Posts by Paula Miles

Recession and Retirement 


There has been a lot of chatter recently by economists and news outlets using the word “recession”.  Understanding that it could happen and understanding how to handle it are different matters.   If you are one of those nearing retirement or in retirement that has no strategy, you may be right to worry.  Planning for…

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Grandparents Raising Grandchildren

Raising children is something often done by parents in the prime of their life, typically between the ages of 20 and 50. By the time retirement comes around, most of the children are off on their own, leaving the parents to finally take a well-deserved rest. Aside from occasional contact with their young grandchildren, grandparents…

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Bad Idea? Women Leave Money Decisions To Their Spouse

When couples get married the finances are sometimes left to one person. It might be rare for both parties in a marriage to handle the finances together. In some cases, it is the wife that is leaving the husband to handle all financial issues. This may be common in some relationships, but it may not…

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How To Handle Market Volatility

Looking back at the past few weeks, the market has made some investors nervous.  Market volatility can lead to some serious stress but what are the best ways to respond to this uneasy feeling?  When dealing with market volatility, it’s important to keep several things in mind to avoid making major mistakes. Have a Plan…

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The Unexpected Can Occur At Any Age

This topic is not comfortable for everyone to talk about but planning now can make a world of difference later.   More than a third of long-term care residents are younger than 65 years of age. This statistic reminds us that we should prepare for the future, and the earlier you start preparing, the better. …

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Baby Boomers Bomb This Question

With all of the day-to-day demands on your finances, sometimes it is difficult to have a strong grasp on what your overall financial picture really looks like. While many people may be very in tune with one segment of their financial life, you may be inadvertently neglecting other parts. One often-overlooked financial aspect is retirement…

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Avoid New Retirement Over Spending

You’ve put your time in and the day you’ve been waiting for has finally come. It’s time to retire! You’re done working 40+ hours a week and ready to enjoy the money you’ve been saving for years. Slow down for a minute, though. It can be tempting after working for so many years to start…

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Think Before You Build Your Retirement Dream Home 


Building your dream home for retirement is not an uncommon goal many Americans have. However, just because it’s a common dream doesn’t mean it’s an appropriate dream for a large portion of the population. Sure, you may have several hundred thousand or a couple million in your retirement accounts. You’ll still want to think before…

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Your 2019 IRA Guide

When it comes to retirement savings, one of the best options available to those who don’t have a workplace retirement plan is an IRA. These savings vehicles allow for future retirees to save up to $6,000 per year in a tax-advantaged manner as of 2019. Those who have reached age 50 can add another $1,000…

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