Retirement

Being part of the “sandwich generation”—adults caught between raising their own children and caring for aging parents—can feel like an endless financial and emotional marathon. Many middle-aged adults are juggling mortgages, college tuition for their kids, and the stunning costs of elder care, not covered by Medicare. The weight of these responsibilities can lead to

Medicare Advantage prior authorizations have few friends. Doctors hate them. Patients hate them. Politicians say they hate them and introduce bills to curb them. But how onerous are they really? Less than many people think. But they still create opportunities for insurance companies to maximize profits at the expense of needed care. And they can

I have been following Sahil Bloom through his bi-weekly newsletter, The Curiosity Chronicle. I consider him to be one of the smartest thought leaders in the field of personal growth and development. He offers action oriented practical wisdom. Bloom’s book, The Five Types of Wealth: A Transformative Guide to Design Your Dream Life, has just

One of the most common questions I get asked by people thinking of retiring is, “What do I need to do to ensure I won’t run out of money in retirement?” If you’ve asked this question, you have reasons to be concerned: Healthcare is costly, most people live longer, and inflation has eroded purchasing power.

Fortunately, we’re in one of those seasons when we get headlines about new market highs pretty regularly as one or the other index surpasses a new, never-before-seen threshold. These benchmark superlatives tend to inspire a moment of celebration—only to be soon followed by hours of anxiety, as investors ponder when their new all-time high will

For families with an elder who abuses alcohol, fear is nothing new. Sometimes the issue of alcohol abuse is so extreme, it boggles the mind that family has not taken action to protect the aging parent, and the public. Driving is a prime issue. Real Case Study In a family of two adult children and

Retirement planning has always been a long-term journey, but for younger generations, navigating this path has become more complex. With rising costs and other economic factors at play, young investors face a variety of challenges. However, the key to a successful retirement requires proactive planning and consistent effort. Here’s how younger generations can better plan

Combining annuities with IRAs or 401(k)s can be powerful. Annuities offer principal protection and guaranteed lifetime income. But often people don’t even consider the combination because of widespread misinformation and confusion. Some people say that an IRA isn’t allowed to hold an annuity. That’s not true. The tax code allows most types of annuities to

The ability to switch Medicare plans isn’t as available as many beneficiaries are told or believe. Most Medicare beneficiaries know that each year during open enrollment (October 15-December 7) they’re allowed to change their coverage. The new coverage will take effect the following January 1. During open enrollment, a beneficiary can switch from one Medicare

By Rachel Leland, Next Avenue An 81-year-old Illinois woman recently encountered legal issues as a result of dental bills and contacted CJE SeniorLife, a nonprofit that provides services to older adults in Chicago. Her dentist had advised her to undergo a $4,000 procedure and she believed she had secured a no-interest payment plan with the