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...
Sep 27, 2022 | Retirement Planning
Why You Should Always Have One and How To Make One Many moments in our lives require some form of a financial plan B. This is the plan we turn to in the event our first choice doesn’t work out or we need some backup for additional security. For example, if someone...
Sep 16, 2022 | Retirement Planning
GOBankingRates maintains editorial independence. While we may receive compensation from actions taken after clicking on links within our content, no content has been supplied by any advertiser prior to publication. It’s never too early, or too late, to start thinking...
Sep 13, 2022 | Retirement Planning
Tom Merton / Getty Images Why You Should Always Have One and How To Make One Many moments in our lives require some form of a financial plan B. This is the plan we turn to in the event our first choice doesn’t work out or we need some backup for additional security....
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...
Sep 6, 2022 | Retirement Planning
Getty Images Here are three key things you need to know — not understanding one can lead to a lifelong penalty KEY POINTS Medicare comes with many costs: premiums, deductibles, copays and coinsurance. If you sign up late for certain parts of your coverage, you could...