Retirement Finance Legal

May marks the anniversary of the 2017 Equifax data breach where 145 million consumers had their identification exposed to hackers. If you haven’t yet, now is the right time to do a financial health checkup and take safety measures to protect your loved ones from identity...

The average U.S. national median cost for long-term care is around $49,000 for a home health aide, $45,000 for an assisted living community and $97,000 for a skilled nursing private room, according to the Genworth 2017 Cost of Care Survey. Those high costs prompt many people to...

When Henry Winkler extolled the benefits of reverse mortgages seven or eight years ago, maybe that was your cue to head to the kitchen for a bag of chips. However, now that you’re older, you might be taking a second look at this loan marketed toward seniors who want to age in...

When it comes to planning for retirement, setting yourself up for a healthy financial future should be top of mind. Unfortunately, this is not always the case and many Americans are not saving enough money to live comfortably in their golden years. According to a study published...

There is a retirement crisis in America. Many people think Social Security will cover more than it actually does, and too many people have little to no savings — and are not doing enough to change their financial situation. An estimated 79% of Americans work for an employer that...

According to the 2018 C.A.R.E. study published by Northwestern Mutual Life Insurance Company, 3 in 10 Americans are current or past caregivers and around 1 in 5 expect to become caregivers in the future. Additionally, 7 in 10 provide financial support to a loved one. How the New...

Does the thought of being a parent’s or senior loved one’s power of attorney (POA) fill you with dread? Maybe Mom thinks you’re the best choice because you live in the same town, while your sister lives two states away. Designating you as POA just makes sense....

The concept of retirement is often marketed to us as an image of two beautiful people in their prime experiencing good health and financial freedom; however, for many people, retirement does not look this way and often does not include being one half of a couple. In fact,...

Last Updated: March 20, 2018 Some widowed wives find themselves having to handle finances and other aspects of planning that their husbands managed when they were alive. This is why it’s important for families to have a financial plan in place, so that the transfer of...

As parents, we’re so focused on taking care of our children that making plans for our own care can come in as a distant second. But planning for your long-term care in retirement could be well worth the effort. For example, did you know that someone turning 65 today has almost a...