Retirement Watch Weekly
August 2010
August 25, 2010 02:15 p.m. Earnings vs. the Economy A number of stock market bulls buttress their advice with the point that corporate earnings growth is very high despite the disappointing economic data. They say don’t worry about the economic data, because the earnings prove companies continue to produce profit growth. A look at the […]
Knowing When to Revise Your Estate Planning Strategy
What do Gary Coleman and Dennis Hopper have in common, other than being recently-deceased actors? Each left behind messy estate problems because he didn’t update his plan. It looks like attorneys will receive a nice piece of each estate and of the bank accounts of the contending heirs. You can find details in mainstream media, […]
Finding the Best Long Term Care Insurance Policy
Many people in or near their silver years know they should own long-term care insurance, but there are several hurdles the policies haven’t cleared with them. Fortunately, there is a short cut solution to clearing most of these hurdles. There are several common reasons people don’t buy LTCI: Policies have a history of sharp premium […]
Preparing for Medicare Advantage Changes
Medicare Advantage members soon will feel direct effects from the new health care law. This fall they may need to shift their coverage, and they should begin preparing now. Medicare Advantage plans are run by private insurers. The insurers receive a fixed amount per member from Medicare, and the payment is higher than the cost […]
Planning for Heirs and Your IRAs
Most people have done only part of their essential IRA planning. You aren’t done planning until you’ve ensured the IRA’s beneficiaries have the information and tools they need to maximize the IRA’s after-tax value. The primary goal of the IRA, of course, is to maintain your standard of living in retirement. A secondary goal is […]
Avoiding the Latest Silver Generation Scams
Silver generation investors are susceptible these days, and the con artists know it. Scams are proliferating that focus on helping recover the losses in your nest egg. You’re hearing a lot of pitches that are heavy with rhetoric about Wall Street crooks, government bailouts, high inflation, and currency collapses. Investor fears about these things are […]
Using Summer Jobs to Create Roth IRAs as Estate Planning Start
More American teenagers than in recent years are seeking summer jobs this year (though fewer than in the old days). You can help make a summer job more profitable for your grandchildren and teach them about long-term Estate Planning at the same time. Or you can provide an additional incentive for the teenager who doesn’t […]
Buying Life Insurance & Long Term Care Insurance Together
Consumers are finding ways to protect their wealth from long-term care expenses without buying long-term care insurance (LTCI). Consumers seeking these alternatives, however, need to know some details to ensure they buy the best coverage for them. LTCI sales should be booming. The big Baby Boomer generation is in the prime years for buying LTCI. […]
