That last will and testament you have tucked away? It may not be the last word on what happens to your stuff after you are gone. Instead, that legal document’s directives for doling out your wealth may be overruled by other paperwork and relevant laws.
It is a longtime investor’s worst fear: retiring into a bear market. A downturn in stocks can be a blessing in disguise when you are still working and saving for retirement, because you are able to buy shares ‘on sale.’
Seniors have to cut back on some important things just to afford health care.
Inflation hurts everyone. It seems to reach every sector, product and business in one way or another, whether it raises the cost of heating your home, lunches or road trips. However, if you’re a retiree, you may be particularly worried about inflation because your spending habits and income sources might be disproportionately exposed to inflation.
The three main areas of focus for elder law attorneys include health care, estate and tax planning and guardianship matters.
Can you use a reverse mortgage for long-term care?
Does your retirement budget account for all of these costs?
Why Elder Law Is Necessary? In two words: baby boomers.
Knowing when to retire and when to begin claiming benefits comes down to understanding yourself — and your finances.
Sometimes only taking the minimum IRA distribution can be a costly mistake. When deciding how much to withdraw this year, you need to consider the big picture. For some people, it makes sense to go big.
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