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Directions to Teresa Bear Chandler Office

Posted on Tuesday, October 20, 2015

CHANDLER ARIZONA Financial Planning, Retirement Planning, & CERTIFIED FINANCIAL PLANNER ™ gives financial planning clients directions to her office at 1490 South Price Road, Suite 109a, Chandler, Arizona 85286. Teresa Bear, CFP ®, CPA specializes in retirement planning and asset preservation. She has clients throughout the Phoenix Metro area and has offices in Mesa and Chandler.

 

 Download a map here: http://www.teresabear.com/contact.php

Teresa has been helping families and retirees reach their financial, tax, retirement planning, and estate planning goals for over 25 years. She is legally bound to uphold the highest level of fiduciary standards when providing investment advice to her clients.

Financial Planning Areas Include: Early Retirement & Retirement Planning, Income Planning, Social Security Strategies, Tax Planning, IRA & 401(k) Rollovers, Wealth Accumulation & Investments, Life Insurance, Annuities, Long-Term Care, Financial Planning for Women, Transition Planning (due to Job Change, Job Loss, Retirement or Moving to Arizona).  

MESA AZ Financial Planner | ARIZONA Certified Financial Planner Teresa Bear Office Directions

Posted on Friday, October 16, 2015

MESA ARIZONA Financial Planning, Retirement Planning, & CERTIFIED FINANCIAL PLANNER ™ gives financial planning clients directions to her office at 4115 E Valley Auto Drive, Suite 104m Mesa, Arizona 85206. Teresa Bear, CFP ®, CPA specializes in retirement planning and asset preservation. She has clients throughout the Phoenix Metro area and has offices in Mesa and Chandler.

 

 Download a map here: http://www.teresabear.com/contact.php

Teresa has been helping families and retirees reach their financial, tax, retirement planning, and estate planning goals for over 25 years. She is legally bound to uphold the highest level of fiduciary standards when providing investment advice to her clients.

Financial Planning Areas Include: Early Retirement & Retirement Planning, Income Planning, Social Security Strategies, Tax Planning, IRA & 401(k) Rollovers, Wealth Accumulation & Investments, Life Insurance, Annuities, Long-Term Care, Financial Planning for Women, Transition Planning (due to Job Change, Job Loss, Retirement or Moving to Arizona).  

AZ Home Ownership - Generation X Takes a Hit

Posted on Monday, September 21, 2015

ARIZONA INVESTMENT ADVISER ARIZONA INVESTORS AZ FINANCIAL SERVICES

ARIZONA INVESTMENT AZ HOME OWNERSHIP - GENERATION X TAKES A HIT.   Arizona Certified Financial Planner Teresa Bear's Blog outlines how a rise in interest rates may have positive and negative consequences on different generations.

The Federal Reserve doesn’t just raise interest rates on a whim.

While a steady economy and improving unemployment rates have many convinced a rate hike is in order for the United States, there is plenty of reason for the Fed to play it safe before issuing an increase.

Some say low interest rates have helped stimulate recent economic growth by making money cheap to borrow. Companies invest more in their operations, and consumers buy more houses, cars and other large-ticket items.

However, others argue, the more people buy, the more manufacturers believe they can charge, and this can lead to inflation. The Fed tries to pre-empt this from happening by raising interest rates to slow inflation and keep supply and demand in check.

 There are positives and negatives to an interest rate increase, and how it affects you depends on your financial situation.

 [CLICK HERE to read the article, “September Is Looking Likelier for Fed’s First Rate Increase,” from The New York Times, July 29, 2015.]

[CLICK HERE to read the article, “Jobs report supports a Fed rate hike in September,” from MarketWatch, Aug. 7, 2015.]

One positive of interest rate adjustments is the prevention of artificially cheap capital that might be enticing at the present moment, but doesn’t necessarily increase productivity, and can stunt long-term growth. At least one industry analyst contends that raising rates is necessary to curb excessive borrowing and the allocation of capital into less productive ventures.

