The Retirement Questions Worth Asking at the Start of the Year
The start of a new year brings a natural pause point. For retirees, that pause is not about making sweeping changes; it is about checking alignment. Small decisions made early often shape how confident and comfortable the rest of the year feels. Rather than reacting to markets or tax deadlines later, January is an ideal […]
Retiring From Northwell Health: Key Decisions That Shape Long-Term Financial Outcomes
Retiring From Northwell Health: Key Decisions That Shape Long-Term Financial Outcomes Retirement planning is never one-size-fits-all, but employees of large health systems face an especially layered set of choices. Northwell Health is a perfect example. With a mix of pensions, cash balance plans, 403(b) and 457(b) options, tuition benefits, healthcare considerations, and income coordination issues, […]
Protecting Your Wealth in a New Chapter of Love
Finding love later in life can feel like a fresh start. But without the right planning, it can also create a ripple effect of unintended financial, legal, and emotional consequences for you and for your family. Blending lives when there are children from previous relationships, unequal assets, or simply decades of independent financial decisions requires […]
Retirement Reality Check: Are You Spending Enough? (ep.136)
How Much Can You Spend in Retirement? Recently Larry sat down with Matt Halloran to record an episode of Life Unlimited. During their discussion, they talked about something that is on the minds of many: How much money can you spend in retirement? The 4% Rule and the Fear of Running Out of Money While […]
When Poor Customer Service Leaves a Bad Taste in Your Mouth (Ep. 135)
Our journey home began with thunderstorms in New York, leading to our flight being canceled. We found ourselves in long lines, trying to rebook our flights and figure out what was happening with our baggage. Despite the airline’s efforts, they were unable to locate our luggage, causing us to wait for a total of 35 […]
Navigating Loss: 4 Essential Steps to Take as the Surviving Spouse (Ep. 132)
Navigating Loss: 4 Essential Steps to Take as the Surviving Spouse (Ep. 132) Losing a spouse is a challenging and emotionally overwhelming experience. Amidst the grieving process, it’s crucial to address the financial aspects that come with being a surviving spouse. In this episode of the Life Unlimited podcast, Larry Heller aims to provide a […]
The Risk Factor: Unraveling Investment Pitfalls
The Risk Factor: Unraveling Investment Pitfalls In the dynamic world of finance, the significance of risk assessment cannot be overstated. Failing to assess risks adequately, especially in certain investment types, can result in unexpected negative outcomes. With the current state of several regional banks, including Silicon Valley Bank, it is imperative to gain a thorough […]
RMDs & The Age Increase: What This Means For Your Portfolio
RMDs & The Age Increase: What This Means For Your Portfolio With the emergence of the new SECURE (Setting Every Community Up For Retirement Enhancement) Act 2.0, there are upwards of 100 different changes made that will affect the onset and process of your retirement. The one in the hot seat today is the RMD […]
QDRO & Divorce: Understanding Legal Practices
QDRO & Divorce: Understanding Legal Practices A QDRO (Qualified Domestic Relations Order) is a legal document that is brought forward during the settlement of a divorce that establishes a payee that gets compensated to receive a portion or grand total of the retirement benefits of an employee such as a pension or 401K plan. In […]
Using a Cash Balance Plan to Save Large Pre-Tax Dollars
Using a Cash Balance Plan to Save Large Pre-Tax Dollars Let’s start with the basics: A cash balance plan is a defined benefit plan. It’s a little different from what a traditional one is where you put money into a plan and at the end of the day, when you get to retirement age, you […]