Latter Years

Four Things to Know About Managing a Loved One’s Finances

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...

88 views0 comments

Millennials Worry About Their Parents' Finances

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

Are Funeral Expenses Tax-Deductible? Everything You Need to Know

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

The Most Expensive States to Die In (Due to Death Taxes)

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

Having a Long-Term Care Plan Is Crucial. Here Are 2 Hybrid Policy Types to Consider.

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...

14 views0 comments

What to consider when making your beneficiary nominations

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...

54 views0 comments

15 Cheapest States for Long-Term Care: 2021

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

How to Handle an Increase in Your Long-Term Care Premiums

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,...

77 views0 comments

Washington's first-in-the-nation long-term care program starts in January, with opt-out deadline soo

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...

69 views0 comments

A quarter of 65-year-old Americans will have ‘severe need’ for long-term care

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...

94 views0 comments

8 Retirement Distribution Strategies That Will Make Your Money Last

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

The High Cost Of Loneliness: The Other Price Older Adults Are Paying For Covid-19

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

Why Women Need to Save More for Retirement

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

15 Most Expensive States for Long-Term Care: 2020

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

Continuing Care Retirement Communities: Aging in Place

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

9 Ways to Pay for Long-Term Care Without Buying Insurance

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