We all grow old, and that is a fact of life. We will reach a point in our lives when we need someone to help take care of ourselves. These will usually happen when we approach sixty-five or older. But how can we pay for it? One way to prepare for this eventuality is purchasingContinue reading “How We Can Save from Long-Term Care Insurance (Updated)”
Tag Archives: retirement
Budgeting Should Be Number 1 in Your New Year’s Resolution List
It’s a new year this 2024, which means different things to different people. For the money-conscious ones, it entails being more economical with money and saving enough for a rainy day. Of course, you should be able to pay for all your basic necessities like food, electricity, water, housing, health care, and insurance, and haveContinue reading “Budgeting Should Be Number 1 in Your New Year’s Resolution List”
Why You Need to Get Supplemental Disability Insurance
If you are among millions of people living and working in the USA who unexpectedly couldn’t work due to an injury or illness, the last thing you need to be concerned about is how you can pay your bills without an income.If you are the type of person who depends on your salary for everydayContinue reading “Why You Need to Get Supplemental Disability Insurance”
What Is an Annuity and How Does it Work?
When an average layperson hears the word “annuity” for the first time, a confused expression more than likely forms on his or her face, and rightfully so, since it sounds like a technical term only utilized in professional circles. For the most part, it is. An annuity is often used when an insurance agent explainsContinue reading “What Is an Annuity and How Does it Work?”
Saving Money from Long-Term Care Insurance
Growing older will eventually happen to everyone but getting to a ripe old age only befalls an elite few who have espoused clean and healthy living. Others have failed to value this but clung luckily to the warm embrace of life. Nevertheless, one fact remains whenever you do reach this “senior citizen” status: you willContinue reading “Saving Money from Long-Term Care Insurance”
It’s Time to Spring Clean our Finances
March has finally arrived, which means winter is over and spring has sprung, and the annual tradition of spring cleaning begins. It not only refers to the act of housecleaning but metaphorically as well, like getting our finances in order before an audit or inspection occurs. Many of us have questionable financial habits ranging fromContinue reading “It’s Time to Spring Clean our Finances”
Tips in managing your money
You may agree with the quote that money can’t buy happiness, yet it does make you feel safe and secure about the current status of your life. However, without proper money management, you might feel that you’re driving along a path towards financial ruin. Based on a study, twenty-five percent of Americans say that theyContinue reading “Tips in managing your money”
Be Prepared for Retirement Costs
“In this world, nothing can be said to be certain except Death and Taxes,“ Benjamin Franklin once said. As long as you are still breathing, the government will tax you and will continue to find new ways to keep taxing you. Enter the Washington State Long-Term Care Trust Act. With the passage of this law,Continue reading “Be Prepared for Retirement Costs”
What to Do if You’re Company Does Not Have a Pension Plan
Back in the days, around the industrial age, companies used to invest in their workers more than they do today. If you needed a certain skillset, the company trained you for it. Companies did not hesitate to invest in their workers as the commitment between the worker and the company was assured. The day oneContinue reading “What to Do if You’re Company Does Not Have a Pension Plan”
Preparing for the Two Things that Most People Worry About
There are two things that most people worry about: 1) Dying too soon, or 2) Outliving one’s savings. The prospect of retirement might not seem very real to you right now. But working in retirement homes for almost a decade, I’ve seen the consequences the elderly have to suffer for not having enough money forContinue reading “Preparing for the Two Things that Most People Worry About”
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