November 2019 - Alpha 1 Tax & Wealth

Monthly Archives: November 2019

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3 Tips for Caregivers: Don’t Forget to Take Care of Yourself

If you’re in your 50’s, 60’s, or 70’s, you probably watched your parents age and maybe took on caregiving responsibilities. In fact, about 34 million U.S. adults provide unpaid care to an adult over the age of 50, usually a parent.[1] Whether you’re working full-time, part-time, or are retired, this can be time consuming and [...]

2019-11-30T16:51:56+00:00November 30th, 2019|Healthcare|

3 Ways to Give Thanks in Retirement

Thanksgiving is a good time to think about how you express gratitude. Some people donate their time or money to a charitable organization, or just enjoy the simple pleasures of retirement. The great thing about giving is that you often get something back. Volunteering is a great way to make new social connections, you might [...]

2019-11-26T00:25:15+00:00November 26th, 2019|Lifestyle, Psychology, Retirement|

3 Retirement Costs to Watch Out For

Some surprises are great, like birthday parties, winning the lottery, and getting two candy bars from the vending machine. Others may not be as much fun, like taxes and unforeseen expenses. However, there are ways to help prepare for these expenses so that they’re not surprises. With a custom strategy in place to help cover [...]

2019-11-18T23:47:56+00:00November 18th, 2019|Retirement Planning|

Keeping Your Brain Sharp in Retirement

Retirement planning forces us to make many decisions, as well as calculations. And while a professional can help you with those, it can also help to sharpen up your math skills. Calculating percentages and interest rates off the cuff this isn’t difficult, but it can be intimidating without pen and paper. Afterall, you haven’t taken [...]

2019-11-15T20:14:11+00:00November 15th, 2019|Lifestyle, Psychology, Retirement|

4 Reasons to Plan for Long-Term Care Costs

There’s a 70% Chance You’ll Need Long-Term Care We can all celebrate an increasing life expectancy as we look forward to our golden years. In 1950 the life expectancy for American men was 65.6, and for American women was 71.[1] Now it’s 76.3 for men and 81.4 for women. Of course, many people live to be older [...]

2019-11-11T17:30:58+00:00November 11th, 2019|Financial Planning, Healthcare|

Technology of the Future: Invisibility Cloaks

Could you have imagined that there would be phones small enough to fit in your pocket, smart enough to talk to you, and with enough storage to hold more music than a room full of vinyl records? Technology has advanced at such a fast rate over the last 100 years that life as we know [...]

2019-11-08T17:05:56+00:00November 8th, 2019|Retirement Planning|

Will Inflation Erode Your Social Security Benefit’s Buying Power?

In 2019, Social Security benefits received a 2.8% increase[1] – the largest since 2012. But in 2020, benefits will only see a 1.6% increase[2]. Even though inflation is low right now, the cumulative effect of inflation has eroded the buying power of Social Security by a third since 2000[3] according to the Senior Citizens League. [...]

2019-11-04T19:26:07+00:00November 4th, 2019|Financial Planning, Social Security|