Financial Planning − Latest Articles:

Economy Creates Retirement Community Deals

Category: Financial Planning

Wall Street Journal article reports that through negotiation and a birds eye view of finances there are ways to get a deal of retirement communities and senior living options.  The article reports that financial planners—especially those who serve a number of elderly clients—are starting to help clients evaluate local retirement-living options and their  costs. Read article

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Older Workers Fear Health Care Costs

"Americans — even those who have diligently saved for their golden years — are not prepared for the reality of health care costs in retirement and don't really understand how Medicare works," says[...]

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Social Security and Medicare Trustees Release Reports

The trustees who oversee Social Security and Medicare release their annual financial reports today. An aging population and an economy that has been slow to rebound are straining the long-term[...]

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STUDY FINDS CONTRARY TO PREDICTION, BOOMERS ARE RETIRING

More Than 60% of 65-Year-Olds Already Collecting Social Security  Despite the popular belief that Baby Boomers will continue to work well past the traditional retirement age of 65, those born in[...]

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Seniors are saddled with student loan debt?

The Washington Post reports with some interesting data regarding student loans and seniors.  The article reports that new research from the Federal Reserve Bank of New York shows that Americans 60[...]

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FINANCIAL EXPLOITATION OF SENIORS – Fact Sheet

What is it? Elder financial abuse is a crime involving the wrongful taking of money or property, whether through fraud, scams, predatory caretakers or family, or others. It is committed by a person[...]

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A Daily Money Manager Acts as an Alter Ego

A Daily Money Manager Acts as an Alter Ego
Boston native Vera Berne worked in different mental health settings inWashington,D.C. after moving to the nation's capital in 1943.  As a respected diagnostician, teacher and mentor to a number of[...]

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Wells Fargo and Bank of America Get Out of Reverse Mortgage Business

The New York Times reports that two of the largest banks are getting out of the reverse mortgage business due to financial pressures. Read the article   The following response to the news from[...]

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AARPs Position on Social Security Questioned

CNBC reports that some are questioning AARPs change in position to cut Social Security to maintain the programs fiscal health. Read more AARP responded with the following statement: AARP Has Not[...]

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