Category: Retirement
According to Tom Lauricella of the Wall Street Journal, retirement is likely to cost more than you think. In a recent Sunday Wall Street Journal article, Lauricella discussed the pros and cons of five common retirement myths: 1. You’ll probably retire earlier than expected. Sounds like a good thing, but it’s not. Among the most critical […]
The new Genworth numbers also provide yet more evidence that you need to save a good chunk of money for potential long-term care costs. Long-term healthcare is costly. And it’s only going to get more expensive. A recent nextavenue.org article, titled “Are You Set to Pay a $262,800 Nursing Home Bill?“, found that price increases […]
To find the Most Affordable cities, we started with America’s 100 largest Metropolitan Statistical Areas (MSAs) and Metropolitan Divisions (MDs), all with populations of 600,000 or more. When making purchases, more than likely you want to get the biggest bang for your buck. Everyone likes a good deal! So when deciding where to live and […]
When is the right time to create an elder law estate plan? Even though you may not want to be troubled with serious issues such as death, disability, and long-term care, you are better off to start planning now before it’s too late. This was the advice in a recent article in the Times-Herald Record […]
If you are a veteran, a veteran’s surviving spouse or a veteran’s surviving dependent in need of additional income, the Non-Service Connection Pension offered through the Department of Veterans Affairs may be just for you. Are you a surviving spouse or a dependent of a veteran, or even a veteran yourself? If you could use some extra […]
Future generations of homeowners should remember the frustrations and family struggles that were caused by the housing bubble being burst and exercise sounder judgment when it comes to buying their next home. Were you planning on using your home to fund your retirement? That strategy may not be as sound as it may have been […]
Either a will or a trust may be appropriate for your estate depending on your circumstances and neither is best for all situations. Which do you need more, a will or a trust? Or do you need both? Well, the answer really varies by person. Forbes recently considered this question in an article titled “Wills […]
Take advantage of these tips to grow your retirement nest egg this year. Are you saving for retirement? Whether you are or not, it’s never too late to start! But the earlier the better. A recent article in US News and World Report titled “5 Steps to Save More for Retirement” offers solid tips on […]
You were so helpful to me in September, clarifying the IRA charitable contribution. Do you know if the government is instituting that same contribution this year? We are well into tax season and planning for the upcoming year. Are you keeping up with the tax laws? As many retirees and their advisors review changes in […]
There any many reasons why patriarchs and matriarchs often have great difficulty letting go of the power and ownership of the family business. These may include (as with Queen Elizabeth) a fierce sense of duty, intense popularity, deep familiarity with the business, a desire to complete the heroic mission, and, not uncommonly, an unconscious fear […]
