Given that most people want to age in place in their own homes, some will need to hire home care workers. Usually, the need to hire helpers arises when your aging loved one has trouble with basic tasks of daily life like walking or bathing. These so called “activities of daily living” or ADLs are
Retirement
Share to Facebook Share to Twitter Share to Linkedin Your cash bucket has a real return of minus 8.4%. It should be empty. If you are in or nearing retirement, you have probably heard the lecture about a “cash bucket.” Put one to two years of spending in a cash reserve, intone the experts. That
If you are interested participating in the highest yield in history of government issued I bonds, now is the time to buy. With inflation jumping in recent months the anticipated yield will be 9.62%, certainly better than any other guaranteed investment I can think of in the current environment. In this article I will explain
27,375. That’s the number of days an average person lives. “Fewer if you eat salt-water taffy, and a few more if you eat broccoli,” according to Bob Goff in his inspired new book, Undistracted. So according to Bob, and assuming my taffy-to-broccoli consumption nets out, I’ve got 10,525 days left, give or take. Here are
A recent WSJ headline sent chills down the backs of every retiree—”Cut Your Retirement Spending Now, Says Creator of the 4% Rule.” In the article, the WSJ quoted the father of the 4% rule, William Bengen, as saying that “there’s no precedent for today’s conditions.” Stock and bond prices are still at record highs. Mix
If you’re like most people, when you think of retirement investing you don’t also think of deforestation. When I was younger, I heard those who cared about deforestation referred to as “tree huggers.” That concern was often associated with being “bad for the economy.” Fortunately, organizations like As You Sow think deeply about these issues,
The deeper you dig into the investment costs state and local pensions disclose, the more questions arise. It’s confusing to even the most sophisticated investors. It’s common knowledge that sponsors of retirement plans have a fiduciary duty to ensure the fees their plans pay Wall Street money managers for investment advice are reasonable. Fees paid
Topline The stock market reversed gains and moved lower on Thursday following comments from Federal Reserve Chair Jerome Powell, who signaled aggressive interest rate hikes ahead while all but confirming market expectations of a half-percentage point increase at the central bank’s next policy meeting in May. Key Facts Stocks rose earlier in the day thanks
The US desperately needs more direct care workers to provide personal assistance to frail older adults and younger people with disabilities. Many native-born Americans were unwilling to do this work even before the Covid-19 pandemic. Now, shortages are far worse. Yet, the US continues to bar entry to those who are willing and able to
Today Ohio Governor Mike DeWine issued the following statement in support of a Special Audit of the $100 billion State Teachers Retirement System (STRS) Ohio Auditor of State Keith Faber and his office is currently conducting. “This week, I spoke with Auditor Faber regarding his ongoing special audit of STRS. The issues being reviewed are