Money Matters

10 Posts in this category
Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum August 25, 2009

Your Money Matters
Should I Rollover My 401(k) to an IRA?

By Michael Chamberlain, CFP

OK, so you have gone ahead and retired. Now you are wondering, “What should I do with my 401(k); leave it where it’s at or convert to an IRA?

Unfortunately, it’s not a simple question to answer. It depends upon your choice of investments as …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – August 18, 2009

Getting Objective Financial Advice in these Trying Times

Making good financial decisions is more important now than ever with the meltdown of the stock market, low interest rates at banks and a slowdown in the economy. Good advice is the basis to good decisions.

The options for finding financial advice are endless. Magazines, books, neighbors or friends, TV and the …

Posted By: CFP&WM On: Feb 22nd, 2010 In: General info Money Matters

The “Best” Online Broker Dealer

Determining which online broker dealer is best is not an easy task because it depends on what services are most important to you.

Originally there was only full-service brokerages like Dean Witter, Merrill Lynch and Smith Barney. Their fees and commissions were high but that was the only way to trade stocks and bonds. Then came the development of the …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Understanding Your Investment Costs

Senior Spectrum – August 11, 2009

In this low interest rate environment and with the stock market having tanked, saving a dollar can be easier than making one. Depending upon the size of your portfolio, cutting your investment costs could save you a bundle.

One client recently said, “What investment cost? I don’t pay any costs.” What he meant was …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – September 29, 2009

Issues to Consider Before You Get Married

A fair number of us over the age of 55 are single, and if we are lucky, there is a chance that we may fall in love. The question is: “Does getting married make sense at this point in our lives?”

Years ago, I was working with a couple, and the husband had …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – September 15, 2009

Financial Planning at My Age?

Many people do not fully understand what Financial Planning is all about in the first place so they cannot really know if they would benefit from a plan.

In a nutshell, Financial Planning is a method of achieving the type of life that you plan for. Unfortunately many people do not plan and they end …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – October 6, 2009

Debt Collection – Know your Rights

It can happen to anyone, at any time. A loss of the job, sudden catastrophic illness or some other unplanned emergency arises and even good people can fall behind in debts.

You may have received some written notices from, a credit card company, hospital or whoever else if you do not respond the phone …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – October 27, 2009

Beware of Bogus E-mail to Obtain Personal Data

The use of e-mail is increasing by all groups, including retirees. Unfortunately criminals are also increasingly turning to e-mail as a means to defraud individuals.

I recently returned to the office after being out of town for three days and checked my e-mail. I found three e-mails that were apparently from Bank

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – October 20, 2009

Social Security Beneficiaries May Get Double Whammy

Social Security beneficiaries usually see their monthly benefits increase once a year, based on the cost of living escalators. These have usually been in the range of 1-4% per year. That could change in the next 3 years.

With the current state of the economy, the Congressional Budget Office projects an actual decline …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – November 3, 2009

Words of Wisdom Still Apply

John F. Kennedy asked of his fellow Americans in his inaugural speech: Ask not what your country can do for you – ask what you can do for your country. This is perhaps more appropriate now then it was when he said it almost 50 years ago.

Currently this country is in a sad state …