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3 Reasons to Consider Umbrella Insurance

Do you own a home?  Do you have a long commute?  Are you a dog owner?  If you answered yes to any of these questions, an umbrella insurance policy is worth looking into.  As you probably know, we don’t sell insurance here at Independence Advisors. However, risk management is a key part of any comprehensive […]

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Insurance – Don’t Set It and Forget It

Key Takeaways: People change over time and so their insurance needs change too. Insurance policy expenses and their underlying crediting rates can change over time Periodic insurance policy reviews are critical. Remember Ronco founder, Ron Popeil’s, signature tagline for his famous rotisserie oven– “Set it and forget it”?   That might be fine for cooking convenience, […]

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The Safe Savings Rate

Key Takeaways • Where it all started–the safe withdrawal rate. • My transition to the safe savings rate—the amount of income you need to sock away for retirement. • A comprehensive financial plan is best, but off-the-shelf tools and two popular “rules of thumb” can help. The Safe Withdrawal Rate About 20 years ago, a […]

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How Much Life Insurance Do I Need?

Key Takeaways:  The purpose of most life insurance policies is to ensure that your loved ones will be financially secure upon your death. Keep the big picture in mind. Instead of using rules of thumb, consider your specific situation and determine an amount that will allow your loved ones to maintain their standard of living. […]

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Making Lemonade from Lemons (An Oldie But Goodie)

Key Takeaways • Don’t let taxes drive investment decisions • Every portfolio experiences losses at one time or another. Use those losses to your advantage • Be mindful of the timing of trades especially in light of the wash sale rules We often talk, especially towards year end, about loss harvesting or harvesting your losses, […]

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Retiring and Relocating, 4 Key Considerations

You have had enough! One too many meetings. One too many stupid bosses, and one too many young whipper-snappers trying to steal your job. You pick up your gold watch (they don’t really do that anymore do they?), attend your retirement party and now what?

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Avoiding Social Security Tragedy

At Independence Advisors, I advise clients regularly regarding when and how to begin receiving their Social Security benefits. Although, I don’t tend to be a conspiracy theorist, if I were the latest tragedy occurring with the Social Security Administration (SSA) would set off alarm bells.

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