AdviceIQ Articles

  • Couples Merging Finances

    When a couple weds, each in the new pair often feels pressure to marry individual finances together as well. Smart financial planning actually dictates that you don’t have to – and in many cases shouldn’t – put all your money into a single, joint account. You can enjoy both cooperation and autonomy in your financial marriage.

  • The Long Bond Rally Lives On

    For the past five years, prognosticators, legendary fund managers and other savants have predicted the end of the incredible 30-year bull market in U.S. Treasury bonds. Odds are, though, that it won’t stop soon, thanks to Treasuries’ status as a refuge in a turbulent world and the Federal Reserve’s ongoing interest in avoiding an economy-jolting rate shock.

    Whether that’s a good thing is another question. What’s for sure is that reversing the momentum of a longstanding trend of lower bond yields is not easy.

  • Divorce and Elder-Care Bills

    A confluence of circumstances can conspire against marriage amongst older couples: longevity, soaring elder-care costs and a lack of long-term care (LTC) insurance. Divorce, even if painful, may hurt less than living in near poverty until Medicaid finally kicks in to cover an ill spouse.

    Medicare insurance only covers up to 100 days of nursing care. If you or your spouse need nursing or LTC, you either pay out of pocket until your assets fall below a low threshold or tap your LTC insurance.

  • The Feel-Good Shopper

    While shopping can make you happy for a while, it has the potential to hurt your financial future in the long run. What is ominous is that half of Americans shop to feel better.

    “It’s not just shopping, it’s retail therapy.” As a bumper sticker or a joke between friends, this may be amusing. But if shopping is a significant way to relieve stress, the expression isn’t so funny.

  • Feel Richer Lately?

    Bet you don’t feel richer lately. That’s because you’re not, say some co-called experts. What’s the real danger of this?

    According to the Federal Reserve’s latest report regarding consumer finances, unless you are among the richest 10% of the population your median income stayed stagnant from 2010 to 2013. The Fed also states that not only did income drop for every other group, the gap widened between the richest and us common folk.

  • Planning Beyond Investing

    Financial advisors can reach far beyond a portfolio and investments. Most people have no idea that advisors can assist with matters as diverse as estate plans and insurance, to ensuring you invest with your head and not always your heart.

    “Emotions will overcome economic considerations every time,” said Tim Maurer, wealth advisor with Buckingham Asset Management and director of personal finance for the BAM ALLIANCE, speaking on a recent advisory panel.

  • Leaving IRA $ to Charity

    Bequeathing some assets to your favorite charity, rather than leaving it to your heirs, can spare them potential tax headaches and help a needy cause in times of tight budgets. Before you donate, though, think how your heirs might react and do your homework on the charity itself.

  • Bond Fund Prices Stale?

    Beware of buying bond funds whose prices are stale, giving speculators an opening. With some seldom-traded categories, like junk bonds, old prices can make the funds holding them cheaper – or more expensive – than they should be.

    Bonds, unlike stocks, aren’t traded on central exchanges. So, for instance, when some junk issues are lightly traded, reporting on their current prices takes a while to catch up. The price you pay for a fund is based on those of the individual bonds in its portfolio.

  • Late Savers’ To-do List

    The youngest baby boomers are turning 50 this year. If you haven’t already, it’s about time to give retirement planning some serious thoughts. Advisors have a list of basic must-dos for people in this life stage.

    “People who come to me in their 40s and 50s are really looking at maximizing everything they can do to prepare for retirement,” said Eve Kaplan, founder of Kaplan Financial Advisors during an advisor panel.

  • Ebola and Travel Dreams

    The West African Ebola outbreak has made headlines. Should you be afraid of this hideous disease? I’m off for a trip to Africa: Should I be afraid? No and no. Unreasonable fear should not deter you from travel.


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