Oct 14, 2022 | Financial Planning
Having a financial plan to address care is critical KEY POINTS About 61 million adults in the U.S., or 1 in 4, live with a disability, according to the Centers for Disease Control and Prevention. A new study by Fidelity found more than half of caregivers of loved...
Oct 11, 2022 | Financial Planning, Retirement Planning
Here’s how planning ahead can help families afford it KEY POINTS High inflation will likely make the rising costs more difficult for many families to afford already expensive long-term care for ailing or elderly relatives. On average, long-term care costs $50,000 a...
Oct 7, 2022 | Financial Planning
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a...
Oct 4, 2022 | Financial Planning
Housing prices can go down as well as up: Here’s when you should not tap home equity Do you have enough saved for retirement? You may need that home equity later. Soaring real estate values mean many homeowners are awash in equity — the difference between what they...
Sep 9, 2022 | Financial Planning, Retirement Planning
GETTY IMAGES Here’s what retirement planning and flying a plane have in common The 50s are your runway decade, when you may see retirement in the distance but you still have time to prepare. Retirement planning in your 50s is like taxiing on the airport’s...
Aug 30, 2022 | Financial Planning, Life Insurance
Eric Audras / Getty Images KEY POINTS Financial advisors weighed in on which types of insurance it’s appropriate to consider getting at each stage of life, from college years to retirement. Many said disability and life insurance were a good idea at any age. Getting...