Lori and I have our two children, Chuck and Jordan. As any parent, who raised their children in a responsible way, we thought our kids would take care of us to some degree in our later years.
Few terms in personal finance are as important, or used as frequently, as “risk.” Nevertheless, few terms are as imprecisely defined.
Caring for your aging parents is something you hope you can handle when the time comes, but something you probably hope you never have to do.
You’ve researched long-term care insurance (LTCI) and are seriously thinking of buying a policy. Just make sure you’re doing it for the right reasons–don’t be swayed by unsubstantiated sales pitches. Here are some claims you’ll want to think twice about.
Most of us know it is smart to save money for those big-ticket items we really want to buy, a new TV, a car, how about a house? You may not realize that probably the most expensive thing you’ll ever buy in your lifetime is your retirement.
Having met with thousands of individuals during the 25 plus years of my career, I have noticed most people tend to make similar mistakes.
When you boil it down, there’s really only three places where you can invest money:
In 1966 the Guinness Book of Records named J. Paul Getty the richest private citizen in the world. At his death in 1976, his net worth was estimated at more than $25 billion (in today’s dollars).
The 8 retirement deadlines you need to know to plan the retirement of your dreams!
Traditional long-term care is very expensive, learn some alternatives to traditional long-term care.
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