How to cope with an unplanned early retirement

Just under half of all workers retire earlier than they expected – and not by choice – according to research by LIMRA, the insurance industry research firm. The most commonly cited reasons included health problems, job loss or burnout and negative work conditions. The LIMRA numbers confirm annual surveys by the Employee Benefit Research Institute, which […]

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Medicare basics

Traditional Medicare (Parts A and B) provides basic health services but with some costs born by beneficiaries through premiums and co-payments. And unlike most private health insurance plans, Medicare has no overall limit on out-of-pocket expenses-which means you face risk in cases of the most serious, care-intensive illness. The basic program also doesn’t cover dental […]

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How to hire a fee-only planner

At a time when retirement security has eroded, a plan for retirement has never been more important–especially for middle-class families who might be facing deficits in retirement savings, sharp declines in the value of their homes, and unforeseen loss of income from employment. Do-it-yourself planning certainly is an option, but a little help from a […]

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How to protect against elder financial abuse

We’ve all received the pitch in the mail: Transfer your credit card balance to a new card at a lower interest rate. The catch: Payments on the new card will be applied first to the transferred balance; meanwhile, a higher interest rate is applied to new purchases–and payments are applied to that balance only after […]

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