Costly Mistakes
guarantee big returns. Remember, if it feels too good to be true, it certainly is.
When it comes to retirement, everyone thinks, if they’re at least saving money each month and keeping an eye on their Social Security statement, then they’re doing just fine. In reality, there are many mistakes you’re probably making right now that will lead even the most diligent saver to retirement ruin.
3. Failing to Adjust Your Risk Level as You Approach Retirement Too often, individuals who are close to or have already entered retirement have all this stock exposure, but based on the income they need to generate, they don’t need the extra risk. As you get close to retirement, you should be taking on less risk. 4. Not Factoring Health Care Costs This is one of the largest costs retirees face. Premiums and out-of- pocket costs for long-term care not covered by Medicare can drain retirement savings if not planned for in advance. 5. Not Having a Strategy for Taxes in Retirement During your working years, you get your income after taxes have been taken out, but this isn’t the case in retirement, meaning your tax bill can be very high. Make sure your financial plan is married to your tax plan, so you can save a lot of money. These are some of the most common retirement planning mistakes we see people make every day. Fortunately, we have a lot of experience in fixing them. With a free complimentary stress test, we can review your accounts and show you where you need to make adjustments to save money. Call 904-232-8760 to uncover any mistakes you might be making and start to correct them today.
1. Carrying Debt You have more income to pay off debt during your working years, so it’s important to be paying debt off before you enter retirement. Additional interest and debt services can eat up your retirement savings. 2. Not Investing Wisely Rather than invest with a reputable bank or investment company, many people are tempted by get-rich-quick schemes that claim to
Spring is here and summer is on its way, which means picnic season has sprung. Enjoy this incredible pasta salad recipe with friends, or steal it all for yourself. We won’t tell! MARVELOUS MACARONI SALAD
INGREDIENTS
Watch Adam LIVE, Monday’s on Channel 4 @ 11:00 a.m. & On the CW @ Noon and Tuesday’s @ 7:00 a.m.
DRESSING
SALAD
• ½ pound macaroni, cooked, drained, and cooled • 1 cup sliced celery • ½ cup chopped green pepper • ½ cup chopped red pepper • ½ cup chopped green onion
• 1 cup mayonnaise • 2 tablespoons vinegar • 1 tablespoon mustard • 1 teaspoon sugar • 1 teaspoon salt • ¼ teaspoon pepper
DIRECTIONS
1. Mix together dressing ingredients. 2. Mix together salad ingredients. 3. Mix dressing and salad together. Chill before serving. 4. Enjoy!
Watch Adam Every Tuesday @ 11:00 a.m. & 2:00 p.m. on Channel 12
Recipe inspired by Food.com.
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