Retirement

A new survey by the Nationwide Retirement Institute® confirms what many of us already suspected – inflation can be bad for your health, especially in retirement. According to the survey, inflation is forcing Americans to delay medical care and downgrade health insurance. In fact, more than half of respondents (59 percent) say they lack confidence

America’s retirement crisis could cost federal and state governments an estimated $1.3 trillion by 2040, according to recently released analysis by Pew Charitable Trusts. The World Economic Forum has noted, “For the first time in human history, people aged 65 and over outnumber children aged 5 or younger.” Much of the retirement funding shortfall is

Offering a wealth of lifestyle opportunities in an array of sun-drenched havens where the cost of living can be less than half of the average in the U.S., it’s clear why millions of North Americans have chosen to call Latin America home. Of course, Latin America is a big place… So where are some of

Open Enrollment began October 15, and I tackled one of our first reviews for a long-time client. Alicia has had the same drug plan since 2018 when she started on Levemir insulin. It was quite a surprise when she learned that her plan would drop this drug from its formulary in 2024. Alicia was frustrated

The risks to our personal finances—and our very identity—posed by cybersecurity threats were scary enough before the machines started to think for themselves. Now with the emergence of AI into our daily lives, it seems there is no better time to take another look at this issue and ask the question, “How can we best

Not long ago investors had to pay the U.S. government for the privilege of owning TIPS. The real yields, that is the yield after factoring in inflation, were negative. Last year, like a phoenix rising, real yields broke above 0%. Today the real yield on 10-year TIPS is about 2.50%. This offers some intriguing options

It’s a widespread problem, not often in the spotlight: an elder who is dependent on drinking or drugs. The sad downward spiral of those aging parents who already face age-related health problems is hastened by the use of habit forming substances. What Dependency Is Most Common In Older Adults? Data from the National Survey on

Europe has a reputation for high taxes… but this isn’t always fair. In fact, there are many low-tax and even-no tax schemes in place in various countries, which investors, businesses, retirees, and even remote workers can take advantage of. These schemes are always subject to change or even cancelation… so I always advise people to

Fidelity Investments recently released its annual estimate of healthcare costs in retirement. The scary numbers indicate the average person older than 65 years old may spend $157,500 in out-of-pocket expenses for healthcare in retirement. A couple may pay an average of $315,000. Middle-aged Millennials should take note, this is not just a Baby Boomer problem.

The federal government recently released two important changes that are relevant to seniors. Social Security announced more than 71 million Americans will see a 3.2% increase in their Social Security benefits. On average, that’s about $50 a month, starting in January. (Read all about that here.) The Centers for Medicare & Medicaid Services released the