Blog

Paying for health care in retirement is not an easy task. Despite rising costs and increasingly complex coverage requirements, you can take steps today to help ensure you’re not struggling tomorrow. As you explore your own retirement planning and health-care expenses, here are some facts to keep in mind:

Generally speaking, conversations about life insurance revolve around whether you should buy term or permanent insurance. However, every decision to buy life insurance begins with deciding what is the right amount of life insurance. And, integral to determining the right amount of life insurance is understanding the role of your Social Security Survivorship Benefit (SSSB).

Remember back to your first paycheck. The moment you opened the envelope anticipating the windfall when all your hard work pays off. Then, realty hits. Your takeaway earnings are almost always lower than what you expected.

Please know that our firm, RMR Advisors, is not selling a service nor are we paid in any manner to share this information. We simply feel compelled to share what we have learned while working in the industry and servicing our clients’ businesses.

We are very excited to share that Dara Biederman is now back at RMR Advisors! After working with Susan and Erik for several years, Dara left RMR in January 2011 to accept a compliance position at the State of Wisconsin Investment Board (SWIB).

The recent international, internet ransomware attack has prompted us to review some basic internet safety practices:

• Never click on links, read emails or open attachments from people you don’t know or companies you don’t do business with.

Regardless of what the market does in the short term, your goals in life don’t go away. All the important goals in life need a well-developed plan. How well are you planning these days?

Happy spring! Today is the first official day of spring (3/20/17) and as we eagerly look forward to warmer weather, the flowers returning and days with more sunlight another tradition is just around the corner. Spring cleaning is defined as “a thorough cleaning of a house or room, typically undertaken in spring.” But perhaps it can be more than that.

As tax season is in full swing, we found some helpful suggestions from the IRS website (www.irs.gov) with some steps you can take to protect your personal and financial information.

The beginning of the New Year often stirs up hopes and dreams and we often make some resolutions. Getting back in the gym, losing weight, and eating clean, are usually at the top of the list, but what about your finances? The health of your accounts, spending habits, and investments are just as important to evaluate.