Tag: senior financial planning
7 Short Term Solutions to Paying for Senior Care
What can you do to make senior care affordable in the short term? If you don’t want to go into hock until those VA benefits kick in, another option is to try to round up enough money to afford the out-of-pocket expenses. There are several options that can help on a short-term basis. It’s not…
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5 Ways to Break the Rules of Retirement Planning
We all want our loved ones to be financially stable in retirement. But some of the conventional wisdom about retirement planning could be just plain wrong. There’s no shortage of articles touting the “rules” for guaranteeing a perfect retirement. But as the ins and outs of financial planning become increasingly complex, it might not be…
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Don’t Cut Monthly Social Security Payments to Seniors
A recent poll indicates that a majority of people would rather hike taxes–or even raise the retirement age–than cut monthly Social Security benefits for future generations of seniors. If your loved ones are retired, chances are pretty good that they’re getting Social Security benefits. About 56 million people currently receive payments, and for retirees, each…
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Senior Citizens Have a Surprising $36 Billion in Outstanding Student Loan Debt
By the time you reach 60, retirement is, ideally, around the corner. People are saving for their golden years, not paying off debt. Unfortunately, new research shows that many senior citizens today are still paying off their student loan debt. Playing golf, mingling with grandchildren and planning for retirement should be the main things on…
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