 [CLICK HERE to read the article, “Rates Must Rise to Avert Next Crisis,” from Guggenheim Partners, July 17, 2015.]

[CLICK HERE to read the article, “Janet Yellen’s Dashboard,” from Hutchins Center on Fiscal & Monetary Policy at Brookings, Aug. 7, 2015.]

 A change in the direction of interest rates is likely to impact us all in various ways and to various degrees -- affecting everything from mortgages and car loans to credit card debt, investments and savings accounts.

 One area of the U.S. economy that has been on the decline, even with low interest rates, is homeownership. The percentage of people who own homes is approaching historic lows, currently at its lowest point since 1967.

 The hardest hit demographic is Generation X, which was in a prime position for a first-time home purchase, or to trade-up after having children, when the real estate market crashed. Now, homeownership rates among gen-Xers (ages 35-54) have fallen further than any other age group. Compared to same-aged households 20 years ago, they are 4 to 5 percentage points lower.

 [CLICK HERE to read the article, “U.S. Homeownership Drops to its Lowest Level Since 1967,” from Time, July 28, 2015.]

 [CLICK HERE to read the report, “The State of the Nation’s Housing: 2015,” from Joint Center for Housing Studies of Harvard University, 2015.]

 As evidenced with the surprisingly low homeowner statistics, predicting interest rate and the economy’s effects on the nation as a whole can be difficult. But, as always, our focus is on your individual financial situation. If we can help you understand your financial future, and how the current interest rate environment applies to you, please give us a call.

 We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

 The information contained in this material is provided by third parties and has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions.

 If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference.

 

AE08155151

 

AZ Retirement Strategies: Does Peer Pressure Motivate Us?

Posted on Monday, September 14, 2015

ARIZONA INVESTMENTS RETIREMENT PLANNING AZ INVESTMENT ADVISOR

AZ RETIREMENT STRATEGIES: DOES PEER PRESSURE MOTIVATE US? Arizona Investment Advisor Teresa Bear's Blog discusses how internet peer pressure is influencing financial decisions.

 The globalized age of the Internet has deepened an already uncomfortable fact of human society: shame. Classroom bullying has migrated to text and social media. Business reputation is more Yelp or Angie’s List than word of mouth. But how much does the power of public shame actually affect our behavior?

There is dissent over how much peer pressure can motivate, and, of course, this can include pressures over retirement preparations. In one study, nearly a third of respondents said they made positive financial decisions based on how they felt about falling behind their peers in savings and salary. However, in another study, the same kind of peer pressure demoralized participants. It had the opposite effect; learning they were so far behind the curve made respondents less likely to sign up to participate in their company’s retirement savings plan.

Thankfully, we don’t worry about “keeping up with the Joneses” when we help people craft their retirement income strategies. After all, the success of your planning will be judged against your goals, your expectations and your lifestyle, not anyone else’s. Contact us if you would like our guidance in helping you get on the right track for financial confidence.

[CLICK HERE to read the article, “How peer pressure can help you save for retirement,” from Bloomberg, June 9, 2015.]

[CLICK HERE to listen to the report, “Why Peer Pressure Doesn’t Add Up To Retirement Savings,” from NPR, July 31, 2015.]

So, amid the tools available for manipulating behavior, whether that of an individual, company, sector, country or global initiative, how effective is “naming and shaming”?

At least one customer-service poll indicates, at least at the corporate level, it isn’t terribly effective. In an age when companies known for superior customer service can be few and far between, some companies are better known for their poor customer service than for their products or services. It should be no surprise, then, which companies made this year’s “Customer Service Hall of Shame” in a recent poll by 24/7 Wall St., which was dominated by representation in the cable/satellite and banking sectors. Several of the companies on this list are repeat offenders; some for seven years running.

The fact they don’t improve customer service despite suffering from such a bad reputation begs the question: Does shaming EVER work?

