Investments – Page 12 – Wealth Is In The Details

Episode 20 – Is a Target Date Fund Right for You?

By wealthisinthedetails | October 23, 2019

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In today’s world, more and more people are investing in a target date fund (TDF) when saving for retirement.

In this episode, Peter Raskin discusses why target date funds are so popular and then helps you to consider whether this investment approach is right for you.

In this episode, you will learn:

How risk and rate of return fluctuate on TDFs throughout your life
Why it’s important to understand what type of fund your money is invested in
Why your rate of return may disappoint you — and why this experience is normal
And more!

Tune in to hear Peter’s insights about target date funds and consider if they’re right for your investment strategy!

Resources: Raskin Planning Group

CRN-2655721-072419

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.

In a June 30, 2018 article published by Forbes Magazine, “Why Target Date Funds Dominate the 401k Market”, the author say that JP Morgan estimates that by 2019, 88% of plan contributions are expected to flow into Target Date Funds.

Episode 19 – Make a Final Thoughtful Gift to Your Family — With Carl Goldman

By wealthisinthedetails | October 9, 2019

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Planning your own funeral may seem morbid, but in reality, it is the final thoughtful gift you can leave for your loved ones.

In this episode, Peter Raskin sits down with licensed funeral director Carl Goldman to discuss why you should plan for your funeral and what steps are involved.

In this episode, you will learn:

About the major financial advantage to prepaying for your funeral
The four steps involved in creating your final arrangements
Why Carl recommends prepaying rather than relying on insurance funds to cover funeral costs
How to begin the funeral planning process
And more!

Tune in today and learn how to leave your final thoughtful gift to loved ones.

Resources: Raskin Planning Group | Dignity Memorial: (781) 821-4600

CRN-2654921-072419

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Episode 18 – Property and Liability Insurance — With Guest Bob Mansfield

By wealthisinthedetails | September 25, 2019

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No one likes to spend a lot of time thinking about bad things that might happen. However, in the economic reality in which we live, it is critical and prudent to be prepared.

In this episode, Peter Raskin sits down with guest Bob Mansfield, an expert in property and liability insurance at HUB International, to hear his insights on how to protect property and financial assets.

In this episode, you will learn:

Why having a higher deductible may save you money in the long run
Why Bob believes that an umbrella policy is a peace-of-mind insurance for families
How claims may (or may not) impact the cost of your insurance
What makes HUB International different from other brokers
And more!

Tune in to this episode of the Wealth is in the Details Podcast with Peter Raskin and guest Bob Mansfield to learn about property and liability insurance!

Resources: Raskin Planning Group | HUB International | Bob Mansfield

CRN-2660598-072919

Peter Raskin is a registered representative of Lincoln Financial Advisors. Securities and advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Episode 17 – Discussing Health Care and Medicare Concerns in Retirement — With Camille Barron

By wealthisinthedetails | September 11, 2019

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How will you handle the transition from using your employer’s health insurance plan to individual insurance once you retire? This is a shift that many people find overwhelming.

This episode is all about giving you the support and answers you need to prepare for that transition. Peter Raskin is joined by health care insurance specialist Camille Barron to discuss your options and clear up your concerns about health care insurance and Medicare.

In this episode, you will learn:

Why Raskin Planning Group brings in specialized consultants to assist clients with health care insurance options
Details about Medicare and options for supplemental coverage
Health care insurance options for retirees under 65 years old
Primary versus secondary insurance
And more!

Tune in to learn about choosing Medicare and health care insurance for your retirement!

Resources: Raskin Planning Group | Healthassist: (978) 526-0012 | The Law, Your Money…and You!

CRN-2537444-051019

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Episode 16 – Contingency Planning for Retirement

By wealthisinthedetails | August 28, 2019

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Many things in life are outside of our control. However, planning for those uncontrollable events places you back in the driver’s seat.

In this episode of Wealth Is in the Details Podcast, Peter Raskin discusses contingency planning and how what we plan for is something we can control.

In this episode, you will learn:

Why it is so important to discuss mortality with your financial advisor, no matter how morbid it may feel
How to use life insurance as a part of your contingency plan
Different tactics you can use to create your retirement contingency plan
And more!

Listen to this episode with Peter Raskin and start creating your contingency plan today!

