Retirement Watch Weekly
Five Key Decisions to Make Before Choosing a Long Term Care Insurance Policy
The cost of long-term health care is rising, and individuals bear most of the cost. That’s why more people are considering long-term health care insurance. Before buying, know the true risks of your needing long-term care and the types of long-term care available. Then, if long-term care insurance is for you, learn how to customize […]
A Few Stocks For The Long Term
The Enron accounting scandal hasn’t touched directly our recommended individual stocks. Not all of our picks have been winners in the bear market, but we’ve avoided accounting and management scandals. It takes a bit of work to avoid companies with artificial financial results, and it is not always possible. A concerted fraud effort is impossible […]
Special Tax Problem of Retirement
Today’s retirees are the wealthiest generation in history, and that makes them a target for the tax man. A special tax problem for many retirees is the required quarterly payment of estimated income taxes. After decades of having taxes automatically deducted from their paychecks, many have trouble adapting to the system of writing a check […]
Adding Spice to Your Portfolio
The markets are down, and that is a good time to consider adding some spice to your portfolio. Our recommended portfolios hold investments with a margin of safety and the opportunity for solid, steady profits. For those of you who want to branch out, I’ve found additional opportunities. One of these investments carries more risk […]
Estate Planning to Hand Down the House – The Qualified Personal Property Trust
Your home is among the most valuable assets in your estate, perhaps the most valuable. That makes it a key part of your estate plan. The home also is among the most difficult assets to incorporate into your plan. You always need a place to live, so the home cannot be given away as easily […]
Family Limited Partnerships Considerations for Estate Planning
family limited partnerships are evolving, and people are finding more uses for them. Until recently, family limited partnerships (FLPs) were considered primarily vehicles for reducing estate and gift taxes. But these vehicles are so flexible that families are finding many practical uses for them, even when taxes aren’t an issue. You might find that they […]
Finding A Solution For Long-Term Care
Americans are seriously misinformed about Medicare’s coverage of long-term health care. The oldest Americans – those most likely to need long term medical care – are the most misinformed. In a recent survey by Carequest, Inc., 63% of respondents age 65 and older either didn’t know or gave the wrong answer to a basic question […]
Is It Time To Buy A Second Home?
A second home appeals to many people these days. Part of the appeal is status. It is a sign of financial success. I’ve seen polls indicating that a second home is the ultimate sign of success to a majority of people. Another reason is that a second home traditionally has been a good investment. Most […]
