I hear from many people who have worked hard to build substantial retirement savings ask: “If I have $5 million or more, do I really need long-term care insurance?” It’s a fair question, but retirement savings and long-term care insurance are not competing goals. One builds your future, and the other helps protect it. Here’s…
Those of you working for an employer who offers various benefits—such as health insurance and access to a retirement plan—know you’re soon going to get pinged that it’s time to review your benefits for 2027. I want you to actually open the email (or snail mail) and review everything carefully. Next week’s letter will offer…
I have some not-necessarily-surprising bad news for those of you with health insurance provided by your employer. Employers expect the cost of providing health benefits to rise an average of 8.2% in 2027. That doesn’t mean your share of your workplace health insurance will rise 8.2%. But it is likely that many employers will pass…
