Retirement Ready?

Does the thought of retirement make you nervous or are you still in the stage where you’re throwing out all the mail you get from AARP?  Peter Finch for the New York Times offers a detailed, five-year plan to help you prepare.  Finch explores the process by breaking each year down into easy steps, ranging from calculating self-worth/future needs, to recognizing health insurance options, investigating reverse mortgages, and considering long term care.

Countdown to Retirement: A Five-Year Plan

Health Care Free Market?

Exactly what does it mean to have a health care free market? According to Farzon A. Nahvi for the New York Times, it would involve an adjustment in our sensibilities about life and death.  He based this assessment on the patients sent to his ER by well meaning bystanders who called EMS when they found people unconscious on the street.  As a community are we prepared to look the other way and not try to help?

Don’t Leave Health Care to a Free Market

Long Term Care, Worth It Or Not?

v_3975Long term care insurance is quickly losing its shine.  In the 1990s these policies were sold in large numbers and seen as the best way to preserve your style of living as you aged.   Since that time, premium rate increases due to high claim volumes and low lapse rates have made the plans much less affordable.  Darla Mercado for CNBC examines when these policies may be right for you and what other ways you can plan for unexpected care needs in Less is more: The dilemma over long term care insurance.

Close to Retirement? Questions to Ask Now

Health Insurance 3d concept illustration

 

 

Do you know at what age you will become eligible for medicare?  What is your sign-up       window, and can you defer enrollment if you are still working and covered by an employer insurance plan?  Turns out, knowing these answers is very important and may save you a good deal of money in the long run.

 

Ten Tips for Advising Clients About Medicare