Preservation Specialists, LLCĀ Blog
We help individuals and families work toward achieving their ideal retirements.
Top 5 Things To Know About Medicare Open Enrollment
Medicare Open Enrollment is your chance to reevaluate your coverage and change plans. It is also called the annual coordinated election period or the annual election period and you can change your coverage whether it is an Advantage plan, an original plan or a prescription drug plan through Part D. During Open Enrollment, you can…
Read More āI Am Over 50, What Should I Do To Plan For Retirement?
Your 50th birthday is a big milestone in your life, and once youāre past it, you should think about ramping up your retirement planning. Hopefully youāve been hitting your goals every year. But no matter what your financial situation is like, you can make sure youāre on the right track with a few simple planning…
Read More āCould A New Tax Plan be Good For Your Retirement?
After circling and re-circling the healthcare wagon, President Trump’s administration now shifts its attention to tax reform. A level of skepticism seems to shroud every major piece of legislation that “Number 45” has put forward so far, but there seems to be some optimism around his plan for tax reform. Many news outlets have accused…
Read More ā5 Ways for Retirees Can Slash Their Expenses
Retiring can be an exciting time, but it can also be scary because you are no longer earning an income. When youāre retired, you rely on your investments on which to live, which can be worrisome if your expenses are high. If you are concerned that you might go through your money too fast during…
Read More āMedicare and Traveling Abroad
If you decide to retire in a foreign country outside the US or if you would like to spend most of your time traveling overseas, you will not take your Medicare plan with you. So if you are a retiree and your wish is to live outside the US, partly due to health problems but…
Read More āTop 7 Life Insurance Myth's
September is Life Insurance Awareness Month! Unfortunately, life insurance myths can be some of the most persistent misleading misinformation affecting people planning retirement. These findings can commonly lack adequate research to back up the popular perceptions. Consequentially, a few have fallen into avoidable financial traps. Insurance has the potential to be the strongest plan with…
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