Atlaswealthadvisors.com

Retirees: Beware the Medicare Cliff that Could Cost …

WebSource: Centers for Medicare & Medicaid Services (CMS) If, at age 63, your adjusted gross income (AGI) is $88,000 or less for a single filer or $176,000 as a joint filer, you will pay …

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URL: https://www.atlaswealthadvisors.com/atlasinsights/high-income-retirees-beware-the-medicare-cliff-that-could-cost-you-thousands

Health Care Costs Skyrocket in Retirement

WebHealth care costs can drastically increase during the retirement years and you may find your health increasingly becoming a costly concern. According to a recent study, “ a 65-year …

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Can You Make A Deductible Contribution To Your HSA

WebHSA contribution rules seem pretty straightforward at first. However, the rules become complicated in years when there will be a change to coverage. Perhaps a client is …

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Atlas Wealth Advisors

WebAvoid missed opportunities and unnecessary taxes. Our team of tax and retirement experts will help you minimize taxes now, and through retirement. Your retirement is too …

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3 Reasons for Retirees to Claim Social Security Benefits Early

Web2.) You’re in poor health or don’t expect to live to your life expectancy: So much of your strategy to maximize Social Security benefits will depend on how long you expect to live. …

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The Pros and Cons of Housing Options for Your Aging Parents

Web4. Nursing Homes. By contrast, a nursing home is designated primarily as a medical facility. This environment provides 24/7 care for seniors in need of regular medical support. …

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4 Tips for Performing a Financial Checkup with Your Aging Parents

WebJust as with physical health, the first step toward a positive accurate diagnosis and treatment is to perform a checkup. Learning Their Roadmap. When you go in for a …

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Making Sense of Social Security Disability Benefits

WebBut we might be surprised at how tenuous our hold is on physical health and wholeness. Social Security started in 1935 in reaction to the suffering of the Great Depression. The …

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The ABCs of Behavioral Bias: Part One

WebThe ABCs of Behavioral Bias: Part One. By: Atlas Wealth Advisors on Feb 28, 2018 3:49:48 PM. Behavior Bias Investing. Welcome to your first installment of the “ABCs of …

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7 Principles of Retirement Planning: Principle 1

WebGoal: Turn your hobby into a new business. Step 1: Research the current market and competition. Step 2: Write a business plan. Step 3: Determine start up and operational …

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3 Reasons To Consider Delaying Social Security Benefits

WebYou're in good health and expect to live past the standard life expectancy. You don't need the money and can use other assets while your benefits grow. You want to take …

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My Income In Retirement: Is that Taxable

WebHealth Savings Account (HSA) Withdrawals: HSAs offer tax-free withdrawals for qualified medical expenses, making them a valuable tool for retirees. Tax Reporting in Retirement: …

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Planning for the Worst is the Best Thing You Can Do

WebAs retirement is getting longer, it is also getting more expensive. If you’re in good health at age 65 and your family tree is packed with people who lived long lives, common wisdom …

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Strategies When You Are Married And Filing For Social Security

WebRemember, Social Security benefits are calculated based on lifetime earnings. If you or your spouse spent more of your marriage as the primary breadwinner, it may benefit you both to claim on behalf of the high-earners lifetime income. There are two ways the IRS calculates the spousal benefit: (1) for a non-earning spouse who doesn’t …

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End of Life Decisions, Lessons for the Sandwich Generation

WebWhen the health of a parent or loved one is in decline, you don’t want to spend your final moments with them wondering if they would approve of the treatment they are receiving. …

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3 Self-Care Tips for People in the Sandwich Generation

WebAs you think about your own role as caregiver, whether it is for your parents or children, here are three tips that can serve as guiding principles to help lower your stress level and …

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Learn How Your Social Security Benefit is Calculated

WebThe Social Security Formula. For 2023, the Social Security formula is set as follows: 1. Take the first $1,115 of your AIME and multiply it by 90%. 2. Take the amount of your AIME …

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Go With the Flow

WebIf you're planning on using the stock market as you navigate your life goals, you need to understand how the market works. Without a clear picture, it's easy to get swept up in the …

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7 Principles to Help You Plan for Retirement Like a Pro: Principle …

Web3 Retirement Spending Tips for the Road. Our principles thus far have been largely about preparing for your retirement journey, but this last one includes information about …

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2020 Year-End Client Letter

WebFrom a new all-time high on February 19, the market reacted to the onset of the most significant public health crisis in a century by going down roughly a third in five weeks. …

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Frequently Asked Questions

WebOur process begins with getting to know you, what’s important to you and how you would like to work.We then design a financial plan and investment strategy to help you achieve …

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How Should You Invest When There Is So Much Bad News

WebRemember, your health and well-being aren't just shaped by what you eat or your daily activity level. Your health is also influenced by what you watch, read, and listen to each …

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