Personal Finance - North Light Financial Services

Retirement Planning With Health Care Expenses in Mind

Retirement Planning With Health Care Expenses in Mind It is only wise to consider what Medicare wont cover in the future. As you save for retirement, you also recognize the possibility of having to pay major health care costs in the future. Is there some way to plan for these expenses years in advance? Just how great might those expenses be? Theres no rote answer, of course, but recent surveys from AARP and Fidelity Investments reveal that too many baby [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:25-04:00June 5th, 2014|Health Insurance, Personal Finance, Retirement|Comments Off

Women, Longevity Risk & Retirement Saving

Women, Longevity Risk & Retirement Saving Statistics point out the need to save early, save consistently & stay invested. Will you live to be 100? If you’re a woman, your odds of becoming a centenarian are seemingly better than those of men. In the 2010 U.S. Census, over 80% of Americans aged 100 or older were women.1 Will you eventually live alone? According to the Administration on Aging (a division of the federal government’s Department of Health & Human Services), [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:25-04:00May 15th, 2014|Investing, Personal Finance, Women & Finances|Comments Off

Wise Decisions with Retirement in Mind

Wise Decisions with Retirement in Mind Certain financial & lifestyle choices may lead you toward a better future. Some retirees succeed at realizing the life they want, others don’t. Fate aside, it isn’t merely a matter of stock market performance or investment selection that makes the difference. There are certain dos and don’ts – some less apparent than others – that tend to encourage retirement happiness and comfort. Retire financially literate. Some retirees don’t know how much they don’t know. [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:26-04:00March 20th, 2014|Personal Finance, Retirement, Saving & Budgeting|Comments Off

Asset Location & Timing to Reduce Taxes in Retirement

Asset Location & Timing to Reduce Taxes in Retirement Read this if you want to preserve more of your nest egg & lower your tax bill. Location, location, location ... It matters when it comes to real estate, and it also matters when it comes to the way you hold and invest your retirement savings. You can’t control what happens with the tax code, but you can control how your savings are held. As various types of investments are taxed [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:26-04:00March 7th, 2014|Investing, Personal Finance, Stock Market|Comments Off

A Guide to 2014 Tax Law Changes

A Guide to 2014 Tax Law Changes (& More) While 2014 has not brought momentous changes to federal tax laws, there are many alterations and COLAs worth noting. In particular, the Affordable Care Act has prompted a few significant changes. Additionally, a host of tax provisions created during the recession expired at the end of last year. Some were scheduled to sunset at the end of 2012, but were extended. Their reinstatement for 2014 is left to Congress. The 2013 [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:26-04:00February 21st, 2014|Income Taxes, Personal Finance|Comments Off