MetLife, which has been selling long-term care insurance for 25 years, recently announced that it would no longer sell LTC policies. The decision, apparently, does not affect current policyholders. Meanwhile, John Hancock, another major player in this game, has announced price increases of 40% for many of its existing LTC policies. (Affected policyholders will be …
Continue reading The Cost of Long Term Care Insurance Goes UP
Are Americans financially prepared for life after work? By Jeff Schlegel. Timely article that appeared on the Financial Advisor website August 17, 2011. It helps contrast what I am doing for my clients today with what the industry as a whole is focused on (or not focused on, if that makes sense). A recent Google …
From Bloomberg Businessweek, August 15, 2011 You would think that abysmal growth and jobs data, the first ever downgrade of U.S. debt, and heart-stopping gyrations in the financial markets would impel political leaders to at least take a look at some of their assumptions about restoring confidence in the U.S. economy. Sadly, you would be …
Economist article on how Japan is learning to sell to old people. Japan is a bellweather country as it's farthest along in this demographic aging process. As the conflicts in the Middle East wane over the next decade, the conflicts that arise across the globe will be a result of limited resources such as food, …
I don't know how long this 10 minute webcast will be available but if you are interested in current politics and its impact on economic matters, I encourage you to find ten minutes and listen. While I don't agree 100% with what is said, it's very interesting. Click here to watch...
I don't often follow FOX Business news since I think they are more in the entertainment business than the valid information business. But here is an interesting article that gives an overview of the US Income Tax Code and it's history. READ IT HERE...
Here is your Weekly Insights update from Curian’s Asset Management Group. This informative capital market update is designed to help you stay informed about important developments in economics, the markets, and … Continue reading...
Walk with me by the water... Damn... I forgot the words.
By JOSH BOAK A Standard & Poor’s director said for the first time Thursday that one reason the United States lost its triple-A credit rating was that several lawmakers expressed skepticism about the serious consequences of a credit default — a position put forth by some Republicans. Without specifically mentioning Republicans, S&P senior director Joydeep …
Continue reading S&P: Debt default skeptics fueled ratings downgrade
Ric Edelman runs a company from whom I contract investment management services for my clients. Ric has build an organization that now has over $4 billion under management. That alone says something about his skills and reputation. The following is from an email he sent out to all of us earlier this week. It confirms …
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