So important! Really good information. IF YOU DO NOTHING ELSE, put a beneficiary on all of your financial accounts like checking savings CDs, Life Insurance, investments etc. You don’t need a will for them to get to your money, just a death certificate. And make a list, preferably by hand instead of your computer, either […]
#1 Cause of Bankruptcy For Retirees is Long Term Care Shortfalls Hi, this is Doug again with an important series consumer alerts below. In Georgia and many other states, NOT OWNING Long Term Care Insurance is a HUGE INVENSTMENT MISTAKE (statistics prove long term care is the number one cause for bankruptcy amongst retirees – […]
Bloomberg Business week states that one of the big traps retirees are falling into is underestimating how long they will live and how that ‘bedevils’ fiscal planning and retirement planning. They quote Boston College economist Anthony Web:“even individual’s well-informed guesses can be off by a decade or more”.To counter this risk Webbstates Americans should be […]
…of “UNREALISTIC EXPECTATIONS” is a curse that most investors are afflicted with and don’t know it. It causes them to buy when they should be selling, sell when they should be buying, and freeze when they should be running to a smarter strategy. Consumers are cursed when they read an article or watch a show […]
16,000 people have died in America since 2000 due to exposure to the elements. With outdoor & accident survival, “most are unprepared because they’ve focused on the wrong things: They’ve focused on far-off, unlikely events and ignored the obvious threats that kill Americans every day. They’ve ignored the survival “Rule of 3”: In a physical emergency, you […]
Medicare Supplement Plan G is a Full Benefit Supplement Plan Nearly Identical to Plan F G is also MUCH cheaper in many, many cases – but cheap does not mean cheap in quality – only price. Plan F is almost 10 times more popular than Plan G even though the two provide nearly identical coverage (see chart below). […]
It may not be something we like to think about, but getting older often means dealing with considerably higher medical costs. In 2008 and 2009, a mere 5% of Americans were responsible for nearly half of all medical spending, according to the Department of Health and Human Services. Furthermore, the top 1% accounted for almost 22% of spending by themselves. Older Americans are typically sicker than younger adults, meaning seniors are more liable to be stuck with big medical […]