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RetirementGuy
Mar 28, 20241 min read
Four Things to Know About Managing a Loved One’s Finances
Taking over as the caregiver for a loved one can be stressful for many different reasons, and it comes with a lot of unanswered...
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RetirementGuy
Jun 26, 20231 min read
Millennials Worry About Their Parents' Finances
Inheritances might be how you build generational wealth, but according to a new study conducted by Edward Jones and Age Wave research,...
34 views0 comments
RetirementGuy
Jun 22, 20231 min read
Are Funeral Expenses Tax-Deductible? Everything You Need to Know
An individual person who shoulders full or part of a deceased person’s funeral expenses cannot claim funeral or burial expenses on their...
51 views0 comments
RetirementGuy
May 11, 20231 min read
The Most Expensive States to Die In (Due to Death Taxes)
Death isn’t a pleasant thought, but the reality is that everyone dies, and death taxes can be challenging for family and friends. After...
144 views0 comments
RetirementGuy
Dec 8, 20221 min read
Most Lack Knowledge On Long-Term Care
Despite a growing need for investors to start thinking about their long-term care needs, a study from Lincoln Financial Group, found that...
65 views0 comments
RetirementGuy
Sep 8, 20221 min read
Having a Long-Term Care Plan Is Crucial. Here Are 2 Hybrid Policy Types to Consider.
For millions of baby boomers, Gen-Xers, and millennials who have no long-term care strategy, the pandemic has sent a message: Act now or...
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RetirementGuy
May 26, 20221 min read
What to consider when making your beneficiary nominations
If you have one or more policies in place, ensuring that you have appropriately nominated your beneficiaries and that your beneficiary...
67 views0 comments
RetirementGuy
Apr 28, 20221 min read
10 Books on Caring for Elderly Parents
It’s beautiful and helpful and should be required reading for all of us as we age. My friend texted this to me about Being Mortal (Atul...
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RetirementGuy
Mar 24, 20221 min read
15 Cheapest States for Long-Term Care: 2021
Genworth’s recently released 18th annual cost-of-care survey showed that the cost of long-term care services increased across all...
109 views0 comments
RetirementGuy
Jan 6, 20221 min read
How to Handle an Increase in Your Long-Term Care Premiums
The cost of living rises every year, which makes paying for basic expenses more difficult. Long-term care (LTC) premiums are increasing,...
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RetirementGuy
Sep 9, 20211 min read
Washington's first-in-the-nation long-term care program starts in January, with opt-out deadline soo
Washington workers will soon start paying a new payroll tax to fund a first-of-its-kind long-term care program. The WA Cares fund was...
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RetirementGuy
Jul 15, 20211 min read
A quarter of 65-year-old Americans will have ‘severe need’ for long-term care
Only one-fifth of 65-year-old Americans won’t need long-term care services. Everyone else can expect to require some level of it — and...
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RetirementGuy
Jul 15, 20211 min read
8 Retirement Distribution Strategies That Will Make Your Money Last
Saving money for retirement is only part of ensuring a financially secure future. The other half involves making smart decisions about...
198 views0 comments
RetirementGuy
Apr 22, 20211 min read
The High Cost Of Loneliness: The Other Price Older Adults Are Paying For Covid-19
For months, families and operators of long-term care facilities have been telling me about the indirect toll the covid-19 pandemic has...
116 views0 comments
RetirementGuy
Mar 11, 20211 min read
Why Women Need to Save More for Retirement
Everyone should be saving for retirement. But if you're a woman, you should be saving more than your male peers. As of 2019, the average...
46 views0 comments
RetirementGuy
Feb 25, 20212 min read
Elder Care Discussions
Emotions involved with caring for the elderly can seem almost as overwhelming as the finances. As your loved ones age, what topics must...
66 views0 comments
RetirementGuy
Dec 10, 20201 min read
15 Most Expensive States for Long-Term Care: 2020
There are some 73 million baby boomers in the U.S., and by the end of the coming decade, all of them will have turned 65, according to...
221 views0 comments
RetirementGuy
Sep 11, 20202 min read
Aging Parents and Money
Getting old is hard. Your parents’ ability to manage their own finances may decline as they age. Helping them with money matters is a...
100 views0 comments
RetirementGuy
Aug 13, 20202 min read
Continuing Care Retirement Communities: Aging in Place
Do you sometimes think about what your life will be like when you retire? Most people imagine living independently in comfortable and...
130 views0 comments
RetirementGuy
Aug 7, 20204 min read
9 Ways to Pay for Long-Term Care Without Buying Insurance
When H. Frances Reaves, of Miami, had to place her parents in long-term care facilities in 2014 and 2015, she thought it would be a...
279 views0 comments
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