A life insurance medical exam is an important step you will need to take in order to secure coverage. The life insurance medical exam typically involves a blood and urine sample, a height/weight measurement, as well as questions about your health history and lifestyle choices such as smoking or drinking. Depending on the life insurance […]
Retirement should be a time of relaxation, reflection checking off items on your bucket list and just enjoying life in general. But with the current economic uncertainty, celebrating one’s golden years is not as straightforward as it used to be. As a result, more and more retirees are having to confront the realities of a […]
Many Baby boomers are entering a new phase of life – retirement. This often means transitioning to a smaller home in order to free up funds and reduce spending, which can be intimidating yet incredibly rewarding. What is Downsizing? Downsizing is the process of reducing a person or organization’s living or working space in order […]
Last week we published an article titled Interest Rate Hikes: What Retired And Soon to be Retired People Need to Know. In that article, we discussed interest rates, inflation and recession. Today we’re going to offer up some ideas on how you can save a little money during a recession. What is a Recession? A […]
If you’re a baby boomer searching for European destinations you can visit on a budget, you’ve come to the right place. Europe is full of amazing destinations, from ancient cities to world-class beaches, offering excellent travel options for retirees on a budget. My wife and I love to travel. We just returned from a 4 […]
For retired people in the United States, the recent interest rate hikes by the Federal Reserve are good news and bad news. The good news is that retirees will see an increase in their monthly income from their savings accounts and some other investments. The bad news is that it will become more expensive to […]
In 2023, some significant changes will be made to Medicare. These changes may affect how much you pay for your coverage, what benefits are available to you, and more. It’s important to stay informed so that you can make the most of your Medicare coverage. In this article, we’ll discuss some of the upcoming changes […]
Retirement planning is a critical step for everyone, no matter where they are in their career. One of the most popular and effective ways to save for retirement is by setting up a 401(k). A 401(k) is an employer-sponsored retirement savings plan that allows employees to set aside money from each paycheck before taxes and […]
An Individual Retirement Account (IRA) is a type of retirement savings account that can help seniors and baby boomers save for retirement. IRAs come in several different forms, including traditional, Roth, SEP, SIMPLE, and Self-Directed IRAs. Each type offers different benefits and it is important to understand the differences between each when deciding which IRA […]
There is no doubt that retirement planning is important. With many Americans living into their 80s and 90s, it’s more important than ever to ensure that your finances are in order so you can enjoy your golden years. Despite the wealth of saving and financial wellness options created by the retirement industry, there is still […]
