Retirement

How Long Should You Wait?

Updated: 2012-07-30 22:59:36

Many seniors have purchased auto, health, and homeowners insurance for decades as a way to pay those unexpected expenses that they can't afford to pay on their own. You might also have this insurance because the law or mortgage company required it, or just because you want to protect your assets. You're older know and my consider when to buy [...]

How do You Rate for Life Insurance?

Updated: 2012-07-30 22:55:01

As you begin retirement, you may choose life insurance to payoff your bills, estate taxes, take care of a spouse or create a legacy for your love ones at your death. Whatever your reason, the benefits of life insurance comes at a cost; and that cost is the premiums you pay. Those are determined by your life insurance rating or [...]

Homecare Service Contracts are not LTC

Updated: 2012-07-28 21:42:11

Living in your home while recovering from an illness or injury is certainly preferable to sitting in a nursing home, and homecare service companies can often provide the care needed. Unfortunately, there have been cases where homecare firms offered contracts that caused some seniors with poor health to think that they were getting much more. A homecare provider's services may [...]

Jul 28, Park Model RV

Updated: 2012-07-28 20:11:36

Hi Gary, We've posted on your blog before when we were traveling fulltime in our RV, and down the road a few more years we probably will be fulltiming

Help Your Spouse (or beneficiary) Settle Your Estate Now - While You Can!

Updated: 2012-07-27 09:59:20

Would you purposefully and knowingly increase the hardship on your spouse and beneficiaries at your death? If not, then using this estate settlement checklist now is mandatory. We collect and lose a lot of information about what we have. Do you know where your insurance policy, deeds, will, and all of your bank accounts-just to name a few-are? If you [...]

Get Your Life Insurance Proceeds to the Beneficiaries You

Updated: 2012-07-27 09:54:11

Assigning life insurance beneficiaries is a tricky business. You may be married and have a couple of kids; or you may be married to a second wife with children of a previous marriage. You assign a beneficiary and a contingent beneficiary with an intended idea of who should get your insurance proceeds and for whom they should be used. Unfortunately, [...]

How to Buy Life Insurance Without a Medical Exam

Updated: 2012-07-27 09:47:19

While it's possible to get life insurance without a medical exam (no medical life insurance) , let's deal with four common instances and their tradeoffs. First, understand that in many cases, the "medical exam" is obtaining a urine and blood sample and that's it. The medical professional even comes to your home. Only at higher amounts of insurance, e.g. $1 [...]

Funeral Insurance, Funeral Trusts, and Funeral Agreements

Updated: 2012-07-24 22:01:16

When you die, funeral decisions and payments come first and fast. Will these issues be handled by you now or by your loved ones after you pass? And, where will the money come from? Many seniors are making their funeral decisions and payments now to minimize the stress and anxiety it may cause their loved ones. The last think you [...]

Quiz: FERS Route to Retirement is Not Right for Everyone

Updated: 2012-07-24 15:37:58

FERS Route to Retirement is a new program designed to help federal employees learn about their benefits and plan their federal retirement, but it's not right for everyone.

For Many Women, the Nursing Home Does Not Have To Be the Last Resort

Updated: 2012-07-23 22:07:20

Long-term care insurance is designed to be there when you and your family need it. And you hope that you never will. But as our life spans have grown increasingly longer, the odds of requiring medical care for an extended period have become greater. So have the odds of facing staggering healthcare bills as a result of a prolonged stay [...]

Five Essential Questions to Ask before You Choose a Long-Term Care Insurance Policy

Updated: 2012-07-22 21:57:26

Long term care insurance is necessary to cover the costs of inability to take care of yourself as you age. Purchasing a long-term care insurance policy is a major financial decision. The cost of the coverage, and the impact it could have on your financial security makes it imperative that you understand what you're buying before you sign your name [...]

How Much Does Long Term Care Cost?

Updated: 2012-07-21 21:46:48

A Fidelity Investments study reveals some of the statistics and long term care costs that the American family will incur. In just 10 years, approximately 50 million Americans will be over the age of 65. More than half of them will require at least one year of long-term care (LTC), and 20 percent will require more than five years of [...]

Bipolar Markets Require a Game Plan

Updated: 2012-07-18 17:53:26

If you’re going to keep retirement money in the current bipolar stock market a game plan is necessary. The price swings fueled by constant rumbling across the financial landscape about geopolitical developments, rumors, institutional agendas, insider trading, manipulations and misleading information stacks the deck against those outside the heart beat of Wall Street. To have [...]

Dealing with the Greatest Risk of Retirement

Updated: 2012-07-16 18:05:39

Making retirement money last as long as they do is the focus of most retirees. This “longevity risk” is faced when moving from “accumulating” to “spending” and many financial plans fall short in addressing it. For a couple now aged 65 there is a fifty percent chance one spouse will be alive at [...]

Jul 11, Use a Mexican dentist and save

Updated: 2012-07-11 18:49:16

Use a Mexican dentist, save big bucks, another advantage of retiring in Arizona

Jul 8, Retire to Cottonwood

Updated: 2012-07-08 22:45:11

Retire to Cottonwood, small town Arizona retirement living with plenty to do

Hope and a Prayer or Guarantees?

Updated: 2012-07-06 15:16:19

Over the last 4 years, because of the Great Recession, those looking to retire have faced severe challenges to their hopes and dreams for those “golden” years. I was recently interviewed for an article in US News and World Report titled, “Investors Seek Nontraditional Retirement Savings Options,” written by David Francis. In it he says: “Pension [...]