Emily Brandon of U.S. News explain exactly the steps a pre-retiree should take at specific ages.  This is a great guideline to maximize your retirement.   Age 50. One benefit of growing older is that you can save extra money in 401(k)s and IRAs. Workers age 50 and older can defer taxes on as much [...]

For many who are approaching retirement the costs involved are not properly estimated.  This blog highlights the key items to cover in a successful retirement strategy:   Healthcare and Long Term Care:   For many age 65 is when Medicare will kick in, however Medicare doesn’t cover all of your medical expenses, therefore a supplemental coverage [...]

Rising costs in healthcare have many retirement planners worried.  The 2013 Cost of Care Survey reports that private-room nursing home care rose 13% since 2009 to an annual cost of $83,950.  Some estimates put home nursing care at around $10,000 a week.  To prepare for such medical expenses, financial advisors suggest people start preparing by [...]

The need to cover Long Term Care is a discussion that comes up daily in our business.  How to do it, should we do it, how much is the cost, is it worth it and so on and so on.  If you are looking into LTC coverage, your a bit limited to the companies that [...]

When most people think of retirement planning, they immediately think about money and the planning that goes into saving for their golden years.  While money is no doubt important, retirement planning includes another extremely important decision and that is where you are going to live.   How can you get the most bang for your [...]

When most people think of retirement planning, they immediately think about money and the planning that goes into saving for their golden years.  While money is no doubt important, retirement planning includes another extremely important decision and that is where you are going to live.   How can you get the most bang for your [...]

Retirees have the best years of their lives to look forward to right?  Absolutely! No more 9 to 5, no more AM traffic (unless it’s to the golf course), no more sales meetings, suits or ties or horrible bosses.  It’s all gardening, travel and relaxation right?  Well, there’s also a fixed income that you have [...]

Health care costs are on the rise, which makes insurance more expensive.  Insurance carriers, in order to keep up with the rising rates of health care costs, must raise their rates.  The state of Connecticut is stepping in, and helping out their people.  Earlier this week, two bills were proposed, House Bill 6321, and Senate [...]

Earlier this week, two bills were proposed in the state of Florida that could make it easier for long-term care carriers to do business.  Right now, when an insurance carrier files marketing materials in a state, the regulators have 30 days to review those materials before they can start being used.  With the introduction of [...]

If you put a group of 60 year old chronologically gifted, calendar endowed wise advisers in a room and asked them about using their planner website as a marketing tool along with social media, there would be some saber rattling about its effectiveness.  Apparently not even with the leader of the Catholic Church bowing out [...]