Resources: Raskin Planning Group | Contingency Planning Exercise | 5 Challenges When Planning Your Wealth Journey Whitepaper

CRN-2543664-051519

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Episode 15 How Does Social Security Fit into Your Investment Plan?

By wealthisinthedetails | August 14, 2019

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Think of your retirement as a three-legged stool: Social Security is the first leg, your employer-sponsored plan and IRAs are the second leg, and the third leg is your non-retirement investments and savings.

In this episode of the Wealth Is in the Details Podcast, Peter Raskin focuses on the first leg, Social Security, and how it fits into your personal investment plan.

In this episode, you will learn:

How much of your pre-retirement income Social Security is meant to replace
When to start collecting the benefit to make the most of your money
Why the latest you should start collecting Social Security is at age 70
The numerous ways to maximize your benefit by using spousal benefits (even for a former spouse)
Reasons to review your monthly SSA statement, even if you aren’t already accessing the benefit
And more!

Tune in with Peter Raskin and learn how to make the most of your Social Security benefit in retirement.

Resources: Raskin Planning Group | The United States Social Security Administration

Peter Raskin is a registered representative of Lincoln Financial Advisors.

CRN-2510155-042219

Episode 14 – Health Savings Accounts Are the Best Thing Since Sliced Bread

By wealthisinthedetails | July 24, 2019

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Health savings accounts (HSAs) are becoming increasingly popular as more employers make them available to their employees. However, with a new savings option comes more to learn.

In this episode of Wealth Is in the Details Podcast, Peter Raskin explains the ins and outs of HSAs and how to use them to your benefit.

In this episode, you will learn:

The difference between HSAs and flexible spending accounts
How to tell if you are eligible for an HSA
Tax advantages and disadvantages of HSAs
What happens to your HSA if you pass away
And more!

Tune in now and learn how to use an HSA to your advantage!

Resources: Raskin Planning Group

Peter Raskin is a registered representative of Lincoln Financial Advisors.

CRN: 2489463-040419

Episode 13 – How to Prepare for the 5 Biggest Risks in Retirement

By wealthisinthedetails | July 10, 2019

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Life is unpredictable, and trying to prepare for everything makes it difficult to be fully prepared for anything.

In this episode of Wealth Is in the Details Podcast, Peter Raskin gives you direction as he pinpoints the five biggest retirement risks and how to prepare for them.

In this episode you will learn:

The five biggest risks to retirement
How inflation impacts purchasing power and how that impacts you during retirement
How to make the most of your investments
How taxes can pose a risk to your savings and how to be prepared
And more!

Tune in and learn how to prepare for the five biggest retirement risks!

Resources: Raskin Planning Group

Disclosure: The podcast is not intended to be a substitute for professional investing advice. Always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.

CRN-2474769-032519

Episode 12 – How to Plan for Contingencies in Retirement

By wealthisinthedetails | June 26, 2019

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Thanks to technology, humans are living longer than ever before, and it is important to consider that when planning for retirement.

On that note, Peter Raskin explains the importance of contingency planning in retirement with a special focus on healthcare costs.

In this episode, you will learn:

How to insure your long-term care costs in order to save you money should you require in-home or institutional care
The basics of purchasing long-term care insurance
Why married couples who purchase an insurance policy save money on premiums
How to determine the correct plan and policy for you and your family
And more!

Tune in today and learn how to plan for contingencies!

Resources: Raskin Planning Group

CRN-2445640-030419

Episode 11 – Contingency Planning in Retirement: Long-Term Care

By wealthisinthedetails | June 12, 2019

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When planning for retirement, most people think about the fun things they’ll do or the real estate they plan on buying. However, very few people plan for the worst — they typically don’t think about potential illness or other ailments — and their finances reflect that.

In this episode of Wealth Is in the Details Podcast, Peter Raskin discusses contingency planning for retirement, specifically long-term care.

In this episode, you will learn:

How to use Medicare alongside additional coverage to receive comprehensive health coverage in retirement
The difference between Medicare and Medicaid when it comes to custodial care
Why it’s important to consider contingency plans when saving for retirement
Why and when to have the tough conversations with your loved ones about planning for long-term care
And more!

Tune in now and start contingency planning with confidence!

Resources: Raskin Planning Group

Peter Raskin is a registered representative of Lincoln Financial Advisors.
Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

CRN-4097657-010522