With more Americans living longer lives, there’s new interest in purchasing long-term care insurance to cover costs generally associated with aging.
Currently, 8.2 million Americans have purchased long-term care insurance that pays for home care, for assisted living or for care in a nursing home.
Such long-term health care costs are not usually covered by medical insurance, ...
Money and Planning ArticlesPlanning For Your Future CareFiguring Out Your Finances
When it comes to major lifestyle changes, planning ahead can ease financial stress. And no event requires more early preparation than retirement.
According to experts, retirees should give plenty of thought to matters such as health coverage and seek a combination of income and asset protection to ensure their savings will last throughout retirement.
John Haver, senior ...
Shopping Green Can Save You Money
It may be easier than many people know to improve the environment and the economy–including their own.
As more people become aware of the importance of protecting the environment, they are choosing green products. Buying environmentally friendly products typically meant you had to spend more, but at Marcal, they believe you shouldn’t have to pay more, ...
Understanding Financial Powers of Attorney – Are They a “License to Steal”?
A financial power of attorney is a valuable legal document that ensures that your financial matters will continue to be handled – should you become incapacitated and unable to do so yourself. However, placed into the wrong hands, these documents can become a license to steal.
In your power of attorney, you’re called the “principal” and ...
Retirees Turn to a Surprising Source of Cash in a Crunch
A rising number of American households – nearly 45 percent – are “at risk” of not having enough money in retirement, according the Center for Retirement Research at Boston College. But some retirees have discovered a surprising source of supplemental retirement income: the cash value of their whole life insurance policies.
Many retirees will use the ...
Retirement Planning Mistakes
If you're concerned about your ability to retire, you're not alone. Gallup's 2009 annual Economy and Personal Finance survey showed that most non-retired Americans, (52 percent), doubt they will have enough money to live comfortably once they retire....
Is There a Flip Side of Foreclosures?
In so many ways, foreclosure is an end. It’s a bank’s last resort, and the sad final chapter for a family sold on the American dream of home ownership.
But in another sense, foreclosure is also a beginning — a never desirable, but often useful, tool that can help stave off neighborhood blight and create a ...
Five Tips to Increase Your Federal Refund
Dozens of new tax laws could impact your 2009 federal taxes. Experts recommend taking extra time and care with this year’s return so you don’t miss out on any tax breaks.
TaxACT suggests these five easy ways to maximize your federal refund:
Get organized. Gather your tax documents and organize by category. Locate records related to events ...
What You Should Look For in an Auto Insurance Policy
More than 186 million cars are on the road in the United States, according to The Insurance Information Institute. Most states require drivers to purchase auto liability insurance before they can legally drive a car. Often drivers don’t understand what they need in an auto insurance policy or where to purchase it. There are many ...
Long-Term Care: America’s Real Health Crisis
Every morning, millions of American women wake to tough economic times with growing anxieties about how to care for their aging parents, their own families and their own retirement years. It’s mostly women who are responsible for the care of elderly relatives–seven out of every 10 adult children helping their parents are female, according to ...
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