Is a Life Insurance Payout Considered Taxable Income?

Death and taxes are both inevitable. When you or a loved one passes on, will the recipients have to pay taxes on life insurance payouts? Like most tax laws, the statutes governing life insurance payouts are not simple. […]

By |March 30th, 2015|Categories: senior financial planning|Comments Off on Is a Life Insurance Payout Considered Taxable Income?

Retirement Saving Plans to Help You Prepare for Unexpected Expenses

While retirement is when most Americans anticipate having a little more time to relax, they will still have expenses to pay for, and their retirement savings must account for this. Continue reading

By |February 2nd, 2015|Categories: senior financial planning|Comments Off on Retirement Saving Plans to Help You Prepare for Unexpected Expenses

4 mobile apps to help you end the budget balancing act

With the growth of mobile technology, many free smartphone applications are available to improve personal finance for seniors. Continue reading

By |January 9th, 2015|Categories: senior financial planning|Comments Off on 4 mobile apps to help you end the budget balancing act

Make the right retirement locale part of your senior health plan

Getting older gives you plenty of choices to chew on, from selecting a prescription drug plan to figuring out if you want to travel during your post-work years. Continue reading

By |September 18th, 2014|Categories: senior financial planning|Comments Off on Make the right retirement locale part of your senior health plan

Long term care as a gift?

A recent poll from Age Wave/Harris Interactive showed that 55 percent of Americans are concerned with health care issues that could lead to them being a burden on their family. Continue reading

By |August 25th, 2014|Categories: senior financial planning, Senior Health & Wellness, Senior Health Insurance|Comments Off on Long term care as a gift?

Prepare for Retirement: How Many Americans ARE NOT Prepared?

One of the biggest challenges of retirement is saving enough money to last you for the rest of your life. Continue reading

By |August 22nd, 2014|Categories: senior financial planning|Comments Off on Prepare for Retirement: How Many Americans ARE NOT Prepared?

The changing family dynamic and need for long-term care insurance

When planning for retirement, not all seniors who reach Medicare eligibility age take into account the necessity to purchase supplemental insurance for long-term care. Continue reading

By |August 11th, 2014|Categories: senior financial planning, Senior Health Insurance|Comments Off on The changing family dynamic and need for long-term care insurance

New order against age discrimination in the workplace

Age discrimination is a common problem for many seniors and Americans approaching retirement age. Continue reading

By |August 7th, 2014|Categories: senior financial planning, Senior Health & Wellness|Comments Off on New order against age discrimination in the workplace
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