As you age, calculating the chances that you’ll need long-term care – and the associated costs – is incredibly important. More than half of people turning 65 will require long-term care during their lifetime, and the costs may be much higher than you expect. In 1980, the U.S. had $30 billion in long-term care spending. By 2015, that figure ballooned to $225 billion. What is long-term care? Long-term care includes the services and support that help someone meet their daily needs. Rather … [Read more...] about Four Questions to Ask About Long-Term Care
Ben Stanton
Tips for Families Who Have Children with Special Needs
When beginning to build their families, few parents expect to have a child with special needs. However, the experience is surprisingly common and affects millions of people throughout the United States. In fact, current estimates show that approximately one in six children from age three to 17 have at least one developmental disorder. Any parent knows that having a child brings love, satisfaction and busyness. And being a parent of a child with special needs brings new concerns to address, as … [Read more...] about Tips for Families Who Have Children with Special Needs
Ending the Year on a Financial High Note
The holiday season is around the corner, and with the busy days ahead, 2018 will be here before you know it. Amidst all the action, we understand how easy it is to wait until the New Year to consider financial changes. But taking a few steps now could help you reduce your tax liabilities – and start January on a stronger financial foot. Consider completing the following tasks before 2017 is over: Make Charitable Donations Giving to non-profits you care about can be a powerful way to … [Read more...] about Ending the Year on a Financial High Note
Understanding the Financial Stages of Life
As we go through life, we pass milestones that mark transitions into different phases of life. Financial transitions accompany these turning points. Our goals change and our priorities shift in response to these changing life needs. While everyone’s financial journey is different, most people pass through five primary financial stages as they age. During each stage, income, spending patterns, financial priorities and goals tend to change in predictable ways. Knowing which financial goals … [Read more...] about Understanding the Financial Stages of Life
Four Things Retirees Can Learn About Retirement from Peyton Manning
After 18 years in the National Football League, the Denver Broncos star quarterback, Peyton Manning, is calling it quits after a very successful career. We wish him well and hope that he’s made the preparations needed to enjoy a long, comfortable retirement. If he has, he’ll be in the minority. Research shows that an estimated 60 percent of retired NFL players go broke within five years of retirement; nearly 16 percent declare bankruptcy. Fortunately, there’s a lot that Peyton can do to avoid … [Read more...] about Four Things Retirees Can Learn About Retirement from Peyton Manning
