Your Extended Care Strategy
Submitted by Shoemaker Financial on September 23rd, 2020Do you have an extra $33,000 to $100,000 to spare this year? How about next year,and the year after that? Your answer to these questions is probably "no."
Creating a Retirement Strategy
Submitted by Shoemaker Financial on September 17th, 2020Across the country, people are saving for that “someday” called retirement. Someday, their careers will end. Someday, they may live off their investments, plus Social Security. They know this, but many of them do not know when, or how, it will happen. What is missing is a strategy – and a good strategy might make a great difference.
Buy-Sell Agreements
Submitted by Shoemaker Financial on September 1st, 2020For most, creating an estate strategy is important to make sure your loved ones are taken care of after you’re gone. But it may be just as important to have an estate strategy for your business.
Ways to Fund Special Needs Trusts
Submitted by Shoemaker Financial on July 24th, 2020If you have a child with special needs, a trust may be a financial priority. There are many crucial goods and services that Medicaid and Supplemental Security Income might not pay for, and a special needs trust may be used to address those financial challenges.
Health Care Costs Are Cutting into Retirement Preparations
Submitted by Shoemaker Financial on July 20th, 2020You may have seen this statistic before or one resembling it: the average 65-year-old retiring couple can now expect to pay more than $250,000 in health care expenses during the rest of their lives.
Coping with College Loans
Submitted by Shoemaker Financial on June 24th, 2020Total student loan debt in America is now around $1.6 trillion. Since 2008, it hasmore than doubled. Federal Reserve data states that 44.7 million Americans are dealing with lingering education loans. The average indebted college graduate leaves campus owing nearly $30,000, and the mean monthly student loan payment is about $400.1
The Major Retirement Preparation Mistakes
Submitted by Shoemaker Financial on June 12th, 2020Much is out there about the classic financial mistakes that plague startups, family businesses, corporations, and charities. Aside from these blunders, some classic financial missteps plague retirees.
Ways to Repair Your Credit Score
Submitted by Shoemaker Financial on June 2nd, 2020A good credit score can result in a lower home mortgage rate or a car buying rate. We all try to maintain one. Sometimes, though, life throws us a financial curveball and that score declines. What steps can we take to repair it?
The Major Retirement Preparation
Submitted by Shoemaker Financial on May 13th, 2020Mistakes
Much is out there about the classic financial mistakes that plague startups, family businesses, corporations, and charities. Aside from these blunders, some classic financial missteps plague retirees.
No, That Is Not the IRS Calling
Submitted by Shoemaker Financial on March 16th, 2020Do you know how the Internal Revenue Service (IRS) contacts taxpayers to resolve a problem? The first step is almost always to send the taxpayer a letter through the U.S. Postal Service.