The Wrong Power of Attorney Could Lead to a Bad Outcome
When do you need your estate plan to ‘go to work’ for you? While you may think the right answer is ‘after I die,’ the actual answer is ‘if I lose the ability to manage my own affairs.’
Preparing for the Impact of Alzheimer’s Disease
It is estimated that by 2040, the number of Americans living with Alzheimer’s, dementia or other cognitive disorders is expected to double to close to 12 million due to the aging population, according to a recent study by RBC Wealth Management and Aon.
How Do I Claim Social Security on My Ex’s after Divorce?
Love and marriage don’t always work out. However, even if your marriage ended in divorce long ago, here’s a piece of good news: You may be able to get more Social Security, by taking benefits based on your ex-spouse’s work record instead of your own.
Why Planning Tasks Don’t Stop Because You’ve Retired
Building enough wealth to sustain yourself in retirement is a monumental achievement. However, financial planning doesn’t end when you no longer rely on a paycheck.
What are the Biggest Mistakes Made by First-Time Medicare Enrollees?
Medicare's rules are exacting, and penalties can be stiff and sometimes permanent.
How to Benefit from a Roth IRA and Social Security
Although Social Security helps millions of seniors stay afloat financially, living on those benefits alone could mean winding up cash-strapped in retirement.
Does My Estate Plan Need an Audit?
Estate planning is the process of transferring the management of your assets, if and when you are unable to manage them yourself due to disability or death. Whether you have $100 or $100 million you should have an estate plan.
Can I Get Paid to Be a Caregiver for a Family Member Who’s a Vet?
Caregiving for a family member can be time-consuming and emotionally draining. It can also be financially draining.
Can I Afford In-Home Elderly Care?
Amid headlines of COVID-19 infiltrating nursing homes and large senior care facilities, it’s understandable that many Americans would prefer to avoid assisted living environments as they grow older. However, the trend to age in place predates the pandemic. Remaining at home was the first choice for 76% of Americans age 50 and older, according to a 2018 AARP survey.
What’s the Key to Saving Money in Retirement?
Seniors with limited income need to find ways to lower their medical costs. Here are some options for keeping those healthcare bills in check.