Seniors who want to age in place may need to install features that make it possible to achieve that goal.
Investing is for the intermediate to long-term financial goals, like investing for a young child’s college education or meeting your income needs in retirement, especially for those who are in the early to middle years of their career.
Your compensation package is more than just pay. Do you know the benefits your company offers?
So-called “robo-advisers” can provide investment advice with low AUM fees and account minimums.
For people who plan to rely on Medicaid for long-term care, knowing the differences in the states’ coverages may be a factor in deciding where they want to live in retirement.
“Pause laws” give financial institutions and advisers the right to delay executing a transaction they think is suspicious.
It is possible to request the Social Security Administration to use your current income levels if you experienced a life-changing event that causes your income to drop substantially.
When you’re a senior, the talk is more likely to mean letting your family know your concerns and wishes for end-of-life care.
Assisted living is expensive, and there are alternatives to it like personal home care that may be less expensive. The point is that seniors need a long-term care plan.
For 6 in 10 (59 percent) employed retirees, the primary reasons they work are nonfinancial, including to stay mentally alert (18 percent), to remain physically active (15 percent) or to have a sense of purpose (14 percent).