Tag: Retirement Planning
Oct 9, 2023
A survey done earlier this year by Forbes Advisor found—drum roll—that people who live in states with a lower cost of living are able to save more than those who live in more expensive places. Make that an eye roll rather than a drum roll. While I love research that...
Sep 25, 2023
An essential component of planning for retirement and old age is building financial resources to pay for long-term care. Yet having enough money is not automatically a guarantee of getting the best care you need when you need it. The biggest problem is availability....
Jul 24, 2023
Many of my older clients, aware of their declining physical capacities, are increasingly open to the idea of receiving in-home healthcare. It’s an excellent way for seniors to maintain their independence and stay in their own homes as long as possible before...
May 8, 2023
When someone engages an “advice-only” financial planner, the relationship often lasts for the client’s life. I have experienced this with numbers of clients over my 40-year career. One of the main concerns many of my elderly clients express to me is a need to be sure...
Jan 23, 2023
Last week’s column concluded that, while long-term care insurance is unaffordable for most Americans, everyone needs a long-term health care plan. Knowing how long you may live is one of the first variables to consider in putting together such a plan. A number of...
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