Category Archives: elderly planning

Tips for protecting your financial life as a caregiver

Few tasks in life can be as rewarding and challenging as being a primary caregiver for your loved ones. And care-giving comes in a variety of forms, from looking after ailing relatives to raising children as a stay-at- home parent. Whether you purposefully chose the role or life’s circumstances required you to fill it, you face myriad responsibilities that can distract you from managing your own financial life. To feel secure in your future and… Read More »

3 Financial Planning Mistakes And How To Avoid Them

Adam Sarhan Financial planning is very important, but regrettably often overlooked by most investors. A proper financial plan consists of a comprehensive evaluation of your current, and future, financial state. At the most basic level, your financial plan should use current known variables to predict future income, asset values, and ensure your money outlives you. Regrettably, most investors (small and large) do not take the time to conduct a proper financial plan, instead they wing… Read More »

Leaving a Legacy: Why You Need An Estate Plan

Kay Kramer, CFP® Approaching the topic of estate plans can often be an uncomfortable discussion for many. But having an estate plan, being aware of what it says, and making sure that it reflects your values and wishes is one of the greatest gifts you can give your survivors. Responses to inquiries about estate planning reflect our very human desire to avoid talking about dying. These are some common responses when people are asked about… Read More »

The Rising Medicare Scams You Need to Know About

Grace Birnstengel, Next Avenue Associate Editor Open Enrollment time is here, and in addition to navigating the Medicare maze to get the best benefits possible, those eligible for the federal health program for Americans 65+ have another thing to be worried about: Medicare scams. The Federal Trade Commission warns that scammers may pose as “official” Medicare agents over the phone or at the door in an attempt to gather personal information or swindle people into purchasing… Read More »

Is the Stuff You Buy Over 20 Years Worth 40,000 Hours of Time?

I really didn’t feel like writing about money after the events of this past week. It felt hollow. But there has been a big question on my mind for a while about this stuff we call money. Maybe this is as good a time as any for me to see if I can make sense of it by sharing it with you. Think of it as a therapy session for me. You can send me… Read More »