All the right steps in all the right places.
Climbing Mount Everest or swimming the English Channel might be a bit much for most of us. On the other hand, completing a million-piece jigsaw puzzle or rebuilding a car engine might not be all that exciting. In his book, The Great Bucket List: 3,000 things To Do Before You Die,Tal
According to a Financial Wellness Census, only about a third of women know what to expect for retirement income. What’s even more disconcerting, less than half are confident they’ll have enough money to last through retirement. Here are a few basic suggestions to get started: • Figure out your social
It’s easy to equate retiring with aging, especially when our bodies remind us that we’re not getting any younger. Being told you’re only as young as you feel isn’t much help. Jann E. Freed, author of Leading with Wisdom, offers a different approach, which she calls sage-ing. There are three
Remember when gold watches marked the beginning of prosperous retirements? Times have changed, to put it mildly. In 1950, only about 8% of Americans were 65 or older. Today it’s nearly 17%, and by 2050, the projection is 22%. But that’s not the problem. Only about 40% of workers have
Planning for your retirement can be loaded with questions, concerns, anticipation and even excitement. But just as is the case with other major life plans, it’s best done understanding all the available options and, if possible, having a road map to get where you want to be. And chances are
When you turn 65, you have a 70% chance of requiring long-term care at some point. The good news? A long-term care policy could save you hundreds of thousands of dollars, protecting your life savings and reducing the financial, mental and emotional stress on your children. And the sooner you
Long-term care expenses are often inevitable and always difficult to discuss. No one wants to envision themselves needing it. Yet, according to research by the U.S. Department of Health and Human Services, 70% of those age 65 and higher will need some form of long-term care. And paying out of
Prepare for the worst. For many retirees, that’s been the mindset since Americans started retiring in 1935. It’s time for a new mindset. Instead of preparing for the worst, what if you did the opposite? Prepare for the best! The purpose of supplemental insurance, for example, isn’t for you to
According to Forbes, you can maximize life insurance as: • retirement income • non-market correlated asset • pension maximization • long-term care planning Read the article. Ask about life policies through your association & AMBA. SOURCE: https://www.forbes.com/sites/jamiehopkins/2018/10/08/4-ways-to-maximize-life-insurance-in-retirement-income-planning/#62d2feca6337
We all hope the future is bright and positive. A time when things will improve and get easier. This speaks to the fundamentally uplifting long-term attitude we have or wish for. And when your retirement future finally arrives and it’s time to kick back and enjoy every little moment with