Many people prefer to age in place at home when help is needed, rather than go to a care facility. The expenses of assisted living, memory care and home care are all quite high. The best of care at home is attainable, but at a price some don’t consider. Here are two case studies of
Retirement
In February, an Australian tourist was detained at Ngurah Rai International Airport in Bali, Indonesia, and held for questioning by immigration officers. The reason? A thumbnail-sized tear in his passport. After reading a statement that acknowledged that his passport was “of poor quality and/or a fake,” the tourist was eventually allowed into Bali. But the
In the U.S., some Republican lawmakers are proposing to raise the age of eligibility for full Social Security benefits, provoking withering criticism from President Biden and many Democrats. But the debate over when government should begin paying retirement benefits isn’t just a controversy here. It is happening all over the world. French President Emmanuel Macron
Depositors and investors aren’t the only people taking a financial beating from the recent collapse of two regional banks. Many bank employees are suffering big losses in their 401(k) accounts. The Federal Deposit Insurance Corporation took over Silicon Valley Bank and Signature Bank, rendering stock in the banks worthless. The contagion that frequently accompanies bank
June 26th of this year will mark the eighth anniversary of the landmark Supreme Court Obergefell v. Hodges decision to legalize same-sex marriage. Financial planning for the LGBTQ community has become less complicated with marriage equality. However, there are still areas that need special attention and are often overlooked. Taking a proactive approach will help
Everyone desires the sure thing, the safest path, and the most unquestionable of choices. But life is full of uncertainty, and there is no time like the present to see this. With uncertainty comes risk. Only gamblers find risk compelling. And that’s because they know how to manage it (or at least they think they
We lawyers love fancy names and acronyms. It keeps the estate planning process mythical and a bit veiled. Reality is, many of the fancy names given to trusts and other planning techniques obfuscate what is really going on. While that makes for great talk on the golf course (“Hey we just got back-end SLATs”) it
In the age of blogging, vlogging, podcasts, and TikTok, bite-sized personal finance instruction is abundant. And if you have the time and discernment to sift through the rafts of schtick, platitudes, and outright deception, there is some helpful insight worthy of your consideration. But. (You felt a “but” coming there, didn’t you?) But, where even
The labor market is still going strong overall, but communities of color still struggle with higher and, in some instances, worsening unemployment. Further economic pain can quickly spread, especially among communities of color, amid political risks from Republicans holding the government’s ability to pay its bills hostage and the Fed aggressively raising interest rates. The
Layoffs begin. The unemployment report on Friday is a mixed bag for workers. Unemployment went up which is bad and wage growth, at 8 cents per hour, was only so – so. The numbers of jobs created was not as high as last month, but still healthy at 311,0000. But I always look at what
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