Boomers Look to Retirement Coaches

From hippies to corporate titans, the Baby Boomers took America by storm, the size of their numbers and the force of their convictions shaping our nation in ways small and large. But now the first wave is at retirement age, and for the first time in their lives they are adrift, unsure of themselves when… Read More »

Gambling Addiction Hits Seniors Hard

For seniors, financial pitfalls come in many forms: Ponzi schemes, Internet scams, a relative who takes advantage of them. But many also see their life savings slip away— and into casino coffers — because of their own actions. The AARP cites studies that estimate Americans lost $100 billion gambling in 2008 alone and that 4… Read More »

Bond Market Worries Strategists

Bond. James Bond. If your clients had invested in the latest installment of the James Bond series, the $1 billion-plus grossing “Skyfall,” they would have a much better return on their investment than what they’ll get in the U.S. bond market this year. That’s the word from investment analysts (without the James Bond reference), so… Read More »

Help Clients Prevent Alzheimer’s from Destroying a Family’s Financial Future

Alzheimer’s disease, and the demands it places on a caregiver’s time and energy, can devastate a family’s emotional resources. It can devastate the family’s bank account, too. According to the Alzheimer’s Association, 5.4 million Americans are living with it, and one in eight older Americans is afflicted with the progressive, incurable disease. The association says… Read More »

Deadline Looming on Gift-Tax Rules

Time is running out for your wealthy clients to take advantage of the generous 2010 tax laws that lowered gift tax exemption amounts and tax rates. Currently, lifetime gift-tax exemptions are at $5 million per individual and $10 million for married couples — but those limits are set to dwindle dramatically to $1 million for… Read More »

Advance Directives Could Have Saved ‘Legally Blonde’ Actress a Day in Court

Guardianship over a relative is much more difficult to obtain after a loved one has already become legally incompetent due to physical or mental illness. Lengthy, costly and heartbreaking court proceedings can be avoided with advance directives. As advisors, we have an obligation to ensure that clients understand the importance of having these documents in… Read More »