I recently conducted an online webinar presentation for National Seminar Training on retirement planning in the new economy. We talked about many of the key themes of my book, The Hard Times Guide to Retirement Security — where the soon-to-retire boomer generation stands in the wake of the Great Recession, and what practical solutions people [...] [read full article…]
Healthcare costs put a big squeeze on retiree pocketbooks, but the grip may be relaxing a bit. A 65-year-old couple retiring this year will need $220,000 to pay for healthcare for the rest of their lives, an amount that is eight percent less than a year ago, according to a Fidelity Investments report issued Wednesday. [...] [read full article…]
“What if I never need long-term care?” That’s one of the biggest buyer objections to purchasing long-term care insurance (LTCI), and it was a big topic of conversation among Morningstar readers after my last column on buying tips for long-term care insurance. It’s an understandable concern because LTCI is costly. Now, an alternative approach is [...] [read full article…]
I’ll be doing a free 30-minute webinar on planning for retirement in the new economy on May 16th for National Seminars, the online training company. The webinar airs live at 10:30AM Central Time that day, and will be archived for later viewing. You can register for the webinar here. The session will feature key findings [...] [read full article…]
Retirees will need to amass small fortunes to pay for their health care, we are told. The lifetime forecasts typically range from $150,000 to $400,000. But what do these figures really mean in a financial planning context? After all, your mileage will vary greatly depending on health, longevity and a variety of other factors. For [...] [read full article…]
