What’s the Key to Saving Money in Retirement?
Seniors with limited income need to find ways to lower their medical costs. Here are some options for keeping those healthcare bills in check.
Seniors with limited income need to find ways to lower their medical costs. Here are some options for keeping those healthcare bills in check.
The inheritance you leave could be eaten away by taxes or given to the wrong person. Here are five tips to avoid that.
Estate planning is all about ensuring that your wishes are met after your death. All estate plans should include a will and powers of attorney. However, in many cases, a trust has additional benefits beyond what can be accomplished with the will and powers of attorney.
September is the most common birth month of the year. It’s also a good time for new parents to think about the financial side of their parental responsibilities.
Cindy, a widow in her early 60s, was undergoing physical therapy for an injury to her foot, making it difficult for her to get around. In addition, she was suffering depression brought on by the immobility and pain, resulting in her neglecting to pay bills and taking care of other financial affairs.
The availability of long-term care insurance policies is continuing to decline, even as the need for such care is growing, an interagency task force led by the Treasury Department has said.
The passing of a spouse is a devastating time in a person’s life and one that throws their world into turmoil. While in the midst of grieving, they’re confronted with a multitude of responsibilities requiring their attention — not only the immediate tasks of preparing for memorial services and notifying family and friends, but also beginning to tackle the requisite legal notifications and financial changes.
To ensure your estate is settled in the way you want, it’s wise to do a bit of extra planning to keep your documents up to date.
There tends to be a lot of excitement in the air as one approaches retirement. Contemplating how to spend one’s golden years represents the culmination of decades of hard work and the ability to enjoy the fruits of one’s labor. While the enthusiasm is warranted, it’s also crucial to make some important financial planning decisions before the fun begins.
Deciding when to start receiving Social Security retirement benefits is an important decision. Making the wrong choice could cost you.