[CLICK HERE to read the article, “Customer Service Hall of Shame,” from Yahoo Finance, July 31, 2015.]

The authors of “Shame and the Motivation to Change the Self” (Emotion, December 2014) would argue it does. They maintain the human experience of shame is associated with a motivation to change, and that it can be a positive factor of personal growth.

For instance, peer pressure can make us more charitable. A study published in The Economic Journal revealed that when asked to give to a charity, donors would investigate others’ past donations to help them determine how much to give. Their contributions had more to do with “keeping up with the Joneses” than how they felt about the charity’s mission. The study concluded large donations served to put pressure on other donors, who were then driven to display their own wealth via similar donated amounts.

[CLICK HERE to read the article, “Shame and Motivation to Change,” from Psychology Today, Jan. 29, 2015.]

[CLICK HERE to read the article, “This Little-Known Tactic Gets People to Donate to Online Fundraisers: Peer Pressure,” from Huffington Post, June 18, 2015.]

Certainly, when it comes to traditional, interpersonal shame (the kind that existed even in the nostalgic days pre-Internet), it continues to be a powerful tool of society. In small villages in a Himalayan valley where people rely on each other to share, cutting off your neighbor’s access to water and power can result in being cast out. Perpetrators are not just cut off from access to the resources they denied their neighbor. The other villagers stop speaking to the offenders altogether. The very power of this shaming tactic is what keeps inhabitants alive and thriving in these hardship areas.

[CLICK HERE to read the article, “The Power of Peer Pressure,” from Slate.com, March 25, 2015.]

We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

The information contained in this material is provided by third parties and has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions.

If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference.

Arizona Financial Planning for Retirement 480-503-0050

Posted on Monday, September 07, 2015

FINANCIAL PLANNING ARIZONA PHOENIX AZ RETIREMENT PLANNER PHOENIX AZ FINANCIAL PLANNER PHOENIX CERTIFIED FINANCIAL PLANNING HELP

PHOENIX ARIZONA FINANCIAL PLANNING HELP – Phoenix Certified Financial Planner Teresa Bear 480-503-0050 http://www.TeresaBear.com Blog outlines how a good plan for retirement includes key factors to grow personal wealth.


We all want the magic key to growth. From growing our personal wealth to business growth to national gross domestic product, Americans are obsessed with figuring out the perfect growth formula.

Unfortunately, the reality is there is no magic solution for any of these areas. Numerous factors interplay to contribute to growth, adding up to be advantageous, disadvantageous or neutral.

When considering the best options for growing personal wealth for retirement, one of the biggest factors is planning. While a minority of individuals plan even 10 to 15 years ahead of retirement, studies show planning can make the difference in whether you have enough income in retirement. Those who plan ahead tend to have double or triple the wealth of those who do not.

The concerns of planning for your retirement income are particularly key for several reasons, not the least of which is that centenarians (the population over age 100) are the fastest-growing age group as we are living longer than ever. Additionally, it’s more expensive to retire than it used to be, making the amount of funds you can accumulate for a longer retirement more important than ever. You don’t have to stumble through these kinds of obstacles alone, though. If we can help you put together a retirement funding strategy — or review one you already have in place — please give us a call.

[CLICK HERE to read the article, “How Financial Ignorance Can Ruin Retirement,” from Forbes, July 15, 2015.]

[CLICK HERE to read the article, “A Retirement Age of 100? It’s Coming,” from The Wall Street Journal, Feb. 9, 2015.]

Beyond growth of our personal resources, Americans want to see strong industrial growth. This kind of growth has traditionally been motivated by innovations, spurred by competitors who tried to build on the success of their peers. In the 1990s and early 2000s as globalization peaked, proprietary information trickled through each industry by way of supply chains, as companies saw what others were doing and shared that information with the others they supplied.

