By: Harris Financial Advisors | On: April 4, 2018 | Category: Long Term Planning |

Is Long-Term Care Factored into Your Retirement Plan?

A good retirement plan gives you a snapshot of your current situation along with multiple “what-if” future scenarios. Your plan is not complete until you factor in the great unknown – the future cost of a long-term care event for you or a loved one.

Injured PiggyBank Med

By: Harris Financial Advisors | On: September 12, 2017 | Category: Insurance, Long Term Planning | Tags: HSA, retirement, tax, Tax Advantage

4 Reasons an HSA Can Be Good for Your Financial Health

If you haven’t heard of health savings accounts, or HSAs, now is a great time to learn. An HSA allows for tax‐advantaged savings that can be used to pay for medical expenses now or in the future. In order to qualify for an HSA, you must be enrolled in a high‐deductible health insurance plan. High deductible insurance plans offer low premiums in exchange for the insured person or family taking on high deductibles.

Women and Retirement Income Literacy – Can You Pass The Quiz?

We women live longer than men, and many of us will be on our own at some time in the future.  At age 65, we can expect to live another 20 years on average, and we will need to depend on ourselves more than ever to successfully navigate the retirement landscape.  Most of us cannot afford to make a major mistake and still ensure there will be time to recover.

Keeping Your Seat Pays Off

It is important not to give up long‐term gains for temporary short‐term stability. Not staying invested and choosing to pull out of markets until they’re less volatile can mean the loss of tens of thousands of dollars (or more).

Social Security and Divorce: What You Need to Know

Anyone who has been through a divorce knows the life-changing toll it takes on a person, emotionally and financially.