In these crazy times, we have lots to think about. With the Great Pandemic raging and unemployment soaring, some of us find ourselves thinking about mortality and about the fragility of good health. Experts tell us that more families are doing estate planning, buying life insurance, and pre-paying for funerals. As regular readers of this …
Insurance
How to avoid going broke in retirement
A big scary question for many folks is, will they have enough money in retirement? You might think that if everybody is worried about it, then somebody might come up with a solution. Well, they have . . . sort of. Maybe you have noticed the commercials for “lifetime income” popping up more often on …
10 facts to know about Medicare
If you are getting Social Security benefits, you are signed up for Medicare. If you are not taking Social Security, you should sign up for Medicare about 90 days before your 65th birthday. Do not skip it. There are late-enrollment penalties. There are a few other things to know about Medicare: 1. Many are shocked at the expense. Today 55 …
Why is insurance needed?
Part of my job is to help families think about—and prepare for—bad things. It can be tricky because humans mostly don’t like to think about bad things. After all, they’re bad and it’s unpleasant to think about them. The point is not really that you must do this one thing in response to the bad stuff. The …
