Taken by itself, the word “risk” sounds negative. But broken down into what it really stands for in terms of investing, it begins to be a little more manageable. By understanding the different types o
Social Security Income
Estimating your future Social Security benefits used to be a difficult task, but not any longer. For an estimate of your projected benefits, go to www.ssa.gov/estimator. The retirement estimator gives
How Does Inflation Affect Me?
Are you saving for retirement? For your children’s education? For any other long-term goal? If so, you’ll want to know about a sometimes subtle, yet very real threat to your savings: inflation.
Inflat
How Can I Benefit from a Charitable Lead Trust?
Charitable lead trusts are designed for people who would like to benefit a charity now rather than later. You may have heard about some charitable trust strategies before but decided against them beca
Face the Facts: Topics to Discuss Now with Your Aging Parents
As we age and live longer, financial, legal, health care and long term care issues affect families, not just individuals. The Eldercare Locator produced this guide to help families “face the facts” ab
What is Medicare?
Medicare is a health insurance program for people who are age 65 and older, people under age 65 with certain disabilities, or people of any age with end-stage renal disease. Medicare is divided into a
Paying for Long Term Care
How will you pay for long term care?
Among all the uncertainties surrounding professional long term care is one sure thing: It costs a lot. Unfortunately, public programs cover only so much of the cos
I Retired – Now What?
Retirement is anticipated by many and dreaded by some. The closer that we get to achieving retirement, the more anxious we might feel about it, for it is a life altering experience. People who cannot
Planning for Long Term Care
About 70 percent of people over age 65 require some type of long-term care services during their lifetime. More than 40 percent will need care in a nursing home. Since there is a good chance that you
Caring for Elderly Parents
How to care for elderly parents is a major concern of many families and adult children, but how to ensure good health care, find the right living situation, and handle legal questions is often complic