In a previous post, I took a look at Medicare Parts A & B, which cover many types of inpatient care along with what are generally defined as medically necessary services. In this post, I’ll… Read More
Understanding Medicare: Your Medicare Coverage Choices
In the last blog post, I outlined key findings from a recent Vanguard white paper on healthcare spending in retirement. In this post, I’ll break down the various parts of understanding Medicare—traditional Medicare—as you consider… Read More
Spending on Healthcare in Retirement: How to Plan for It in Your Budget
If you are planning to retire, budgeting for healthcare should be part of your plans. In fact, when we build plans, we have begun breaking out healthcare costs as a separate category. Doing so allows… Read More
When Things Change – What to Do About Estimated Taxes
The IRS not only wants you to pay what you owe but in many instances, they don’t want you to wait until the end of the year to do so. If your primary income is… Read More
It’s Hard to Be Humble – Overconfidence Bias and Hindsight Bias
Over the last few weeks, I’ve written about several cognitive biases. Cognitive biases are mental shortcuts we all use, but if we’re not careful, they can lead us astray. This is undoubtedly the case when… Read More
Cognitive Biases Part 2: Anchoring and Recency Bias
In my previous post, I began writing about cognitive biases. There are a number of cognitive biases that come into play in investing. The first one we examined in the post here was confirmation bias…. Read More
Confirmation Bias: A Shortcut in the Wrong Direction
Years ago, one of the first courses I took in college was introduction to cognition, or the science of human thought. A key concept that stuck with me long after the course, was the idea… Read More
Market Movements: Shifting Focus from the Unknowable
Early on in my career, clients would ask where I thought the market was headed, and I felt obliged to answer these questions on market movements. Valuations were high, I would explain, or I might… Read More
The New Deduction Limitation and Georgia HEART and GOAL Programs
One of the most controversial aspects of the new tax law is the limitation on the deduction for state and local taxes. The limit was set at $10,000, and as a result, many affluent taxpayers… Read More
Deciding Whether or Not to Take the Buyout — Points to Consider
One of the time-honored traditions in Corporate America is the buyout. Cutting labor costs is one way to keep Wall Street analysts onboard when profitability drops or growth slows and depending on how much you… Read More