Any inheritance can be complicated, but inherited IRAs—with the many rules that govern their distributions—tend to be especially complex. When handled with care, however, they can offer substantial long-term advantages….
Paying for Long-term Care
For many retirees, the term "long-term care" is typically associated with a nursing home. But more and more today, the term can be applied to different circumstances, such as home health aides, transitional living (from independent to assisted living in some form), and even adult daycare services. This is why as we age, there is a greater chance we will need some sort of long-term care in the future….
What Would You Like Your Retirement to Look Like?
“Retirement” can be a scary word. Webster defines “retired” as: “withdrawn from one’s position or occupation: having concluded one’s working or professional career.” We used to believe that retirement was the time of life when we no longer had to set the alarm clock, since we didn’t have to rush out to work …
The Worries of One
For many older singles, there’s something far more pressing on their minds than putting a ring on it: financial security. People with a partner or spouse generally have someone helping out with expenses, as well as a built-in caregiver to lean on. For those who are single and childless, that lack of a default support system poses additional challenges as they age….