by Robert Sechrist | Feb 13, 2023 | retirement
Although many view inflation as a short-term issue, the ramifications stemming from a higher cost of living can wreak havoc on one’s long-term financial planning. This is particularly true for adults approaching or planning for retirement. Inflation is transitory, but...
by Robert Sechrist | Jan 9, 2023 | financial planning, retirement
Healthcare is one of the biggest costs you will face in retirement. In fact, by many estimates, it’s the single biggest cost for retirees. A representative study by Fidelity found that a 65-year-old couple in 2022 will need more than $315,000 to cover their healthcare...
by Robert Sechrist | Dec 19, 2022 | financial planning
KEY POINTS Humans evolved with a powerful bias against loss. That cognitive impulse helped humans survive, but impedes many investors from making sound decisions. “Loss aversion bias” causes people to invest too conservatively, sell stocks during downturns to avoid...
by Robert Sechrist | Dec 12, 2022 | financial planning
I asked a financial advisor to review my portfolio and share 6 ways I can recession-proof my finances before it’s too late I shared my finances with an advisor to get his advice for preparing for a recession. He said to make sure my cash is earning money, get...
by Robert Sechrist | Dec 5, 2022 | Taxes
Consider these four proactive planning moves from our expert that may help you lower your 2022 tax bill. If you are feeling deflated by several months of soaring inflation, investment market losses, and interest rate hikes, there is still time to save money on taxes...
