How Will You Pay for Long-Term Care?

How Will You Pay for Long-Term Care?

Men will need care for an average of 2.2 years, while women will need it for an average of 3.7 years.2 As you might imagine, long-term care, whether provided in the home or in a facility, can be expensive, especially if it’s provided over several years. It may not be...
3 Common Questions About Living Trusts

3 Common Questions About Living Trusts

For many, the estate planning process starts with the creation of a will. Your will is the most basic element of your estate plan. It provides guidance on who should inherit your estate and who should take over as guardian of your minor children. Without a will, your...
Manage RMD Tax Liability With These 3 Tips

Manage RMD Tax Liability With These 3 Tips

Have you used a traditional IRA to save for retirement? If so, you’re not alone. Traditional IRAs are among the most popular retirement savings vehicles. Much of their popularity is due to their unique tax treatment. You can deduct your IRA contributions, and all...
Who Needs Life Insurance?

Who Needs Life Insurance?

Wondering whether you need life insurance? According to a recent study from LIMRA, it’s very possible that you don’t have enough protection. The study found that 30 percent of American households have no insurance and that 48 percent of households have a coverage gap...
Will Your Retirement Savings Withstand Inflation?

Will Your Retirement Savings Withstand Inflation?

Today’s retirees face a broad range of financial challenges and risks. Market volatility could threaten your savings and ability to generate income. Health care costs could drain your assets. Taxes and other expenses could be higher than expected. There’s one risk,...

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