However, company growth and productivity in recent decades has been negatively impacted by the trend of proprietary intellectual capital. Also known as “excludability,” the phenomenon is defined as the degree to which a company can prevent competitors from learning its secrets. In recent years, we’ve seen a dramatic increase in patents and other legal maneuvering that thwarts the free flow of ideas. Now, in many cases, sharing information protected as intellectual property is against the law. The net result? Less sharing and less industry growth, according to a study by the Organization for Economic Co-operation and Development.

[CLICK HERE to read the article, “The Secret to a Great Economy,” from BloombergView, July 31, 2015.]

To contrast the slow of industrial growth and productivity, we see sharing as a contributory theme in metropolitan growth. Larger cities (more than 300,000 people) in the U.S. have recovered faster from the economic downturn than smaller ones, according to a new report from the National League of Cities. The report cited an increase in new business start-ups, business expansions and a more robust retail sector as reasons for this organic growth. In other words, the more customers out and about sharing the wealth, the faster these places saw businesses, employment opportunities and general economic recovery signs grow.

[CLICK HERE to read the article, “Economic recovery felt most in big cities,” from The Hill, July 31, 2015.]

Our obsession with growth prompted the Bureau of Economic Analysis to publish a new measurement for it in July. Called the “gross domestic output,” or GDO, the measurement averages gross domestic product (GDP) and gross domestic income (GDI). In theory, the GDP and GDI measure the same thing: the total value of the economy’s output. However, GDP tracks expenditures on final goods and services produced in the United States, whereas GDI tracks the income that those who produce those goods actually receive.

As you ponder national economic growth and how it may affect your personal planning for retirement, a recent report has revealed one of the best ways for a layperson to measure the growth of GDP. Because the transportation sector is the fourth-largest U.S. industry sector (behind housing, food and health care), the number of semitrailers on the road roughly correlates to the number of goods sold and shipped in the U.S. Basically, the more semitrailers you see, the better the GDP is doing. So perhaps the next time you find yourself frustrated at sharing the road with a big rig, perhaps it will help to think about it as sharing the road with national growth.

[CLICK HERE to read the brief, “A Better Measure of Economic Growth: Growth Domestic Output (GDO),” from WhiteHouse.gov, July 2015.]

[CLICK HERE to read the article, “The Trucking Industry Is Delivering Good News for the Economy,” from Time, July 30, 2015.]

We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

The information contained in this material is provided by third parties and has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions.

If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference.

 

 

Woman Financial Planner Phoenix Arizona 480-503-0050

Posted on Monday, August 31, 2015

PHOENIX ARIZONA WOMAN FINANCIAL PLANNER PHOENIX AZ FINANCIAL PLANNING PHOENIX CERTIFIED FINANCIAL PLANNING HELP

PHOENIX ARIZONA FINANCIAL PLANNING HELP – Phoenix Certified Financial Planner Teresa Bear 480-503-0050 http://www.TeresaBear.com Blog Discusses Investor Differences Between Men and Women. 

Despite increased efforts to narrow the financial gap between men and women, there’s still no shortage of cultures that prioritize males when it comes to divvying up the monetary spoils. In China, when divorcing couples can’t agree on how to divide their assets, the family home typically goes to the men, even though Chinese women (and their parents) contribute to more than 70 percent of mortgages and 90 percent of cash purchases of homes. Because homes are often registered under the man’s name, the wife forfeits that investment by law. This is one of the common practices still in existence today that demonstrates the old Chinese saying: “Raising a daughter is like watering someone else’s garden.”

Project 50 #33 - Watering Can

[CLICK HERE to read the article, “Watering the gardens of others,” from The Economist, June 12, 2015.]

