Franklin Retirement Solutions Blog

Recent Articles:

  • Insurance During Life, or Life After Insurance? - Few people enjoy a conversation about life insurance, yet it can solve a host of concerns for folks. Life insurance can be an option for legacy planning, caring for special needs children and grandchildren, helping pay for long term care, or spousal income replacement. Here are some important things to consider as you work through…
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  • Amazon or Scam-azon? - On Easter Sunday we again saw the President go after Amazon.com. Much has been written about Amazon lately, especially as more and more retailers close brick & mortar locations. The President’s tweets, however, were in response to the supposed “bad deal” the e-retailer had struck with the Post Office (USPS) and how it was a…
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  • A Review Of The First Quarter 2018 - I know it hasn’t been fun and I know most of us have had our share of roller coaster rides over the years, but it feels like we’re on a ride again. The first quarter of 2018 saw a return to what we can consider “normal” levels of volatility, after a period of historic low…
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  • Over 70 ½ And Charitably Inclined? - Are you 70 ½ and taking Required Minimum Distributions (RMDs)?  If so and if you are charitably inclined-whether to your church, synagogue or favorite non-profit-you should read on. Tax season is well underway. Best of luck to everyone as you complete your 2017 tax returns. Of course, one of the big topics of discussion around…
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  • What Not To Buy For The Holidays - We’re in the middle of the holiday season, which means plenty of folks—myself included—are out shopping for gifts and looking for deals. And since everything seemingly is on sale, now is a great time to buy things for around the house… right?   Wrong, apparently. Kiplingers put out an article recently on products you should…
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  • Response To The AARP’s Annuity Article - You may have seen a column by Jane Bryant Quinn in this month’s AARP Bulletin about Fixed Indexed Annuities (FIAs). Fixed indexed annuity sales totaled more than $60 billion in 2016 and continue to grow as an asset class for retirees and pre-retirees. Ms. Quinn’s concerns are somewhat valid, but not wholly accurate. To wit: “Salespeople might…
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  • What’s The True Cost of Care? - By Matt Sussman, CLTC Genworth Financial recently released their 2017 cost of care survey and the results may have you cleaning coffee off your screens. The results reflect the median cost of long term care services, which increased by 4.5% from 2016 to 2017. This is the second highest year-over-year increase in cost for long-term…
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  • Seven Common 401(k) Mistakes - This Sunday on the radio show, I spend some time reviewing common 401(k) mistakes being made by folks still in the workforce. I thought I’d lay them out here as well. And while this discussion is written around 401(k)s, don’t think you’re immune because you have a 403(b). You can make the same mistakes with…
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  • Find The Savings:
    Deregulated Electrical Rates
    - It’s been 20 years since Pennsylvania deregulated electrical utilities. Since then, you’ve likely been bombarded with companies offering to lower your power bill, either from commercials, online ads, or strange men with clipboards showing up at your doorstep. Is the switch worth it? I dug in to see. Depending on who you ask, I either…
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  • The Fed’s Conundrum - We keep hearing about how the Federal Reserve Bank (Fed) will start to raise interest rates, as rates have been stuck at historic lows for so many years. Ask any CD regular and they will tell you CD stands more for “Certificate of Disappointment” than “Certificate of Deposit”. People on fixed incomes who depended on interest from their…
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