Category Archives: Retirement

Retirement, Saving · April 12, 2017

How Seniors Can Take the Bite Out of Dental Costs.

I hope anyone nearing age 65 realizes that Medicare does not cover routine dental procedures. As recently reported in a terrific retirement blog, seniors pay more than $1,100 a year for dental work. But what is most troubling to me…

Read Now ›

Annuities, Insurance, Long Term Care, Retirement · March 29, 2017

Funding Your Long Term Care Insurance

It would be easy to say “yes” to long-term care insurance if you didn’t have to come up with new money to pay for it, wouldn’t it? Well, there might just be a way to pull that off by repositioning…

Read Now ›

Credit Cards, Emergency Funds, Life Insurance, Retirement, Saving · November 16, 2016

Why I Hate Guaranteed Acceptance Whole Life Insurance

I was glued to the TV recently watching the news when an advertisement for Guaranteed Acceptance Life Insurance came on. Whoo boy, did my blood pressure rise. I am not a fan of this type of life insurance.

Read Now ›

Credit Cards, Medicare, Retirement, Saving · November 9, 2016

How Seniors Can Save Money In 2017

Well, as you have probably heard, the annual inflation adjustment Social Security recipients will get in 2017 will be 0.3%. That’s about $4 a month for the average retiree.

Read Now ›

Investing, Retirement, Stocks/Bonds/ETFs · November 2, 2016

Why ETFs Are The Best Choice For Your Retirement Investments

You know I am a big believer that a Roth Individual Retirement Account (IRA) is the best way to save for retirement. And for my money, I think Exchange Traded Funds (ETFs) are an ideal way to invest the money…

Read Now ›

Investing, Medicare, Retirement, Saving, Stocks/Bonds/ETFs · October 19, 2016

The Best Investment Move You Can Make Right Now

It’s been a great stretch for investors. Stocks have gained more than 250% in the bull market that stretches all the way back to 2009. I am always a big believer that dollar cost averaging-investing on a regular basis-is a…

Read Now ›

Insurance, Retirement, Social Security · October 5, 2016

Social Security Sends Another Lesson On Why Delaying Is So Important

Before the end of October, Social Security will announce the annual Cost of Living Adjustment (COLA) retirement beneficiaries will get for 2017. Or rather, what they won’t get. Because of the way the COLA is calculated the inflation adjustment is…

Read Now ›

Credit Cards, Insurance, Long Term Care, Retirement · September 22, 2016

How to Deal with a Rate Increase on Your Long-Term Care Insurance Policy

Many of you are asking me what to do when you receive a rate increase on your long-term care insurance policy. You know my advice for years has been to not buy long-term care insurance unless you can afford a…

Read Now ›

Investing, IRAs/401(k)s, Retirement, Saving, Stocks/Bonds/ETFs · September 21, 2016

How to Wring More From Your 401(K)

You may have heard or read recently about some high profile retirement plan sponsors being sued by plan participants for high fees in the plan. Financial service firms-yep, folks who run mutual funds-have been hit with lawsuits, as have the…

Read Now ›