A lot of older Americans are converting the equity in their homes into cash, by using a type of loan called a reverse mortgage. The money from a reverse mortgage can provide seniors with the financial freedom they need to…
It makes no difference whether you retire at 65 or 75 years old, for most elderly – except the very best off – a serious concern that most have is whether or not they will outlive their income and assets.…
It is no secret that college costs rise every year and generationally we are saving less and less. This created a problem that was "resolved" by the creation of the 529 plan. A 529 plan is a tax-advantaged savings plan…
Over the next 50 years, an estimated $45 trillion is expected to pass through estates toheirs and charities, the largest transfer of wealth in history. That alone justifies theimportance of having estate documents in place, such as a will, powers…
For most senior citizens starting retirement, one of their primary concerns is whether they will outlive their assets and income. Even with what appears to be an adequate nest egg, most retiree’s concerns are legitimate considering all the variables that…
Until you go through it, you just don’t know how emotionally and financially devastating it is to put a loved one into a nursing home. Couple this with the fact that the 100+ community is the largest growing segment in…
The job market is pretty grim with more than 438,000 jobs have been lost already this year,according to the Bureau of Labor Statistics, and companies across a range of industries,from financial services to retail, have been extending early-retirement packages in…
Many adults recognize that they have bad spending habits, but like other bad habits, the spending ones are just as hard to break as bad eating, bad sleeping, or even drug habits. These bad spending habits mean that many families…
This is the most common reason people give us for not wanting to buy a Long-Term Care Insurance Policy! However, does this statement really make sense? Should we look at the possible need for long-term care with a little less…
What does that mean? It simply means that the best time to consider whether an adjustment needs to be made to something is before it starts to go bad. In the stock market, for example, most people wait until they…
