The Complete Cardinal Guide
TO PLANNING FOR AND LIVING IN
RETIREMENT
WE HELP YOU EMBRACE THE 7 WORRIES IN RETIREMENT
A Guide to IRA Relief from the CARES Act
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, passed March 27, 2020, offers relief for qualified individuals suffering from COVID-19, specifically in terms of your retirement accounts. Make sure to not pull out or put money into these retirement...
Affordable Long Term Care Insurance (even with pre-existing conditions)
Traditional long term care insurance can be expensive, and while not without reason, we understand it is just not realistic for a lot of people’s budgets. One alternative to traditional long term care insurance is short term care insurance, which allows you to...
Everything You Need to Know about Medicare Part A and Part B
If you are turning 65, or about to lose your work insurance, it is crucial to understand Part A and Part B of Medicare. The industry can make Medicare really confusing and hard to understand, but we want to break it down for you so that you can have the knowledge to...
Wait, Social Security is an Annuity?
Social Security is the foundation of the average person’s retirement plan. Social Security is an annuity that every qualified beneficiary receives, but it might not be enough to live off of in retirement. Make sure you understand how Social Security works and how it...
How to Take Advantage of Low Tax Rates for Retirement
In 2017, the Tax Cuts and Job Act was passed, significantly lowering personal tax rates. While most people see this as an opportunity to get a larger refund check, there is a lot more you can do to take advantage of these rates. Understanding tax rates, the rate...
When is the last time you updated your Beneficiary Designations?
After you die, do you know who you want to receive your money? Are you sure they are going to be the one who gets it? We have seen many instances where, because beneficiary designations were not given the attention they deserved, the wrong person got the money. ...
Types of Long Term Care Settings (& insurance options to cover them)
Long term care refers to a broad range of services delivering assistance to individuals who cannot live independently. It does not just mean nursing home. When making a long term care plan, it is important to not only look at the costs of services, but what is going...
Can I take money from my IRA or 401k early?
Most Americans have retirement savings in an IRA or 401k account. This money is meant to create an income for you in retirement. Before reaching retirement, unforeseen circumstances can arise, and if money is needed, many people look to these accounts. If you are...
What is my risk tolerance in retirement?
Risk and reward go hand in hand. Many people focus on the reward that can come from investing and lose focus when it comes to the chance of loss. All investments involve some degree of risk. It is important to understand the level of risk you are willing to take on,...
Social Security Timing: It’s More Than Your Age
When you are getting close to retirement, one of the biggest decisions you face is when to start your Social Security check. While much of the decision is based on your age, there are other factors you should consider. You want to be sure you make the right decision...
