Clarksville, TN Online: News, Opinion, Arts & Entertainment.


Topic: Social Security

Frazier Allen: Are You Ready for an Encore Career?

 

F&M Investment Services - Raymond JamesClarksville, TN – Four and a half million. That’s how many retired Americans, over age 50, decided to go back to work or take on part-time volunteer roles after retiring. And there are another 21 million who say they’re ready to join them, according to a 2014 Encore Career survey.

The reasons vary. Some want to make the most of their talents; some want social interaction; still others seek to keep their minds sharp and their bodies busy. The extra money doesn’t hurt either, especially since there are several unknowns that can cloud your retirement picture (e.g., longevity, inflation and long-term care needs).

More and more Americans are going back to work or volunteering after retirement.

More and more Americans are going back to work or volunteering after retirement.

«Read the rest of this article»

Sections: Business | No Comments
 

Frazier Allen: Four Smart Withdrawal Strategies

 

F&M Investment Services - Raymond JamesClarksville, TN – It’s official. You’re retired. As in, your days are yours alone. No early morning meetings. No deadlines. No paycheck.

Wait. What?

Without a job, you’ll no longer receive a salary. Something you’ve likely relied on every couple of weeks for the past 40 to 50 years.

It’s unlikely that Social Security alone will be enough to replace that flow of income and fully support your standard of living in retirement, which means it’s time to start drawing down the retirement income you’ve saved so diligently over the years.

Tennessee Department of Commerce and Insurance gives tips to protect you savings.

Tennessee Department of Commerce and Insurance gives tips to protect you savings.

«Read the rest of this article»

Sections: Business | No Comments
 

Tennessee Consumer Affairs says It’s Never Too Early To Protect Children’s Information

 

Tennessee Department of Commerce and InsuranceNashville, TN – Identity thieves don’t care whether their victims are old or young.  All they care about is stealing valuable information they can use in their frauds and schemes.

As the new school year kicks into high gear, the Tennessee Department of Commerce & Insurance’s (TDCI) Division of Consumer Affairs reminds busy parents not to take their children’s personal information for granted or falsely assume that identity thieves won’t target their children.

Tennessee Department of Commerce & Insurance Urges Parents to Learn Good ID Protection Habits.

Tennessee Department of Commerce & Insurance Urges Parents to Learn Good ID Protection Habits.

«Read the rest of this article»

Sections: News | No Comments
 


Frazier Allen: Social Security Myths and Misconceptions

 

F&M Investment Services - Raymond JamesClarksville, TN – There’s no doubt about it. Filing for Social Security can be daunting.

On top of all that, there’s a ton of information – and misinformation – to weed through, as well as the need for some calculations based on several variables. Your benefits depend on your age, how long you’ve worked, what you earned, your marital status and number of dependents.

Seems like you have to factor in everything but your IQ. So to help, we offer some common misconceptions as well as some guidance on ways to get the most from your hard earned retirement benefits.

What you don't know you don't know and what you can do about it.

What you don’t know you don’t know and what you can do about it.

«Read the rest of this article»

Sections: Business | No Comments
 

On Being a Widow

 

CommentaryClarksville, TN – If your marriage has been happy, as ours was for the 23 years we were together, the idea of being a widow is not one you ever want to encounter.

My husband’s health had been deteriorating for 12 years but death was not something we considered an immediate possibility. Life had another scenario in mind so on February 1st, I became a widow.

Although we had discussed what arrangements my husband wanted at his death, I had not fully comprehended what was facing me.

Coping with the loss of a spouse.

Coping with the loss of a spouse.

«Read the rest of this article»

Sections: Commentary | No Comments
 

Frazier Allen: Your Retirement Plan B

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Imagine this. You’ve spent decades working, saving and planning for your version of the ideal retirement.

But life decides to throw a little kink into your plans. Your company was just acquired, and your boss is now strongly encouraging you to take an early retirement – five years before you’re ready.

Take the time to design an alternative retirement plan should retirement come earlier than expected.

Take the time to design an alternative retirement plan should retirement come earlier than expected.

«Read the rest of this article»

Sections: Business | No Comments
 

Frazier Allen: The new Social Security claiming rules

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Growing up, many of us viewed Social Security as a continuation of our work income, something we’d automatically receive upon retirement. Then reality struck, and we learned there’s more to claiming and receiving Social Security benefits.

So much more. And the strategies to maximize this important source of retirement income can be complicated.

One strategy, known as “file and suspend,” became popular among married couples. The higher earning spouse would file for Social Security benefits once he or she reached full retirement age (FRA) – and immediately suspend them.

Goodbye, File and Suspend. Now What? New rules eliminated this Social Security claiming strategy, but there are other options.

Goodbye, File and Suspend. Now What? New rules eliminated this Social Security claiming strategy, but there are other options.

«Read the rest of this article»

Sections: Business | No Comments
 


Clarksville Weekly Market Snapshot from Frazier Allen for the week of May 10th, 2016

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The economic data were mixed, but generally consistent with moderately strong economic growth in the near term. Motor vehicle sales rebounded in April, from what appears to have been an Easter-related decline in March.

The ISM surveys split; manufacturing a bit softer, non-manufacturing a bit stronger. Nonfarm payrolls rose by 160,000 in the initial estimate for April, below the median forecast (+200,000), but not horrible (note that the economy added 1.057 million jobs before seasonal adjustment).

Frazier Allen

Frazier Allen

«Read the rest of this article»

Sections: Business | No Comments
 

Frazier Allen: Beware of Costly Surprises in Retirement

 

F&M Investment Services - Raymond JamesClarksville, TN – Achieving a successful retirement requires not only planning for what you want to go right, but also for what might go wrong.

Many investors have found that retirement can bring on unwelcome surprises, some of them significant enough to derail a retirement plan.

Healthcare Costs: Expert estimates of what a couple spends during retirement for healthcare range from $400,000 to well over $1 million.

Planning ahead can help you get the jump on some of these surprise costs.

Planning ahead can help you get the jump on some of these surprise costs.

«Read the rest of this article»

Sections: Business | No Comments
 

Frazier Allen lists 12 Resolutions for 2016

 

Start the New Year right by reviewing and revamping your financial plan.

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Instead of hauling out those familiar New Year’s resolutions about eating less and exercising more, how about focusing on something that’s also very good for you in the long run- and even sooner? We’re talking about your financial plan – your fiscal health, if you will.

The approach of 2016 is a great time to review your plan and make whatever revisions might be indicated. With that in mind, here are 12 suggested resolutions that, if followed, will go a long ways toward helping to ensure that your later years will be financially secure.

Frazier Allen

Frazier Allen

«Read the rest of this article»

Sections: Business | No Comments
 


Page 1 of 41234

  • Visit Us On FacebookVisit Us On TwitterVisit Us On GooglePlusVisit Us On PinterestVisit Us On YoutubeCheck Our Feed
  • Personal Controls

    Archives