Long-term care insurance is a complicated topic. If your assets are low, you may not need it because you will qualify for Medicaid with little fuss and you probably need the money you would spend on premiums to live. If you are wealthy, you're probably better off spending your own money on long-term … [Read more...] about Who needs long-term care insurance?
Think of it as a birthday with benefits. You turn 65 and you are finally eligible for Medicare. Signing up can be a breeze – under the right circumstances. Or it can be a confusing hassle.Lori McGinnis, a counselor with SHIP (State Health Insurance Programs), a federally funded program that … [Read more...] about How and when to sign up for Medicare
Back in 2001, David Raether was a comedy writer for the TV sitcom "Roseanne," earning $300,000 a year. He and his wife and their eight children lived comfortably in a big house in an upscale suburb of Los Angeles.That was before the recession, before Raether lost his career, his home and his … [Read more...] about 10 ways to get your retirement plan back on track