Retirement Planning is Changing
In places like France, proposals to raise the retirement age are met with street protests. Yet around the world, the retirement age is creeping up; in the United States, it is moving up from 65 to 67. In fact, 2019…
What to do When You Inherit an Unwanted Timeshare
Way back when Mom and Dad bought a timeshare in a holiday resort, the resort agent suggested that they sign a deed leaving the share to their children, so that when the parents passed, the kids could continue to enjoy…
How Senior taxes, money, and retirement Could Change in a Biden Administration
The Biden Administration could bring significant changes to the current landscape for older Americans. Biden has outlined what he would like to accomplish for older Americans, and this article is intended to summarize some of those plans. Social Security benefits…
Your Digital Assets are Growing – Do You Have a Plan?
Today, there are very few people without a digital footprint anymore. From social networks like Facebook, Linkedin, Instagram, Twitch.tv and Twitter, blogs and licensed domain names, email, music, photos, seller accounts on eBay, Amazon, or Itsy, gaming accounts, even your…
Alzheimer Costs that most families don’t know about
When taking into account the costs of dementias like Alzheimer’s disease, policymakers consider both indirect and direct costs. Direct costs, in this instance, are the medical and social/non-medical care costs related to dementia; on average, expenses included $273 per month…
Tips to help minimize the risk of seniors falling
The Centers for Disease Control and Prevention reports one out of five senior falls causes a serious injury like a broken bone or head trauma. Injuries of this sort can make life difficult for an older person to do everyday…
When Medicaid Crisis Planning is Appropriate
Medicaid is available to individuals who meet certain asset requirements that help them pay for long-term care (LTC) costs that is a joint federal and state program. Long-term care often creates devastating financial impacts on Americans, particularly the elderly, and…
It May be Time for an Estate Plan Checkup
To make sure they are still good, you should check your estate planning documents every so often. This is especially true with big life changes like births, marriages, divorces, and moving to another state. Children grow up, marriages dissolve, property…
Options for Life Insurance
Recently, the world around us and current events have made many of us think about our mortality and how to make sure our loved ones are taken care of especially if we die unexpectedly. Life insurance can be an affordable…
Senior COVID-19 approach by a Biden Administration
With the Biden Administration being set to take office in January, it is worth looking at the pledges and potential policies put forth by this administration. With a Democratic president, the House with a Democratic majority, and a closely divided…