The Stock Market in Volatile Times

By Cornerstone | January 19, 2017

You’ve likely heard a few clichés when it comes to investing: stay the course; buy right and hold tight; time is more valuable than money; etc. The point is clear, if your investments align with your goals, timeline and risk tolerance, then there may be no reason to make changes to your portfolio when the…

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Retirement Matters

By Cornerstone | December 8, 2016

If you’re wondering how much of a Social Security payout you may receive, one number to keep in mind is 35. Your benefit is based on your 35 highest years of earnings. If you work less than 35 years, the calculation uses zero for your annual income in the years you’re short. Social Security benefits…

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Opposites Attract: Couple Finances

By Cornerstone Retirement | November 17, 2016

It’s very common for a married couple to have vastly different financial personalities. One may be frugal and the other a big spender. As we all know, money can be the source of some pretty big challenges in a relationship. In fact, a recent survey revealed that 73 percent of couples said their financial approach…

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Retiring Takes Effort

By Cornerstone Retirement | November 3, 2016

The first things that come to mind when thinking about retirement may be rest and relaxation, but before you reach that point, you need a financial strategy that can support your post-career plans. A recent study found many current retirees are worried about just making day-to-day expenses:1 The median annual income for married retirees is…

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4 Questions to Ask Your (Potential) Financial Advisor

By Cornerstone Retirement | October 17, 2016

Choosing the right investment professional to help you plan your family’s future is a big decision. Most people consider a variety of different factors when interviewing potential financial advisors, from the testimonials of past clients to the firmness of their handshake. We understand. Inviting someone into the personal details of your financial life is a…

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Stock Market Performance During Election Years

By Cornerstone Retirement | October 10, 2016

There’s only so much a U.S. president can do to improve the performance of the stock market, but that doesn’t keep people from connecting the highs and lows with the person sitting in the Oval Office. Regardless of party, the markets have traditionally improved during election years. Eighteen of the 22 election years since 1928…

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Accumulation and Distribution

By Cornerstone Retirement | September 8, 2016

There are a lot of misconceptions out there when it comes to preparing for retirement, and one of them is that the simple act of saving money each month will lead to retirement success. The fact is, a successful retirement income strategy has two phases — accumulation and distribution. While saving money is important, it’s…

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Navigating Medicare Enrollment

By Cornerstone Retirement | August 25, 2016

In order to ensure you have the right Medicare coverage plan, it is important to understand your enrollment period. Having the right coverage can help you reduce coverage gaps, long waiting periods, and expensive out of pocket costs. Generally speaking, most people are eligible to enroll in Medicare benefits three months before the month of…

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How Will Inflation Impact Your Retirement?

By Cornerstone Retirement | August 11, 2016

Regardless of how solid your retirement income strategy may be, if it doesn’t account for inflation, you could lose momentum or even backtrack on years of hard-earned savings. The rate of inflation has hovered around one percent or lower for the past couple years, but there have also been times in the past decade where…

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Will You Be Financially Prepared for Healthcare Costs in Retirement?

By Cornerstone Retirement | August 3, 2016

The number one concern for retires 55 years of age and older, with no surprise, is running out of money in retirement. The second biggest concern is the rising costs of healthcare in retirement. Fidelity Investments came out with a recent study which shares that the average 65-year-old married couple looking to retire in 2016 is…

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