Healthy Aging® Financial Wellness
"because there's lots of living left to do..."
Did you know that you are legally responsible for everything on your tax return, even if another person prepared it for you? Choosing a tax preparer is important... Here are 5 mistakes not to make.
Mistake #1: Not Asking What “Preparer” Means
Anyone can use the title “tax preparer,” so find out what kind of training and experience the person actually has. Article continues here...
Trial & Heirs' Top 10 List of Celebrity Estate Planning Mistakes ...avoid the wills and estate battle with these ideas
How to keep your job in today's economy. Tips for making yourself invaluable at work.
Heart disease, cancer, diabetes? Strategies for obtaining life insurance
Where Will Seniors Get Healthcare in the Future?
 Nearly Half of Americans Ages 45-70 Have No Plans to Protect Themselves Against Outliving Assets or the Rising Cost of Healthcare in Later Life
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They're back! Your kids, that is. Returning to the nest. Are you ready with a financial plan?
Many college graduates are returning home for the first time in several years. Once upon a time, these graduates quickly moved on to their own digs, but today that trend is changing. Because of an uncertain economy, many young adults have decided to spend a few years at home until they have a stronger financial foundation. Others are seeking a way to minimize living expenses while they pay off hefty student loans, attend graduate school, or save for a down payment on a home.
The prospect of living with an adult child may fill some parents with delight, others with dread. In either case, Pennsylvania Institute of Certified Public Accountants (PICPA) advises that it’s important to be aware of the financial challenges that parents will face in this situation. Families that address these issues early have a better chance of preserving harmony. The Pennsylvania Institute of Certified Public Accountants offers these suggestions. Click here |
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Losing your job? Time to think about re-packaging yourself...
With today's economy affecting everyone, you may be thinking your age might be putting you to the head of the "firing line". If you are seeing the writing on the wall, or have already been cut and wonder where to turn...
How to find credit to start small business
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More Americans “Live to Work” Than “Work to Live”
CIGNA Survey Shows Most Link Work and Well-Being; Value Disability Insurance That Protects Income
Would you quit your job if you won the lottery? With the U.S. economy ailing and companies laying off millions of Americans who are anxiously searching for employment, a new CIGNA survey shows that for the majority of Americans, work means a lot more to them than a paycheck to cover the bills.
Work is an essential part of most people’s sense of self-worth and emotional well-being. In fact, one in five Americans say they love their jobs and would continue to work even if they won the lottery. And nearly all Americans say they find value in disability insurance that would protect their income if they couldn’t work if they were ill or injured. read more... |
7 Tips for Shopping on Line...
As more and more older adults are going on-line for shopping, they are seeing that the stress of wading through crowded stores is eliminated but a different stress may replace the physical... The mental stress is sometimes elevated when items are out of stock, websites don't work asnd you worry if your credit information will fall into the wrong hands. Following is a review of what's hot and how to approach the internet shopping experience...read more
How to save money tips:
Gas: Want to find the best gas prices in your town? There are resources on the net to help you find them. Try these websites: GasBuddy.com, MSN Gas Prices, Mapquest, GasPriceWatch.com . Just put in your zip code and you instantly get a list of local gas stations and their price per gallon, plus a map finder.
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Groceries: Whenever you wish you had that coupon, you can't find it, right? Check out these coupon sites: TheCouponClippers.com |
Can I afford to retire?
Americans Retirement Fears Revealed - Healthcare Costs #1 Concern
Many authorities in the financial planning field say that you need 80% of your pre-retirement income to maintain your lifestyle after retirement. That figure may or may not be good for you; if you're one of the people who walks to work works in his or her home, for instance, you won't save a penny on commuting. There are those who will still want the latest clothes whether or not they still have to impress business colleagues or not. And, of course, a lot of us want to travel more after retirement than we did before. Click HERE to view a budget worksheet that will help you to find out how much you really need to have a comfortable life.
We will help you do a simple and realistic analysis of your post-retirement income. As simple as it is, it will take some time, dedication, and phone calls on your part to complete. If that seems like a lot to ask, it is. But some time and planning now could make a big difference to you later.
Your first task is to call the Social Security Administration and ask their assistance in figuring out how much you will get by way of retirement benefit from the government. Next, talk to the Human Resources department where you work to get an estimate of the pension benefit to which you will be entitled.
The next step is to project 80% of your current salary -- the amount you will use as your benchmark for post-retirement income needs -- into the future. Click HERE for the table, chart, and directions for calculating this amount. You will then be able to calculate whether or not you can afford to retire.
 YOUR MONEY: Debit Card Overdraft "Protection" Not Appealing to Most, According to Consumer Reports Poll
Only 22 percent opt-in for service
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