There is a double meaning in the word retire. Primarily, the word refers to retirement planning. The other meaning of the word “retire” is to “end” or in this case, to “pay off.” Will baby boomers be able to achieve the classic retirement – stepping down from work at age … Continue reading
Long term care insurance provides coverage for people who need assistance with daily living tasks because of mental or physical disability. Assistance can be as little as a few hours a day of in home help or as much as 24 hour a day supervised residential care for Alzheimer’s patients. … Continue reading
As the end of calendar year 2012 approaches, it is time to think about holiday cheer and employee benefits. Employees who set aside funds in a health care flexible savings account have until the end of the plan year to use those funds or lose them. Most employers’ calendar year … Continue reading
If a homeowner will enter retirement with substantial equity in their home, that home can act as an additional pool of money to be factored into retirement planning. A reverse mortgage permits the retiree to access their home equity without selling the home and leaving it. A reverse mortgage is … Continue reading
