Scammers Targeting Vulnerable Elderly

FoxBusiness.com

reposted from FoxBusiness.comby: Andrea MuradOctober 29, 2014 Financial fraud is devastating to everyone, but it can hit the elderly especially hard. “If you’re 20 [years old] and something happens to you financially, you have a long time to make a difference,” says Mackey McNeill, founder, president and CEO of Mackey Advisors. “If you’re older and… Read More

Social Security and Medicare Figures for 2015

New figures announced The Social Security Administration (SSA) has announced that Social Security and SSI beneficiaries will receive a 1.7% cost-of-living adjustment (COLA) for 2015. According to the SSA’s announcement, after the COLA, the estimated average monthly retirement benefit payable in January 2015 will be $1,328. The Centers for Medicare & Medicaid Services (CMS) has… Read More

14 Ways to Survive the Holidays Without Breaking the Bank

Anyone who knows me well is aware of the fact that I go a little overboard during the holidays. I overload on movies like Elf, A Muppets Christmas Carol, and A Christmas Story. I have the Pandora Holiday station churning out one-hit wonders, and old standards. It is also not uncommon to see my best… Read More

Sustainable Withdrawal Rates – Part 2

As mentioned in part I: Sustainable Withdrawal Rates, estimating the correct amount to withdraw from your retirement savings is critical in ensuring you make your investments last for your entire life as well as your spouses. Part II focuses on the various techniques that can be employed to minimize the risk associated with outliving your… Read More

Judge/Executive Elect Knochelmann Announces Task Force to Assess CVG Board Structure

BizJournals.com

reposted from Cincinnati Business CourierOctober 17, 2014 Kenton County Judge/Executive Elect Kris Knochelmann has announced the creation of a task force to develop a recommended CVG Airport board structure. The task force’s work will be reported by the end of the year to the Kenton County Fiscal Court and Northern Kentucky Legislative Caucus. “The success… Read More

Sustainable Withdrawal Rates – Part 1

You’ve worked hard your entire life and you’ve saved diligently to make sure you’d have financial freedom in retirement. Now that you are either in retirement or getting close to it, you need to make sure your finances, i.e. what you have in your retirement portfolio, lasts the rest of your life and possibly that… Read More

Do you really own a business?

Or does it own you?

As business owners, it is so easy to let the business become your life. So much to do, so little time. At least that is what we tell ourselves. For life to be worthwhile, it needs balance, and most business owners I meet have precious little of that in their lives. I think we have… Read More

Market volatility is up… So what?

Professional investors know something that most people find impossible to believe: that the threat of scary ups and downs in the markets is by far the best friend of the long-term investor. Why? Because over the long term, stocks have provided returns far higher than bonds or cash. If it weren’t for the occasional dizzying… Read More

How to Buy Long-Term Care Insurance

Kiplinger.com

reposted from Kiplinger.comby: Kimberly LankfordFrom Kiplinger’s Personal Finance, November 2014   Mackey McNeill, a CPA and personal financial specialist in Bellevue, Ky., talks with clients in their fifties and early sixties about protecting their retirement savings from potential long-term-care expenses—which currently average more than $85,000 a year for a private room in a nursing home. But when McNeill turned… Read More