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.
With advancements in healthcare and improvements in living standards, people are living longer than ever before, making longevity risk a critical aspect of retirement planning. Longevity risk—the chance of outliving one’s retirement savings—can create challenges for those aiming to sustain financial security through extended retirement years.
Retirement is a time to embrace new interests and a more relaxed pace, yet maintaining good health in retirement and achieving a balanced approach are key to long-term satisfaction. A well-rounded retirement isn’t solely about financial security—it also involves physical health and nurturing meaningful connections. In this article, we’ll explore
When preparing for retirement, it’s essential to consider all factors that could impact your savings, with inflation being a critical yet frequently overlooked one. Inflation slowly diminishes the value of your money, meaning that over time, your retirement savings may not stretch as far as they do today.
When you’re planning for retirement, Social Security should play an integral role in your strategy. Yet, optimizing Social Security benefits requires more than just selecting a claiming age—it’s about aligning your benefits with your unique financial circumstances. Because each person’s situation is different, a tailored approach
Financial planning is more than just saving for retirement—it’s about building a strategy that supports you through all stages of life. A plan that only addresses today’s needs overlooks the critical phases you’ll encounter along your financial journey. That’s why Milford Financial advocates for a financial plan for all phases
In today’s ever-evolving financial landscape, uncertainty is often seen as a challenge. At Milford Financial, we approach it as an opportunity to guide clients in creating a solid financial blueprint that aligns with their goals and needs, not just for today but for their future, as well. Our team believes
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Managing Inflation in Retirement
You may have noticed that the things you buy regularly have become more costly, and you may be pondering if inflation will stay high. For individuals close to retirement or already retired, it is essential to take measures to protect themselves from the eroding effects of inflation.
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.