Relying on Social Security Alone for Retirement
About 40% of older Americans may be relying exclusively on Social Security for income, according to recent research.
About 40% of older Americans may be relying exclusively on Social Security for income, according to recent research.
Some health care facilities in our area say they are seeing more cases of early-onset dementia than ever before.
An End-of-Life Checklist can avoid any confusion or questions that may arise among different family members.
More than 1 in 10 family caregivers live at least an hour away from their aging or ailing family member, and many are tending to a loved one from a distance of hundreds of miles.
Certain costs are adjusted yearly by the government and can affect premiums, deductibles and other cost-sharing aspects of Medicare. Even though each change doesn’t necessarily involve huge dollar amounts, they can add up and should be factored into your monthly health-care spending.
Regardless of whether the law makes sense to us, we are all required to abide by it.
Nobody likes to think about dying. However, it happens whether we prepare for it or not. If you don’t do some advance planning, it can cause even more longer lasting pain and grief, not to mention money and strained relations for your loved ones.
Rising divorce rates among Americans over the age of 50 are causing more conflict in estate planning, new data shows.
A power of attorney is a document that lets you appoint a person or an organization to handle the financial and medical decisions on your behalf, when you are not able to because of sickness or death. The person or the organization is called the attorney-in-fact or the agent. POA is given to someone whom you can trust with your life.
The elimination of the Stretch IRA is a game changer, especially for parents who were considering bequeathing savings in IRAs to their children.