Bundled policy for long-term care too costly

Paying for long-term care is a worry for many, particularly aging baby boomers. Certified financial planner Kevin Young of Young Wealth Management in Davis, Calif., offers some advice on the topic:

Q: I’m 65 and interested in getting long-term-care coverage. My financial adviser recommends a life-insurance policy, which has a long-term-care benefit, that costs upfront [...]

April 9th, 2012 | Category: Long Term Care | Comments are closed

What Older Workers Don’t Know About Social Security

Many people on the verge of retirement lack knowledge about how Social Security works. Most older workers can’t identify basic information about the Social Security calculation, including how many years of earnings are factored into their payout and how much their payments will increase due to delayed claiming, according to a recent AARP and Knowledge Networks [...]

April 9th, 2012 | Category: Social Security | Comments are closed