Someone turning 65 today has a 70% chance of needing long-term care services. More than 20% will need it for longer than 5 years. Long-term care planning can be instrumental in retirement planning. Yet, it is often postponed because it feels distant or uncomfortable. For...
If you’ve purchased a long-term care insurance policy, or you’re thinking about it, you are already ahead of the curve that many hesitate to face. Most people avoid this topic entirely until a health crisis forces the conversation. And it can cripple your retirement plans...
2017 and 2025 might not feel like they have much in common. We’ve moved on to new pop culture trends, taken steps with technology in big ways, and witnessed a global health pandemic in 2019. We’ve changed in a lot of ways, yet an index...
Planning for the future is one of the most important steps in achieving financial security. Two major pillars of that planning are long-term care (LTC) insurance and life insurance. Although both involve protecting yourself and your family from future financial burdens, they serve fundamentally different...
As you approach retirement or navigate life beyond it, the question of life insurance often resurfaces. For many seniors, the topic can feel overwhelming with uncertainty about options, costs, and whether coverage is even necessary. “Term life insurance, in particular, is often dismissed as something...
Caregiving is a reality for millions of American families, and women often find themselves at the center of it. Whether caring for aging parents, a spouse, or children with special needs, the role of caregiver often comes with significant financial commitments. For many women, those...
World Day for Grandparents and the Elderly is an opportunity to reflect on the support systems we build for older adults. As people live longer, the need for long-term care becomes a common part of the aging experience. Yet many families wait until a crisis...
As life expectancy continues to rise, more Americans are facing the challenge of ensuring their wealth lasts throughout retirement. Living longer is a gift, but it also requires careful financial decision-making. Without a proper strategy, there is a risk of outliving your savings. According to...
Life expectancy is one of the most critical yet often misunderstood factors in retirement planning. Many Americans need to be more accurate in assessing how long they’ll live. The Life Expectancy Misconception Here are some of the factors that influence the estimation of life expectancy:...
Retirement planning isn’t just about saving for the years when you stop working. It’s also about preparing for the unexpected and planning for the rising healthcare costs. That’s why Long-Term Care Awareness Month is an important reminder to evaluate your retirement plans and ensure long-term...
Your Investment Counselor