How Much Do You Know About Long Term Care?

Separating some eldercare facts from some eldercare myths  How much does eldercare cost, and how do you arrange it when it is needed? The average person might have difficulty answering those two questions, for the answers are not widely known. For clarification, here...

Audit Red Flags

What raises eyebrows at the Internal Revenue Service?  Are you worried about being audited? The fear may be overblown, as only 0.6% of taxpayers had their federal returns examined in 2017 (the most recent information available). That same year, only 4.3% of taxpayers...

Long-Term Investing Truths

Key lessons for retirement savers. You learn lessons as you invest in pursuit of long-run goals. Some of these lessons are conveyed and reinforced when you begin saving for retirement, and others, you glean along the way.   First and foremost, you learn to shut out...

Keep Your Umbrella Handy

Have a home-based business? Have a teen driver? Consider umbrella insurance In 2017, the U.S. had a record 11.5 million millionaires, up from 10.8 million in the previous year. An increase in personal wealth may bring greater financial flexibility; it may also bring...

Preparing to Retire Single

Unmarrieds need to approach retirement planning pragmatically. In an ideal world, it would be simple to prepare for a solo retirement. You would save half as much as a couple saves, buy half as much insurance coverage, and expect to live on half the income. Reality...

TSP Withdrawal Options Are Changing

New rules could soon mean more flexibility.   By 2020, federal employees with Thrift Savings Plan (TSP) accounts should have new withdrawal choices for their invested assets. New rules are scheduled to be implemented through the TSP Modernization Act, permitting TSP...