement expenses versus your retirement income. I complete this step all the time with prospective clients in our initial meeting and so I've learned the best way to do it without overwhelming them. It might be tempting to break out the spreadsheet, start a Quicken subscription, or build a detailed budget. But there's a simpler way to get started at the beginning. Conceptually it … [Read more...]