Terry Savage. The Savage Number: How Much Money Do You Need to Retire? (John Wiley & Sons, Hoboken, New Jersey, 2005. 256 pages) $24.95 from Amazon (Click on book to order). Having enough money to retire is an important goal for many people, and The Savage Number attempts to help people understand how to reach Read Full Article
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More consumers are buying shorter-duration policies as a way to keep the cost of long-term care insurance affordable. For example, in 2009 almost one-third of individual buyers purchased a three-year benefit period policy, according to the American Association for Long-Term Care Insurance. But is that sufficient coverage or is the policyholder likely to run out Read Full Article
Many retirees look forward to traveling in their retirement, and more and more are actually retiring overseas, in part as a way to stretch savings. But what happens to retirees’ federal benefits while they are out of the country? The short answer is that although Social Security benefits are available to retirees in other countries, Read Full Article
Steps to Take in Advance of Death or Disability Last Updated: 4/29/2010 11:05:37 AM No one wants to face the fact that our loved ones will not be with us forever. Facing our own mortality is frightening as well. Although none of us wants to contemplate a time when we or a loved one might Read Full Article
Powers of Attorney Come in Different Flavors Last Updated: 4/29/2010 11:01:52 AM A power of attorney is a very important estate planning tool, but in fact there are several different kinds of powers of attorney that can be used for different purposes. Before executing this crucial document, it is important to understand what your Read Full Article
Circles of Care: How to Set Up Quality Home Care for Our Elders. Last Updated: 4/28/2010 12:02:01 PM Ann Cason. Circles of Care: How to Set Up Quality Home Care for Our Elders. Shambala Publications, Inc. Boston, Mass. 2001. 181 pages. $17.05 at Amazon. Click on book to order. Most seniors, when given a Read Full Article
Getting Medicare While Traveling or Living Overseas Last Updated: 4/26/2010 11:46:14 AM Many retirees look forward to traveling in their retirement, and more and more are actually retiring overseas, in part as a way to stretch savings. But what happens to retirees’ federal benefits while they are out of the country? The short answer Read Full Article
Social Security Adds New Online Medicare Application Last Updated: 5/20/2010 8:56:10 AM Time was when Medicare eligibility and one’s full retirement age for Social Security were both 65, but that’s no longer the case. While Medicare’s age of eligibility remains 65, Social Security’s full retirement age is now 66 for those just becoming eligible, Read Full Article
Last Updated: 3/17/2010 2:29:37 PM Jan Warner and Jan Collins. Next Steps: A Practical Guide to Planning for the Best Half of Your Life. Quill Driver Books. Fresno, CA. 2009. 255 pages. $11.66 from Amazon (click on book to order) Aging endangers many things we take for granted when we’re younger: health, assets, family Read Full Article
Last Updated: 4/8/2010 2:44:42 PM After a year of legislative wrangling and premature forecasts of death, historic legislation overhauling the nation’s health insurance system has passed the Congress and been signed into law by President Obama. The measure that finally prevailed, the Patient Protection and Affordable Care Act, is the same legislation the Senate Read Full Article