Mastering Tax Loss Harvesting: A Strategic Guide to Lowering Your Tax Liability and Boosting Your Investments

By |2023-10-17T13:09:06-05:00October 10th, 2023|Investment Management, Retirement, The Blog @JGUA|

You may have heard of the phrase “tax loss harvesting” in the context of sales of stocks or other investments, and wondered exactly what it means.  Tax loss harvesting generally refers to selling investments (i.e. capital assets) at a loss, specifically timing them so that they offset gains (both capital and ordinary) in the [...]

Financial Planning for the Sandwich Generation

By |2023-10-03T09:33:52-05:00October 3rd, 2023|Retirement, The Blog @JGUA|

I’m partial to the classic PB&J. Now mind you, it has to be freshly made (morning preparation for a noon lunch will not do, too soggy) and constructed properly, two slices of a good hearty bread with peanut butter thickly spread on both slices, and a dollop of fruit preserves in the middle (apricot is [...]

Navigating Your Retirement: Common Pre- and Post-Retirement Pitfalls

By |2023-10-17T13:05:33-05:00September 26th, 2023|Retirement, The Blog @JGUA|

Retirement is a very significant milestone that requires careful planning to ensure you are comfortable in your golden years. Whether retirement is coming up in the next few years or you have already retired, avoiding common mistakes can save you a lot of headache and sleepless nights. In this article, we are going to [...]

Prior Income Determines Your Medicare Premium

By |2023-09-20T08:46:22-05:00September 19th, 2023|Retirement, The Blog @JGUA|

Did you know that you may have to pay a higher premium for Medicare Part B and Medicare Part D based on a tax return from two years ago? Medicare Part B and Part D use a two-year clawback to determine premiums. The result is a surcharge, known as the Income Related Monthly Adjustment [...]

The Real Cost of Not Enrolling in Medicare When Eligible

By |2023-09-13T12:48:47-05:00September 13th, 2023|Retirement, The Blog @JGUA|

Medicare is confusing. The main Medicare coverages are Medicare Part A, Medicare Part B, and Medicare Part D. On top of that, there are also optional Medicare supplement and advantage plans. To make things more confusing, you could get stuck with a late enrollment penalty for all your main Medicare coverages. This can happen [...]

Helping Your Parents Age Gracefully – Care

By |2023-09-07T10:06:52-05:00September 5th, 2023|Retirement, The Blog @JGUA|

In a perfect world your parents would not need any help as they age gracefully, but we well know this is not a perfect world. There are some seniors who are mentally sharp and physically spry well into their nineties. But this is not typical. As they age, most seniors will need some help [...]

Helping Your Parents Age Gracefully – Finances

By |2023-09-07T10:50:01-05:00August 22nd, 2023|Retirement, The Blog @JGUA|

The last of the Baby Boomers (born 1946-1964) are contemplating retirement. The first of this generation are in their late seventies. For many of you, your parents are in this group, some from the previous generation (the Silent Generation were born 1928-1945). As they continue to mature, how can you help them age gracefully? [...]

Making a Meaningful Impact: Seven Creative Ways to Utilize Surplus RMD Funds

By |2023-09-07T10:40:36-05:00August 8th, 2023|Charitable Giving, Retirement, The Blog @JGUA|

There comes a time when everyone who has a tax advantaged account such as an IRA or 401(k), will have to begin Required Minimum Distributions (RMD’s). In 2023, if you are 73, you will be required to withdraw a certain amount of money from your IRA each year. The idea behind this, is that [...]

Helping Your Parents Age Gracefully – The Approach

By |2023-07-25T08:30:14-05:00July 25th, 2023|Retirement, The Blog @JGUA|

Occasionally you will meet a ninety plus year old who is as mentally sharp as a chef’s paring knife and as spry as a forty year old. But this is uncommon. Most people in their nineties have either started to fade mentally or struggle to keep up physically, sometimes both. Old age catches up with [...]

Unleashing the Age Conundrum: Exploring Retirement Timing and Financial Considerations

By |2023-07-05T12:44:28-05:00June 27th, 2023|Retirement, The Blog @JGUA|

Does Age Matter? The most frequent question that gets asked is, when is the best time to retire? The current average retirement age in the United States is 62.3 years for women and 64.6 years for men. The age that you do end up retiring will affect your finances. Determining the right age for [...]

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