Index To Retirement Content

If what you thought was the best way to plan for retirement? Turned out not to be, when would you want to know? If you did realize that what you were doing was not the best way, would you do something about it? The fact that you're here exemplifies your desire to learn. Discover more about retirement planning today.

Municipal Bond? Safe or Sham?

State College, PA – It has happened again!  Investors depending on municipal bonds for a secure retirement should be concerned.  For the second time in three years, the Security and Exchange Commission has slapped another state with securities fraud.  Recently, the SEC charged Illinois with misleading its municipal bond investors. In a press release, the […]

College Potential Not Promise

I was reading an article recently talking about reinventing college planning. This newly compiled data offers some interesting talking points or conversational topics. It’s estimated that by 2020, 65% of all jobs will require a post secondary education. They argue that having fewer degrees threatens our global competitiveness. I really can’t speak to that out […]

Income – Reverse Engineerin​g

A recent article talked about how a multiplier of eight times your income is the approximate size of the nest egg one would need in order to retire comfortably. In our planning process we prefer not to pull numbers out of the air. Is eight the right number? It may be or may not be. […]

LTC Plan Design: Half a Loaf is Better Than None

State College, PA – Many years ago one of my mentors was famous for saying, “Half a loaf is better than none”. Maybe you’ve heard this old saying. It implies that it’s better to get half of something, than lose out accepting only the whole. I think of this phrase often when designing long-term care […]

What is the “New View” of Retirement?

State College, PA – Many of us today get all caught up in everyday living that we don’t put much priority on looking ahead into our “Golden Years” of retirement. We can no longer plan like our parents and grandparents. – It’s important to determine the amount of money that you will need in retirement […]

Don’t You Bet Your Life On It!

This is a famous line, used many times, by the western actor John Wayne. When you think about it, every day we bet our life on decisions we make, from running the yellow light in our automobile, to not reading directions on the medication we might be taking. We of course make many of these […]

Hey Brother, Can You Spare a Dime?

Does it make sense to rely on CD’s for your retirement? Looking at inflation and monetary policy of the past, it’s not a good idea! But yet I see this 1980’s era retirement plan all the time. Back in 1981, a one-year Certificate of Deposit might have paid 15%. Not any longer, that’s for sure. […]

Medicare Enrollment

I hope this finds you well! I have had a number of inquiries about Medicare recently. At the bottom you will find a link to a short video where we outlined the Medicare plan and the enrollment time frames, as well as penalties that can be avoided.

What Would Grandpa Say?

Many of you may already know we are not fans of municipal bonds. In fact, we do not hold any municipal bonds in any of our investment portfolios because we think they are too risky. I bet that surprises a lot of people, especially retirees. My astute, well read, late grandfather would be shocked to hear this, having retired from Ma Bell after 42 years, an old school, buy American, blue chip investor. That’s because many advisors routinely recommend that retirees buy and live off of the income generated by supposedly safe individual municipal bonds.

Bonds: Strategies or Schemes

According to Fortune Magazine, Warren Buffett, the Oracle from Omaha, will soon release his annual shareholder letter pointing out that “money-market funds, bonds, mortgages, bank deposits…are thought of as ‘safe.’ In truth they are among the most dangerous of assets…their risk is huge.”

Further in the letter, Mr. Buffet writes that “Right now bonds should come with a warning label.” Why is Mr. Buffett so concerned about these types of investments, many of which are embraced by retirees in their search for a safe haven for their IRAs and 401(k)s?

Progress Not Perfection

It's Your Money
Progress Not Perfection
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This week Paul Nichol’s, the president of Financial Abundance, rant is about focusing on progress not perfection. Perfection is unattainable. The “Investor Coach” hits another home run this week!

Financial Abundance, Inc., a Registered Investment Advisor based in Central Pennsylvania with offices in State College and Lewisburg in Centre County.

Visit Financial Abundance’s website and send Paul a note about the show or a question that you would like to have answered under the “Ask the Coach” link.

http://www.FinancialAbundanceInc.com or 866-867-5745

Needs vs. Wants

It's Your Money
Needs vs. Wants
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This week Paul Nichols, the president of Financial Abundance, and Deb Seaward pull back the curtain on the investment industry and talk about your needs versus wants. Is retirement an age level or a income level? Have you ever calculated your endgame? What income do you need to retire on versus the income you want to retire on? The “Investor Coach” hits another home run this week!

Financial Abundance, Inc., a Registered Investment Advisor based in Central Pennsylvania with offices in State College and Lewisburg in Centre County.

Visit Financial Abundance’s website and send Paul a note about the show or a question that you would like to have answered under the “Ask the Coach” link.

http://www.FinancialAbundanceInc.com or 866-867-5745

Income For Life Retirement Planning

Income planning is the area that is most requested by individuals that are seeking financial planning help today. As a financial professional I’ve observed this area has the least amount of understanding. The distribution of the estates it’s not something the financial services industry finds paramount, rather the accumulation and collection of assets in the focus. The […]

30 Day Challenge for Wealth Management

In my life I’ve been very fortunate to have had several mentors! The one that had the most impact was tough but gentle, an extremely successful businessman. On one occasion he made a comment that I took offense “you’re a spendthrift “. I remember my reply ” are you crazy, based on my meager income […]

Pension Maximization Strategy

PMS, a strategy that can be employed by a pre retiree when activating a employer defined benefit plan, more commonly known as a pension. The concept: there are multiple pay out choices available to the retiree. One choice maybe for a straight life payout compared to a spousal benefit residual pay out. A straight life […]