Retirement Planning

Bouchey Financial Group

What Is The Difference Between Medicare and Medicaid?

By Samantha Masey | May 3, 2022

Written by: Jenny D. Foley, CPA As the baby boomer generation continues into retirement, a common financial planning question we hear is, what are the best options for medical insurance and long-term care needs for retirees?  This article will answer: What is the difference between Medicare and Medicaid? Who is eligible for Medicaid? How does…

Do I Need to Take a Required Minimum Distribution?

By Samantha Masey | March 29, 2022

Written by: Nicole Gobel, CPA In every industry there are acronyms. In the investment advisory and tax planning world, RMD or MRD is often used. Both stand for Required Minimum Distribution. This is the minimum amount one must take as a distribution from various retirement accounts each tax year and is specific to each individual…

Bouchey Financial Group

Webinar Recording: Financial Planning Tips for Working Professionals

By Samantha Masey | March 16, 2022

Listen to Marty Shields, Samantha Masey, and Vincenzo Testa discuss their recommendations for financial planning tips for working professionals. Discussion includes: Budgeting & Debt Management Saving for Retirement Maximizing Employer Benefits Risk Management

Bouchey Financial Group

A Young Professional’s Guide to Saving for Retirement

By Samantha Masey | February 8, 2022

Written by: Samantha Masey Many young professionals are not aware that saving for retirement now will have a huge impact on their financial picture in the long run. This article offers three practical steps to get their financial life on track. Three steps for savings towards retirement: Create a Budget Contribute to Employer Retirement Plans…

Bouchey Financial Group

Three Reasons to Consider a 401(k) Rollover

By Samantha Masey | February 1, 2022

Written by: Harmony Wagner, CFP® 401(k)s, 403(b)s, and other similar employer-offered retirement plans have some great benefits. These plans make it easy to save directly from your paycheck and can help simplify the investment experience, especially for those in the early years of retirement saving or who have a relatively low account balance. However, there…

Bouchey Financial Group

How Much Do I Need to Retire?

By Samantha Masey | January 28, 2022

Written by: Nicole Gobel, CPA “How much do I need to retire?” is possibly the most important question that an advisor can help answer for a client. While the answer is different for every situation there are essential pieces of information that should always be part of the conversation. Some are factual, while others are assumptions…

Should My Investment Allocation Become More Conservative in Retirement?

By Samantha Masey | November 2, 2021

Written by: Harmony Wagner, CFP® Retirement is one of the biggest financial transitions for many people, and one that often leaves people wondering if they should become more conservative with their investment allocation. Going through this type of significant life transition can make people feel like they must make a major corresponding adjustment in their…