Just Don't Lose The Money

Retirement And Income Planning in Boston, MA

4 Reasons to Own an Annuity

Now that the Powerball winner has come forward to claim her prize of $758 million (before taxes), you can’t turn on the television or radio without hearing the word “annuity.” The winner of the lottery had a very important choice to make, and that was whether to an after tax lump sum, or the pay taxes and receive income for life. This got me thinking about the number of people who don’t understand exactly what an annuity is and how it can be beneficial to their lives when used in the following situations:
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Life Insurance Awareness Month

I was Driving down the Mass Pike this past weekend and saw a billboard that really caught my attention. It read, "We spend more time liking Facebook posts than we do planning for retirement." Isn't that the truth? Part of a good overall financial plan is to have enough in retirement, but it's just as crucial to have enough to cover the unexpected.
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3 Things You Need To Know When Planning For Retirement

Introduction: For most of my adult life and career as a broadcast journalist, I focused on daily challenges and deadlines. I worked really hard as a consumer reporter and advocate, protecting people from scams and rip-offs, providing information and advising them on what NOT to do; how NOT to waste their money. Now, after retiring from television news, I'm doing the same thing, but in a different way - telling people what they SHOULD do to protect themselves, their money and their futures.
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The Four Main Steps to the Probate Process

INTRODUCTION: Probate is a legal proceeding conducted by a state court that oversees and manages the distribution of your property and estate after you die. Probate rules vary from state to state, but the main purpose of probate is to clear title ownership on your property so that it can pass from you to your beneficiaries as dictated by your will or by the laws of intestacy, if you don’t have a will. The probate process ends in a decree from the court that provides evidence that title has transferred and ensures that the property goes to those family members and loved ones you want to receive it.
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Annuity Awareness Month in Massachusetts

June is annuity awareness month. How did this come about and why? In 2015, The Commonwealth of Massachusetts proclaimed June Annuity Awareness Month, to "educate consumers on annuity benefits, support them in considering annuities... and encourage them to seek professional advice for implementing annuities effectively in their income and legacy planning."
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