However, the financial world’s dated viewpoints on men and women aren’t just limited to foreign countries. In the U.S., males are often trusted to handle the family investments, something author Meredith Jones says should change in her new book, “Women of the Street: Why Female Money Managers Generate Higher Returns (And How You Can Too).” Jones writes that women’s specific characteristics can, in some situations, offer higher value. Women tend to be more conservative when it comes to money management, both personally and professionally, and a Vanguard study revealed that during the 2007-08 financial crisis, accounts led by women lost 13 percent, while accounts led by men lost 16 percent. Women were less likely to sell at or near market lows, and thus yield better returns, in part because of their conservative nature.

[CLICK HERE to read the article, “7 Reasons Women Make Better Money Managers than Men,” from ThinkAdvisor.com, June 10, 2015.]

[CLICK HERE to read the article, “Women Investors: Toss the Piggy Bank, Be Less Risk Averse,” from HeartsandWallets.com, Jan. 23, 2015.]

Although women, as a whole, currently make less than men, it’s possible that they could out earn their male counterparts over the course of their lifetimes. More women graduate from college than men, and they have longer lifespans. With people living and working longer than ever, it might not be long before women are retiring with more money despite a disadvantage in pay.

[CLICK HERE to read the article, “Women are dominating men at college. Blame sexism,” from The Washington Post, Dec. 11, 2014.]

[CLICK HERE to read the article, “Forget Retirement: Older Single Women Love Their Jobs,” from ThinkAdvisor.com, June 9, 2015.]

All of this brings to mind the story of the tortoise (women) and the hare (men). Perhaps with less flash and more plodding, conservative discipline wins the race. It did in the fable and may be the key to success in real life. Careful financial planning is no secret, and it’s a strategy men should practice as well. Whether you’re a tortoise or a hare, we’re here to help you determine strategies that can help you feel more confident in your financial future. Give us a call with any questions or concerns you may have.

We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. The information contained in this material is provided by third parties and has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference. AE07155140

Anxiety Relief Goes Green - More Parks & AZ Financial Planning Can Help

Posted on Monday, August 24, 2015

 ARIZONA RETIREMENT HELP AZ RETIREMENT PLAN PHOENIX RETIREMENT PLANNER

ANXIETY RELIEF GOES GREEN - MORE PARKS & AZ FINANCIAL PLANNING CAN HELP.  Arizona Financial Planner Teresa Bear's Blog discusses how access to city green space impacts a child's overall physical and mental well-being. Likewise, a proactive financial plan helps relieve adult anxiety.

 It’s not easy being green.

kermit-383368_1280

That signature line delivered by Jim Henson’s Kermit the Frog, and later covered by Frank Sinatra and countless others, has taken on a variety of meanings over the years. One way the classic Muppets song applies to the world today is the difficulty in finding green areas in urban neighborhoods.

Imagine being a youngster in a low-income family, looking outside and, instead of seeing a tree to climb or grass to play in, being surrounded by man-made structures and the dangers of gang violence. Earlier this year, research from Stanford University found that growing up in an environment sans nature’s bounty can have a direct impact on a person’s overall physical and mental well-being. The lack of green areas in urban neighborhoods may even impede the maturity of children’s brains and be a factor in their economic decline.

Whether it’s growing up in a rough neighborhood or keeping track of the bills in an upscale community, people of all ages and economic statuses face some form of stress. The best way to combat this is confidence, something we’re here to provide as your financial professional. Knowing that you’ve received professional advice and have proactively created a plan to secure your financial future as well as that of your family can help relieve anxiety.

Through years of saving and hard work, you’ve put yourself in a position where you can enjoy the world around you: taking walks, enjoying a sunset unobstructed by pollution and gazing upon the bloom of flowers. Several children today are growing up in an environment where those simple pleasures are absent. That’s why some cities have started focusing on restoring green areas in low-income neighborhoods, strategically planting shrubs and trees to screen out busy street noises and reduce the glare from headlights.

[CLICK HERE to read the article, “The Simple Idea That Could Make America’s Poorest Neighborhoods Healthier,” from Think Progress, July 10, 2015.]

