One of the questions I ask as part of my discovery process is, “What did you learn from your parents about Money?” – And the resounding answer is, “Nothing.” Discussing finances with the entire family has been considered taboo for way too long now. We’ve all discussed right vs wrong, good vs bad, reward vs […]
Do you know how your spouse/parent wants to be cared for after a life-changing injury/illness? #GreatIncomeGap “Could you imagine a time that your aging parents were no longer independent? They are probably not going to bring up that question. It might be the conversation no one wants to have. Will you, the adult child take […]
Not all long-term care protection is created equal. Understand the risk and learn your options. #GreatIncomeGap “According to RICP’s 2017 Retirement Literacy Survey, 70 percent of people age 65 and older will need long-term care (LTC) at some point in their lives. And the 82 percent of respondents that feel they will not need LTC […]
Costs for long-term care are on the rise. Live your retirement years on your terms. #GreatIncomeGap So you’ve made the decision to learn more about long-term care insurance. That’s smart, as neither health insurance nor Medicare would pay for extended long-term care services in the event that you needed them in the future. Plus, there’s about […]
70% of couples fight about money and in my experience, talking about money and finances digs up a lot of emotions. Many of which may not be so good, especially if it is discovered that your partner has been committing financial infidelity, which nearly 12 million Americans have admitted to. Hiring a CFP® Pro to […]
A nursing home costs about $80-100k/year. Health and gov’t programs don’t cover this. #GreatIncomeGap Watch a video here
I get this question all too often from Pre-Retirees that are nearing retirement. The problem here is that they have been shooting in the dark for years doing the best that they can and abiding by the “rule of thumb”, but have never actually had an analysis done to see if what they are saving […]
You have to talk about this… Could you imagine a time that your aging parents were no longer independent? They are probably not going to bring up that question. It might be the conversation no one wants to have. Will you, the adult child take on that task? Read the Forbes article by […]
If you’re a millennial know this about financial planning: Time is still on your side, but it won’t be for much longer. Learn the steps that you can be taking now to ensure your financial independence.