Alhambra's Bob Williams discusses Medicare's part in Long Term Care, and what to ask if you're considering long-term care insurance.
One of the questions that have to be answered when planning for retirement is, “Where’s my income going to come from.” Identifying the income is a necessary first step when you’re planning. But people often miss the second step—how much of that income will be taxed? Uncle Sam doesn’t...
There have been a lot of significant additions to American society during the life of the Baby Boom Generation—TV remotes, cell phones, the internet, DNA fingerprinting, Viagra and… Gray Divorce. The overall national divorce rate has been going down for the past 20 years, but divorces among people 50...
Alhambra's Bob Williams answers a viewer question about deciding when to begin Social Security.
Every little bit helps, especially in the worst inflationary period in 40 years. But for people who have to take Required Minimum Distributions (RMD) from Traditional IRAs, Inherited IRAs, and Retirement Plans, there’s good news. Beginning in 2022, the amount you’re required to withdraw goes down meaning your tax...
The seven deadliest words in the English language—We’ve never done it this way before. And that certainly applies to Baby Boomers whose prospects for retirement are different than any preceding generation.
Many Boomers, those born between 1946 and 1964, have made their retirement plans based on their parent's generation. The...
Oh, the day you can hang up your career and ease into that status you’ve been working toward most of your adult life, the place that brings a smile to your face, your happy place where you no longer answer to an employer, where you set your own schedule—that...
Hey, what is there to know about Social Security? While you’re working taxes are taken out of your paycheck and when you retire Social Security pays you. How easy is that?
It’s true, taxes are taken out of your check. And it’s true Social Security pays you when you retire....
When Medicare announced a 14.5% increase in 2022 Part B premiums there was shock and outrage. That’s more than double the already skyrocketing inflation rate in the U.S. Medicare said the hefty increase was necessary because they expected a large percentage of Medicare patients would be prescribed a controversial...
There’s an old country song that says, Everybody wants to go to heaven, but nobody wants to go now. Something similar can be said of retirement in America. Everybody wants to retire, they just can’t do it now. It’s not because they don’t want to. It’s because they can’t....