Category Archives: Retirement

‘Women and Wealth’ Study

Although early legacy planning is imperative to all, it is becoming increasingly evident that women, in particular, need to get more involved in long-term financial and estate decisions early on.   A recent Trusts & Estates ‘Women and Wealth’ survey revealed that many women are not involved in planning decisions, and, as a result, don’t start their […]

Medicare and Medicare Supplemental Plans (Medigap) Part 2

How Proper Senior Care Planning Will Determine Your Financial Future Part 2: Medicare and Medigap: How to apply and what you should know   If you’re new to Medicare, you need to learn about your Medicare choices.   Within Medicare exists different parts. Part A, hospital insurance, will help you cover any inpatient care in […]

Medicare and Medicare Supplemental Plans (Medigap) Part 1

How Proper Senior Care Planning Will Determine Your Financial Future Part 1: Medicare 2019 – What you need to know before 2020   Americans are getting older. As we look towards our retirement, a higher percentage of Americans than ever before will be entering their golden years. We have all read the news and heard […]

This “FIST” Can Knock Out Multigenerational Family Wealth

Ambassador Advisors’ unique perspective on finances is rooted in our value of Biblical stewardship. We believe everything we have is from the Lord, and—contrary to contemporary wisdom—we are only temporary caretakers of resources He’s entrusted to us. Paul wrote in 1 Corinthians 2:14, “The person without the Spirit does not accept the things that come from […]

The Added Value of Working with an Advisor

You may have seen the news that the financial services industry is experiencing a trend towards index funds–passive fund management options in which the holdings of a portfolio mirror the securities of a certain index, such as the S&P 500 or the Dow Jones. As this technique of money management increases in popularity, we thought […]

Is your SIMPLE ready to graduate to a 401k?

If you have a growing business with a SIMPLE IRA retirement plan, it may be time to “graduate” to a 401(k) plan. In an era dominated by big, expensive company 401(k) plans, the Small Business Job Protection Act of 1996 introduced a new type of retirement plan for small businesses called the SIMPLE IRA.  The […]

How Many Millenials Plan to Retire Early

Millennials currently are the largest generation in the U.S. workforce. Millennials differ from other generational groups both in their lifestyle and their attitude toward economic and social responsibility. They value their family. Forty percent of millennials with children hold a graduate degree, and close to 70 percent of those with children earn more than the […]

A Family Affair: Involving Family in Financial Decisions

Finances may seem like a private, personal matter, but significant headache and heartache can be avoided by involving those you love in discussions about your finances and financial decisions.   According to a recent survey released by GoBankingRates, 73% of Americans have not had conversations with their aging parents about finances. 22% of the survey […]

Retirement Planning Should Prioritize Healthcare

A recent white paper released by HealthView Services emphasizes that healthcare should be an integral aspect of any retirement plan. The data reveals the projected cost of healthcare, how medical conditions influence that amount, and how to plan for and reduce healthcare costs for retirees. Some of the key findings include:   As you would […]

You Don’t Have to be a Millionaire to Retire Like One

There is no magic wand that will turn your retirement fund worth $85,000 into a million dollars, and being a millionaire shouldn’t be your focus. Ambassdaor Advisors knows there are far more important things than wealth when it comes to happiness. But from a purely financial perspective and for the purpose of discussion, let’s begin […]