Single in retirement
By Eric Reich Saving for retirement can be challenging for many couples. The risk of a longer life than normal can deplete savings quickly. Couples, however, have a distinct advantage over those who enter retirement single. Couples have two Social Security benefits,...The case against waiting to take Social Security
By Eric Reich Common advice from the financial advisor world is to always wait as long as possible before beginning to take your Social Security benefits. The most frequent reason behind that advice is that Social Security benefits increase by 8% per year. The longer...Investment income’s hidden costs
By Eric Reich One of the areas of investing that you will often hear me stress, in addition to returns and fees, is, of course, taxes. Taxes, like fees, reduce your overall net returns. Remember, it isn’t what you make; it’s what you keep that matters....What to consider about moving in retirement
By Eric Reich “I’m retiring and I can’t wait to get out of here!” That’s a phrase I hear a lot as an advisor to retirees. Many retirees are looking to relocate due to any number of reasons including warmer weather, lower taxes, a more laid-back environment, etc. I...Meeting a new financial advisor
By Eric Reich One of the reasons many people don’t seek out professional help from financial advisors is that they feel intimidated by the process or simply by the unknown. Fear of the unknown is pretty much a universal fear. This week, I wanted to discuss what the...
