Seniors can have a power of attorney in place, a health care directive and a will, but all of that planning can be overturned by a guardianship being established by a nursing home.
For those who can afford to do so, stop leaving investment returns behind by making both the 2014 and 2015 IRA contributions by April 15.
Make this the year you’ll complete everything on your financial to-do list. Start with these money moves.
The HECM program was designed to allow seniors to purchase a new principal residence and obtain a reverse mortgage within a single transaction.
Renting versus buying is another decision. What’s available and affordable in the area where you decide to live is a consideration.
If your children moved away from where they were raised, you may want to consider following them in retirement.
Illinois will create a statewide program for private-sector workers who don’t have access to an employer-based retirement saving plan.
There’s no better time to evaluate your personal finance habits than the beginning of a new year.
In December, Illinois passed a bill to roll out automatic IRAs for workers not covered by a workplace plan. You won’t believe who hates the idea.
These four smart savings moves can help set you on the right path to retirement.