For an example of how green spaces can help maintain happiness, even in a financial predicament, just look at what’s happening in Greece. The country’s financial struggles may have city residents in a damper, but those living in the beautiful mountain villages have a bit more hope. “I have my lettuce, my onions, I have my hens, my birds, I will manage,” one retiree stated after his government pension was cut. While those who live in outlying areas still feel the effects of shuttered banks and reduced government services, they have a better chance of surviving than city dwellers. In short, they are using age-old tactics that have enabled them to survive wars and natural disasters: chickens and a vegetable patch.

[CLICK HERE to read the article, “Greek villagers’ secret weapon: Grow your own food,” from The Houston Chronicle, July 3, 2015.]

Then there are traditional stress relievers. We’ve always known they worked, we just didn’t know the science behind them. For example, adult coloring books have recently become de rigueur as a modern-day stress reliever. Sugar has been proven to reduce levels of cortisol, the stress hormone, and hugging releases oxytocin, a hormone that promotes feelings of devotion, trust and bonding.

[CLICK HERE to read, “Colouring books for adults a new way to relieve stress,” from CBC News, July 8, 2015.]

[CLICK HERE to read the article, “Sugar as a Stress Reliever,” from The New York Times, April 23, 2015.]

[CLICK HERE to read the article, “7 Reasons Why We Should Be Giving More Hugs,” from The Huffington Post, March 27, 2014.]

These are all great remedies, but the ideal situation is to avoid stressful circumstances to begin with. If you ever have questions about your financial circumstances, feel free to give us a call.

We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. The information contained in this material is provided by third parties and has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference.

AZ Investors Need Financial Planning Help to Avoid Hot Water and Future Regrets

Posted on Monday, August 17, 2015

 INVESTMENT HELP ARIZONA AZ INVESTORS ARIZONA FINANCIAL PLANNER

AZ INVESTORS NEED FINANCIAL PLANNING HELP TO AVOID HOT WATER AND FUTURE REGRETS. Arizona Financial Planner Teresa Bear's Blog outlines how a misstep in your financial decision making can have significant and far-reaching ramifications. An objective professional can help your perspective.

Everyone slips up from time to time. It’s human nature. But some mishaps are easier to make up for than others. A misstep in your financial decision making can have significant and far-reaching ramifications, which is why it’s generally a good idea to run your ideas by an objective professional to avoid regrets in the future. Some recent headline-makers provide good reminders about the benefits of fully thinking through ideas before acting on them. Anyone can say the wrong thing, but if it happens when you’re in the spotlight, as Donald Trump was when he announced his candidacy for presidency -- that’s tricky business. His comments about illegal immigrants from Mexico caused a firestorm of media attention, with interesting repercussions. Detractors have been swift in both criticizing the billionaire mogul, and in some cases, even cutting business ties with him. Conservative supporters have defended his comments, but many remain silent for fear of further disengaging the Latin voting community. And still others defend his right to free speech. Yes, it’s a right, but is it always a good idea?

[CLICK HERE to read, “Transcript: Donald Trump announces his presidential candidacy,” from CBS News, June 16, 2015.]

[CLICK HERE to read the article, “Macy’s just dumped Donald Trump merchandise,” from Fortune, July 1, 2015.]

[CLICK HERE to read the article, “And Now, What Mexico Thinks of Donald Trump,” from The New York Times, July 2, 2015.]

Historically, we’ve seen many high-profile leaders and celebrities commit gaffes. Some paid the price and eventually recovered to varying degrees, like Martha Stewart after serving jail time for obstruction of justice. Others have suffered immeasurably.

[CLICK HERE to read the article, “Martha Stewart’s Prison Time Actually Helped Her Business,” from Time, Oct. 8, 2014.]

[CLICK HERE to read the article, “How Martha Stewart lost her $2 billion empire,” from The Washington Post, June 29, 2015.]

[CLICK HERE to read the article, “Brian Williams will leave ‘NBC Nightly News’ and join MSNBC,” from The L.A. Times, June 18, 2015.]

