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The odds that your clients will one day stay in an assisted living home increases 1.4% per year, starting at age 65.
September 6 -
Proceeds from selling their current home can be augmented with a "reverse mortgage for purchase," which doesn't have to be repaid until they sell, move out or pass away.
September 2 -
"The uncertainty is often more stressful than the reality" when it comes to planning for a change in administration.
September 2 -
Preferred stocks are good candidates for retirees' investment portfolio as they can provide more income than corporate bonds.
August 31 -
Investors are better off having target-date funds than balanced funds as TDFs provide broader diversification and focus on minimizing risk.
August 30 -
How to maximize government retirement income for couples, irrespective of their marital status.
August 29 -
Many people have the misconception that Social Security will become insolvent over the next 20 years.
August 29 -
Payouts to spouses and survivors appear similar but are different enough to cause headaches.
August 26 -
Payouts to spouses and survivors appear similar but are different enough to cause headaches.
August 26 -
A retiree says if he had been told he was eligible for a lump sum payment, he would have gladly taken it.
August 25