Insurance Issues

Understanding Medicare

It is not an easy feat to understand all the aspects of Medicare, much less choosing the plan that is right for you. And unfortunately, we cannot sum up in one article - or even two - how to choose the right plan for you. This is a task that really needs to be coordinated with your entire life plan. But what we can do is help you understand the system so that the task is not so daunting.

Long-Term Care Insurance

I urge you to consider long-term care planning as a chapter in your estate plan. Yes, long-term care insurance is lousy, but it may be the only option. Would be worth giving up ½ of 1% of the return on your estate to protect your estate? Just remember plan for it when you don’t need it, because when you do need it; it will be too late.

Risk Management

The base, or foundation, of your Life Planning Pyramid consists of the measures you take to protect everything you build in life: your emergency savings, your legal documents, and your risk management plan. Today we want to focus on the risk management piece which includes your insurances.

September is Life Insurance Awareness Month

Life insurance should be a staple in all households where possible, but it requires financial professionals educating families, individuals, and business owners on the correct insurance type and amount for their unique situation. 

Healthcare and Retirement

LTC-Medicaid:
·       Looking at the #’s
Approximately 70% of individuals turning 65 can expect to use some form of... 

Is Your Life Insurance Like a Bad Mattress?

Can you remember the last time you bought a new mattress?The difference between shopping for most things and shopping for a mattress is that we’re not sure how to price one - for most of us; it has been ages since we bought our last one and we have no reference point. Most folks just head out to a mattress store, lie down on the mattresses in a good price range and then rely on the salesperson’s honesty...

Does Long Term Care Insurance Make Sense?

This is a major question facing our generation. It is expensive - and is becoming even more expensive. Just the thought of needing it is unpleasant and can evoke strong emotions. And at best it appears imperfect:Buying a plan that will only pay for a certain number of years and which might not be enough to protect your family. Trying to predict the level of inflation for when you...