How much can our own words and actions hurt us? When it comes to personal relationships, the repercussions can be long lasting. According to relationship experts, using phrases referencing “you always,” “you never” or “you’re being too sensitive” can be irreversibly damaging. On the other hand, taking responsibility for your words and actions and offering a heartfelt apology can go a long way.

[CLICK HERE to read the article, “The 10 Most Dangerous Phrases in a Relationship,” from The Huffington Post, May 13, 2015.]

[CLICK HERE to read the article, “Benedict Cumberbatch and the Right Way to Apologize,” from The Atlantic, Jan. 27, 2015.]

[CLICK HERE to read the article, “Abby Wambach apologizes for referee criticism, will likely avoid suspension,” from USA Today, Jun. 24, 2015.]

When it comes to finances, if you’d like help determining your moves for the future, please give us a call.

We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. The information contained in this material is provided by third parties and has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions.   If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference. AE07155134

Health Care Reform Here to Stay - How the Law is Affecting Arizona Retirees

Posted on Sunday, August 16, 2015

 ARIZONA MEDICARE HELP AZ PENSIONS ARIZONA RETIREMENT PLAN

 Health Care Reform Here to Stay - How the Law is Affecting Arizona Retirees Health Care Reform Here to Stay If there were any lingering doubts about the long-term sustainability of the Affordable Care Act (also known as the ACA or Obamacare), a recent Supreme Court ruling assured the health care overhaul is here to stay.

ACA

Not only does the King v. Burwell ruling handed down by Chief Justice John Roberts put the ACA on firm ground for the future, it also puts to rest challenges of the health law’s tax rules from opponents hoping to exploit loopholes. A few lines pulled from the Supreme Court ruling: “We cannot interpret federal statutes to negate their own stated purposes.” “Congress passed the ACA to improve health insurance markets, not to destroy them.” Roberts’ decision may go a long way in clarifying the ACA’s intentions, but for the average person, it’s understandable if all the legislative, medical and financial arguments remain clear as mud. Health insurance is a complex issue at both the state and national levels, but as your financial professional, we know that what matters most is how the law affects you individually.

[CLICK HERE to read the article, “What to Take Away from the Supreme Court Decision on Health Care,” from The New York Times, June 25, 2015.]

[CLICK HERE to search the Rate Review database, “Find Rate Review Information about Your Insurer,” on Healthcare.gov, accessed June 24, 2015.]

Talks of the 2016 presidential race have already started picking up as new, high-profile candidates throw their names into the ring. In that regard, it can be difficult to predict what changes are on the horizon. But, as King v. Burwell established, it will take more than just a Presidential change to eliminate the ACA. The ruling strengthens the law to the point that it will take an act of Congress to make changes in the future. Roberts wrote that he believes subsidizing universal health insurance is of “deep economic and political significance,” and that if Congress wanted to give future Presidents an escape hatch from the legislation, “it surely would have done so expressly.”

[CLICK HERE to read the article, “Why John Roberts’ Obamacare decision goes further than you think,” from MSNBC.com, June 25, 2015.]

So here’s what we know: The initiative to get everyone in the country covered by health insurance, regardless of income level, will continue as planned. Ensuring the care is at a certain degree of quality … well, that has its challenges. Take a look at veterans who have sought care at VA hospitals. One of their greatest needs, mental health care, appears to be a weakness in this delivery system. In fact, according to the U.S. Government Accountability Office, as many as 22 veterans die by suicide each day. This travesty appears to emanate from incorrect diagnoses, poor record-keeping, lack of follow-ups and the VHA’s lack of compliance with its own policies and procedures.

[CLICK HERE to read the article, “GAO: VA’s errors and noncompliance hinder suicide prevention efforts,” from Modern Healthcare, June 11, 2015.]

