Seeking Sun or Savings? Explore a Retirement Move
A high cost of living can become a bigger concern in retirement, when you may need to stretch a fixed income or depend solely on your savings for several decades.
Financial Plan Adjustments During a Forced Retirement
The Money Talks” hosts provide planning advice for a couple where COVID-19 layoffs forced one spouse into early retirement. While they can make it work on one salary, they have realized her retirement might last 30 years.
Could You Be Responsible for Your Parents’ Nursing Home Bills?
There are 26 states where laws generally hold children financially responsible for certain debts of their parents.
Medicaid May Pay You as a Family Caregiver
Many states’ Medicaid programs allow you to hire relatives or friends to provide needed assistance. In certain cases, Medicaid may pay for their services.
How do I talk to my elderly parents about their finances?
While it may be a difficult conversation, it’s important to talk with your elderly parents about their finances, in case you find yourself making critical decisions on their behalf in a moment of crisis.
What Life Events Trigger the Need for Financial Advice?
As you move through different stages of life, you will face new and unique financial situations. Did you just get engaged? Perhaps you are wondering how you and your partner are going to manage your money together. Do you have children? Maybe you are looking for ways to pay for their college education. When you…
“Elder Orphans” Doesn’t Mean Dying Alone
We discuss the trend of “elder orphans,” seniors who have no close relatives or children to care for them in their final years.
Planning Priorities: Dealing with Aging Parents
On this episode of Planning Priorities, Henssler Associate Michael Griffin, CFP®, explains the information you should start gathering with your aging parents. While it may be a heavy task, it’s important to know this information in case you find yourself making critical decisions on their behalf in a moment of crisis.
Living to 100 Means Adjusting Your Plan
This week on “Money Talks,” your hosts delve take a closer look at how an investor’s desire to be a centenarian affects their financial plan.
What Will You Pay for Medicare in 2019?
Medicare Part B Premiums According to the Centers for Medicare & Medicaid Services (CMS), most people with Medicare who receive Social Security benefits will pay the standard monthly Part B premium of $135.50 in 2019. However, if your premiums are deducted from your Social Security benefits, and the increase in your benefit payments for 2019…