Milford Financial Blog
At Milford Financial, we’re committed to helping you make informed financial decisions. Our blog offers insights on retirement planning, tax strategies, and more—designed to provide clear, valuable guidance for your financial journey.
For many people, retirement is not a single event but a gradual process. This makes financial planning for the transition years an important step in preparing for the future. The years between full-time work and full retirement often include part-time employment, lifestyle adjustments, and evolving income sources. Taking time to
For many households, Social Security represents a significant source of retirement income. Understanding how spousal and survivor benefits in Social Security work can help couples make more informed decisions. These benefits are designed to provide income not just for individuals, but also for their spouses and surviving partners.
As retirement draws near, adapting your financial plan for retirement becomes increasingly important. The years leading up to retirement often bring new priorities, shifting expenses, and changes to income sources. A thoughtful review can help you align your financial strategy with both immediate needs and long-term goals.
As life expectancy increases, so does the likelihood of needing care later in life. Long-term care services—such as in-home assistance, assisted living, or nursing facility support—can carry substantial costs. For individuals planning for retirement, financial planning for long-term care expenses is becoming a more important part of a
Life rarely follows a straight path. From marriage and parenthood to career changes, inheritance, or retirement, major life events often come with emotional and financial shifts. Preparing for the unexpected—or responding thoughtfully to it—is where financial planning during life transitions becomes especially valuable. At Milford Financial, we help clients develop
When considering life insurance in retirement, it’s important to understand the differences between permanent and term life insurance. Exploring these life insurance options, including the unique benefits of term life policies, can help you make decisions that suit your financial goals and legacy planning needs. This
Retirement is an ideal time to embrace the activities you love and enjoy the rewards of years of hard work. …
Estate planning plays a crucial role in protecting your assets and ensuring they’re managed according to your wishes. …
Long-term care planning is a key component of a comprehensive financial strategy, especially as retirement approaches. The costs of long-term …
If you have a retirement plan but haven’t looked at it in a while, now might be the perfect time …
When planning for retirement, one key concern is longevity risk—the possibility of outliving your financial resources. With increasing …
In financial planning, wealth isn’t just a measure of assets—it’s a tool to help shape a meaningful life. For many, …
Birthdays Over 50 Worth Celebrating
Before you start planning for retirement, make sure you put these relevant dates in your calendar. Beginning at 50 years old, there are several birthdays that are essential to be aware of as they can influence your retirement timeline and overall financial plan.
Past performance is not indicative of future results. The material above has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed, and Milford Financial makes no representation or warranty as to the accuracy or completeness of the information, which should not be used as the basis of any investment decision. Information contained on third party websites that Milford Financial may link to are not reviewed in their entirety for accuracy and Milford Financial assumes no liability for the information contained on these websites. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of writing and are subject to change without notice. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission from Milford Financial.
