by Richard London CFP | Aug 4, 2016 | Financial
Reporting to Protect Seniors From Financial Abuse July 5th, 2016 marked the passing of The Senior Safe Act of 2016. What this bill means to you, and the financial services industry, is another layer of protection for seniors who may be, or are, at risk of financial...
by Richard London CFP | Jul 5, 2016 | Financial
Do You Need Long-Term Care Insurance? As Baby Boomers age, one of the planning decisions that needs to be made is how to go about providing for their long-term care needs. The cost of a one-year stay in a nursing home varies widely across the country. According to...
by Richard London CFP | Jun 3, 2016 | Financial
Retirement is a time of excitement and anxiety regarding if your savings will last through your entire remaining life. Many retirees find that their spending is more costly in the beginning, and slows as they age. If you are sure you’ll be cutting back as you age,...
by Richard London CFP | Jun 1, 2016 | Financial
Mental Accounting: Help or Hindrance? Mental Accounting attempts to describe the process where people code, categorize, and evaluate economic outcomes for their money. This term was developed by psychologist Richard Thaler in the late1980s when he discovered that...
by Richard London CFP | May 19, 2016 | Financial
What To Do With Your Inheritance Doing your homework and seeking advice is highly recommended when an individual or family is faced with what to do with an inheritance. Understanding your options is crucial in a potential life changing event. Inheritance...
by Richard London CFP | May 16, 2016 | Financial
In recent years many large employers have offered former employees who are not yet at retirement age the option to take a pension buyout. These offers usually offer several options Take the value of your pension as a lump-sum payment which can be rolled over to an...