Health costs in retirement: 5 things you should know and plan for

My Comments: How much money do you need for a successful retirement? It depends… Unless you already KNOW how your life is going to play out, you can only play the odds. And the odds say that if you are now 65, there’s a 70% chance, based on current statistics, that you’ll need some kind …

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Small Fees Can Have A Big Impact On Retirement Accounts

My Comments: We live where the economic model is capitalism. There is no fundamental economic incentive beyond making money for those who provide goods and services to the general public. From time to time, society has found it appropriate to create transparency or to regulate a level of transparency that effectively mitigates against financial abuse. …

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The Crippling Cost of Self-Insuring Long-Term Care

My Comments: Long Term Care, often reduced to the acronym LTC, means that someone, perhaps you, have developed mental and/or physical limitations that require the assistance of others to get through a 24 hour day. Care may come from a family member or from professionals, but unless you plan to die soon, you may need …

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7 Reasons Why You Should Fund A Health Savings Account

My Comments: This is #6 in a series of 6 blog posts about Heath Savings Accounts, or HSAs. They are a potential game changer for those of you who qualify in that they have tax advantages and can suplement whatever else you are doing to set aside money for retirement. The writer of the article …

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Health Savings Account Rules: 6 Little-Known HSA Tips That Will Save You Money

My Comments: This is post #5 in a series of 6 posts intended to help you better understand the advantages of HSAs. If your circumstances let you qualify for one, it could be a game changer when it comes to paying your bills in retirement. by Adella Cellini Linecker \ November 30, 2018 A health …

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5 Long-Term Care Stats That Will Blow You Away

My Comments: As someone with more years under my belt that I like to think about, dealing with the potential costs of long term care is never far from my mind. We all know that sooner or later the light will go out, but none of can be sure it will go out quickly. And …

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Don’t Fall for These 10 Long Term Care Insurance Myths

My Comments: Bad things happen to good people from time to time. One of the bad things is that as we age, we tend to need more and more care from others to get us through the day. At some point, if you are still alive, it may be necessary for a professional to help …

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