Rob Lewis | Financial Planner at LFG Advisors

11,135 Flips | 8 Magazines | 16 Likes | 20 Following | 3,273 Followers | @LFGadvisors | Financial Services www.lfgadvisorsllc.com

5 of the Greatest Social Security "Secrets"

These secrets are hidden in plain view.<p>For millions of current and future retirees, Social Security will be a vital source of income. According to …

Ask Larry: ​​​​​​Can I Still File A Restricted Application For Spousal Benefits Only At FRA?

Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits.<p>Today’s column addresses questions about restricted applications, when to file, switching between retirement and spousal benefits, the implications of working in a …

Retirement

A likely shift in the mortgage market is creating 'prisoners' in housing

Prices have recovered to pre-housing-crisis levels. But with slow wage growth, that means there are fewer affordable houses available to buyers, especially in bigger cities.<p>On the surface, the price trend ought to be good news for existing homeowners looking to sell. However, the likely rise in …

Invest Now Or Temporarily Hold Your Cash

At some point in their lives, investors may receive a large sum of cash, such as a pension payout or inheritance. Finance theory and historical …

Class of 2017: Get a jump on adulthood with these 7 tips

College prepares students to be everything from accountants and teachers to government workers and health care technicians, but not all students learn basic money management skills. Here’s advice for this year’s graduates on how to succeed financially.<p><b>1. Use a tried-and-true budgeting strategy</b><p>A …

Personal Finance

What's My Projected Required Minimum Distribution?

Make sure you take out enough from your retirement accounts to avoid big penalties.<p>IRAs let you get tax advantages throughout your career, but the …

6 Signs that Retiring Early Would be a Good Choice

How would you like to retire a few years early? It may not be as impossible as you think.<p>Wouldn't it be great to retire from your job at age 60 or …

Buying or leasing a car: Do you know all the pros and cons?

Do you know all the pros and cons of each option?<p>There are several factors to consider when deciding to buy or lease a car, as both options have several benefits and downsides. For example, in addition to the monthly lease or loan payment, you need to consider how much you plan to drive, how often …

Personal Finance

3 Reasons Taking Social Security Benefits at Full Retirement Age Is a Great Idea

How does getting every cent in benefits you're due sound?<p>As of March, more than 61 million people were receiving a Social Security check each month. …

Mike Bostock graphs federal income tax brackets and tax rates, and I connect to some general principles of statistical graphics

Mike “d3” Bostock writes:Regarding the Vox graph on federal tax brackets, here is a quick-and-dirty visualization of effective tax rates for a given …

Retirement

How Long Can The Rally Last?

The question of the ages, how long will the rally last?<p>Based on demographics it looks like a long time.<p>Labor market indicators concur, we can expect …

Should I Convert My IRA to a Roth IRA?

Run the numbers and find out what your best move is.<p>Roth IRAs are extremely valuable tools for saving for retirement, and thanks to law changes that …

3 Ways Credit Card Debt Can Ruin Your Life

Don't mess around with credit card debt. You never know how it might affect you in the long run.<p>Even though it's pretty much the worst type of debt …

Guess How Many Borrowers Are Defaulting on Their Student Loans

More and more Americans are struggling to make their loan payments -- and it's a real problem.<p>Though you'd think the bubble would've burst by now, …

Who killed retirement security? If you look closely, it wasn't the 401(k)

“America’s retirement savings system has failed,” famed financial planning author Jane Bryant Quinn has said — and she isn’t short of company.<p>Media …

Here's How to Determine Your Ideal Asset Allocation Strategy

How much of your portfolio should be in stocks? Bonds? Cash? Here's how to figure it out.<p>Asset allocation is one of the most important concepts for …

Don't Make These 7 Social Security Mistakes

If you're knowledgeable about Social Security, you can collect a lot more from the program than you otherwise would. Here are seven costly mistakes …

Global retirement 'timebomb': Why you'll have to work past 70

Hoping to retire before you turn 70? Too bad.<p>The world's richest countries need to drastically hike their retirement ages in order to prevent pension systems from collapsing, according to the World Economic Forum.<p>Working until at least 70 should become the norm by 2050, the group recommends in a …

Retirement

The 3 Most Common Scams of 2016 and How to Avoid Them in 2017

Fraudsters are always coming up with new ways to find and defraud their victims. Here are the three most common approaches from last year.<p>If there's …

How Your State Could Change Your Insurance Under Trumpcare

If the final version of Trumpcare allows states to waive insurance plan requirements, it could raise your healthcare costs significantly.<p>Where you …

Finally, an Answer! 4 Reasons Millennials Are Waiting to Buy a Home

Fewer millennials are buying homes today than in years past. Here are the factors influencing this trend.<p>Say what you will about millennials and …

3 Things Most Americans Want In Retirement And How To Get Them

Gone are the days when the word “retirement” conjured up a do-nothing, rocking chair existence. Today’s retirement is a whole different ballgame. We now know that retirement is really a process, and that it involves a continuum that changes over time. Retirement could last 30 years or longer, so …

Retirement

The 10 best places in the world to retire in 2017

Mexico topped the list of best places to retire abroad.iStock / Patryk Kosmider<p>There’s a new best country in the world to retire, according to the experts at International Living (IL), an authority on global retirement and relocation opportunities. In its Annual Global Retirement Index, Mexico — …

Retirement

5 money goals to check off by 30

Adulting full time, for the first time, also means getting our finances in order.<p>Of course, we don't need to have everything figured out by 30 (thank God), but checking these goals off the list can help set a solid financial foundation we can build on in the decades to come.<p>1. Using a budget that …

Which States Have the Best College Savings Plan Deductions?

Best States for College Savers<p>Which states have the best deductions and credits for 529 plans<p>Updated November 14, 2017<p>A popular method of saving for …

2017's 3 Best Index Funds

2017 has been a tumultuous year, with plenty going on in the political and financial realms. Yet the stock market has done quite well, and index funds that track popular stock benchmarks have given their investors solid returns. In particular, among the most popular exchange-traded funds, <b>iShares</b> …

Investing

Worried about volatility? Morningstar suggests these five stocks

No matter how bad the stock market gets, people still gotta eat.<p>That appears to be the thinking at Morningstar, which suggested five stocks investors …

Frugal retirees ditch 4 percent rule, hoard savings instead

Retirees may be overly pessimistic about their future financial health and that may lead them to spend less than they could otherwise, according to a …

Retirement

5 ways to start planning for retirement in your 50s

When you reach your 50s, retirement is no longer so far off. It's right around the corner, and there's no time to waste. Just as there are at every …

Retirement

Tony Robbins: Hidden fees are killing your retirement plans

Best-selling author and life coach Tony Robbins says that hidden fees in retirement plans are confusing and a major problem for retirement savers. …

Retirement