a new model for aging
Home Town: Satellite Beach, FL Location: Sandwich, IL Biography: Dano W. LoPresti is an independent CERTIFIED FINANCIAL PLANNER™ (CFP®), CHARTED FINANCIAL CONSULTANT™ (ChFC®) and an ACCREDITED INVESTMENT FIDUCIARY™ (AIF®) with Legacy Financial Planning. He specializes in life insurance, investment management, retirement planning and retirement income planning … [Read more...]
Millions of Americans each year are entering into a dramatically different phase of their financial lives. As they transition from full-time work into retirement, they are moving from "accumulation" - building wealth through savings in their working years - to "distribution," drawing on savings for income they can rely on for the rest of their lives. Those life savings will also be a source for … [Read more...]
As life expectancies increase and people spend more years in retirement, money set aside to pay for health care will have to last longer as well. Factoring in health care expenses has become a critical part of retirement planning. Steps you can take to help manage your health care cost should help to ease your mind and budget when you arrive at retirement: 1. Understand your health insurance … [Read more...]
Advance Planning Is Critical and May Help Lower Costs, Saving Your Retirement Rising health care costs and longer life expectancies are a bigger issue now than it was a generation ago. No matter what, medical expenses will likely take a big chunk of everybody’s retirement savings. Most of us look forward to the time we can shift gears, worry less and enjoy a slower, less stressed pace of … [Read more...]
Social Security Retirement Benefits are critical to retirement income planning, in fact, when to elect Social Security may be the most important decision of your retirement. This one decision can impact your retirement by tens of thousands of dollars! Read Part 1 of The Truth About Your Social Security Retirement Benefits Social Security Retirement Benefits were NOT designed to replace … [Read more...]
Social Security Retirement Benefits are critical to retirement income planning, in fact, when to elect Social Security may be the most important decision of your retirement. This one decision can impact your retirement by tens of thousands of dollars! By Dano W. LoPresti, CFP®, ChFC®, AIF® Social Security is always a hot button topic during the political campaigns, and for good reason. A … [Read more...]