Access to quality care also is a major issue in rural locations throughout the country. Fortunately, this has been addressed in recent years by loosening up practice requirements by nurse practitioners (NPs) who have earned a master’s degree or better. New state laws have begun to permit NPs greater autonomy to perform services such as ordering and interpreting diagnostic tests, prescribing medications and administering treatments for patients in rural states that struggle to recruit doctors to remote areas.

[CLICK HERE to read the article “Doctoring, without the Doctor,” from The New York Times, May 25, 2015.]

On the other hand, greater demand for providers necessitates more money. This has been evident in rate requests filed by health insurers for 2016. Increases thus far have ranged from 6 percent for high-level platinum plans to 14 percent for silver plans.

[CLICK HERE to read the article, “3 must-know facts about 2016 health rate filings,” from LifeHealthPro, June 11, 2015.]

We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. The information contained in this material is provided by third parties and has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference. AE07155131

Greek Financial Drama Continues Abroad - While the US Debates Workplace Inequalities

Posted on Saturday, August 15, 2015

As we approach the dog days of summer, the world’s elected officials are pouring on the heat in political debates ranging from Euro debt to global trade agreements. Greece and its creditors have been arguing over how much debt Greece must repay each year. The discord has led others in the European Union — even Great Britain — to question if the single currency experiment is worth the time and effort. Years after the global recession, unemployment remains high, the population is aging fast and Eastern Europe has not recovered as quickly as expected.

WORKERS TAKE TO GREEK STREETS AGAINST CUTBACKS

Bear in mind that the EU is comprised of 28 separate countries operating as a single free enterprise market. Perhaps it’s understandable that 28 nations, combining different languages, cultures and history, can’t come together easily in agreement.

[CLICK HERE to read the article, “Greek Drama: Why the Negotiations Risk Europe’s Future,” from Knowledge@Wharton, June 10, 2015.]

[CLICK HERE to read the article, “Greece Gets Temporary Lifeline, Turns Hope to New Summit,” from The New York Times, June 19, 2015.]

But can you say the same about one country (the United States), composed of 50 states that all speak the same language and share basically the same history? The gulf in our nation’s capital continues to be as deep and divisive as the vast oceans that separate us from the world’s other developed countries. The most recent debate on tap has been the odd web of global trade negotiation legislation in the U.S., featuring the Republicans aligned with the Obama administration in a rare coalition. And yet, this force has been blocked by a strong minority of Democrats with just enough collective power to put a wrench in negotiations.

[CLICK HERE to read the article, “How Congress Voted on Trade,” from Govtrack, June 18, 2015.]

Then there is the ongoing campaign for fair wages, a forum currently being played out across multiple industries — both corporate and creative. The discrepancy between gender pay is certainly not a new debate, but has been thrust back into the spotlight in recent months by email hacks at Sony that revealed many blockbuster actresses are not compensated the same as their male counterparts. One study revealed that while in other industries women experience an average pay gap of 78 cents to a man’s dollar, in Hollywood the highest-paid actresses make just 40 cents for every dollar that the highest-paid actors make — a fact that gets lost amid multi-million dollar paychecks. These news headlines have occurred simultaneously as local, state and federal government bodies debate the merits of increasing the minimum wage. And where fair pay is concerned, recent newsworthy lawsuits and settlements in the music industry have highlighted discrepancies among artists and between artists and streaming music distributors.

[CLICK HERE to read the article, “The Gender Wage Gap Is Especially Terrible in Hollywood,” from Slate.com, Feb. 23, 2015.]

[CLICK HERE to read the article, “Navigating the Ripple Effects of a Higher Minimum Wage,” from Knowledge@Wharton, June 16, 2015.]

[CLICK HERE to read the article, “James Taylor: Streaming Businesses Should Pay Artists Half,” from Times Daily, June 19, 2015.]

While the world debates bigger issues, we’re help to help you navigate the different ways to potentially optimize your own assets, liabilities and retirement income. If we can help you sweat out the details of a retirement income plan for your unique situation, please give us a call.

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