Cryptocurrencies Won't Replace Currencies: They Will Replace Stock Exchanges

October 29, 2018
By:
Jamie Hopkins

Over the last year and a half, there has been an irrational surge in initial coin offerings (ICOs). Many of these ICOs were not bringing anything new or valuable to the table, but just riding the wave of publicity that popular cryptocurrencies like Bitcoin, Ethereum and Litecoin have garnered.

Hybrid Life Insurance Policies Increasingly Popular As Long-Term Care Funding Strategy

October 10, 2018
By:
Jamie Hopkins

While traditional stand-alone long-term care insurance (LTC) products have seen a drop in popularity in the past several years as a result of companies leaving the marketplace and of spiraling policy premiums, life insurance-backed long-term care financing strategies have experienced tremendous growth.

4 Ways To Maximize Life Insurance In Retirement Income Planning

October 8, 2018
By:
Jamie Hopkins

Life insurance is a fundamental risk management tool for a secure financial lifestyle. Primarily, it functions as an income replacement insurance product during an individual’s working years. In many cases, life insurance is set up to provide financial security for family members or to pay off liabilities in the event of an untimely and premature death.

4 Retirement Planning Steps Everyone Should Take

October 1, 2018
By:
Jamie Hopkins

In my book, “Rewirement: Rewiring the Way You Think About Retirement,” I lay out a detailed ten-step process that everyone can use while doing retirement income planning. This is also the same process that is taught to thousands of financial advisers in the Retirement Income Certified Professional education program.

True or False: Test Yourself on Social Security Claiming Strategies

September 24, 2018
By:
Jamie Hopkins

Many Americans have nothing saved for retirement and instead rely heavily on their Social Security benefits. In fact, Social Security is the primary source of income for about 60% of retirees and is the only source of income for about one-third of retirees.

New York Life Insurance Brings New Innovations To Long-Term Care Insurance Market

September 5, 2018
By:
Jamie Hopkins

The development and rollout of new standalone long-term care insurance products has been almost non-existent for a decade.  Aiming to break that trend, New York Life Insurance Company recently rolled out a new and innovative long-term care insurance product.

Long-Term Care Planning: It’s About Family

August 30, 2018
By:
Jamie Hopkins

Despite the fact that more than 70% of all retirees need some long-term care services in retirement, very few have a plan in place. This failure to plan not only impacts one’s own finances, but also puts family caregivers in a potentially harmful position.

Young Savers Can’t Assume Roths Are Right for Them

August 9, 2018
By:
Jamie Hopkins

As young Americans try to save for retirement and a financially secure future, one question that often arises is whether it is better to save pre-tax in a traditional IRA or 401(k) vs. saving after-tax in a Roth account.

Why Buying A Home Is Not A Good Investment (It's A Service)

July 28, 2018
By:
Jamie Hopkins

One popular housing mantra that almost everyone is familiar with is “location, location, location.” This quote, often attributed to a British real estate tycoon named Lord Harold Samuel, has been used to express the notion that there is only one thing that is important when investing in real estate, and that is location.

The Medicare True-False Quiz: Test Your Knowledge

July 27, 2018
By:
Jamie Hopkins

Health care costs are one of the biggest concerns for retirees. For most American retirees, Medicare is their primary health care plan. Medicare is complicated, and understanding it is crucial to making smart decisions to help control health care costs.

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