Long Term Care Rate Guidance
Study shows long term care – though needed – is often too costly for seniors Paying for long term care (LTC) poses a serious dilemma for seniors according to a recent study by Boston College’s Center for Retirement Research. Who needs LTC, what’s the cost, who’s supposed to pay for it, and who can afford it were issues addressed. Let’s [...]
Categories: long term care Tags: long term care rates
To Retire Early, Minimize Expenses
The biggest problem early retirees face is failure to change spending habits when they retire early. I worked with a couple who provides an example. I set up their portfolio to provide a retirement income of $40,000 annually which combined with social security and pensions gave them an income of $80,000 annually. The brother of the wife became ill and [...]
Categories: Early Retirement Tags: retire early
Deferred Annuity
Deferred annuities are designed for building a tax-deferred retirement nest egg by people age 20 to 60. During volatile times, this may be one of the better retirement options for conservative investors. You can have your funds guaranteed by the insurance company and receive their modest annual declared interest rate or you can opt for a variable annuity where you, [...]
Categories: deferred annuity Tags: deferred annuity
