Robert D. Cavanaugh, CLU is a 36 year financial and estate planning veteran and author of the free newsletter, ?The Estate Preservation Advisor?. To subscribe and geta free video of one little known planning concept, go to
Do You Know The IRA Eligibility Rules? An additional income tax deduction may be available by contributing to an IRA. However, many people may not realize they qualify to have an IRA. So let’s take a look at the contribution rules.One of the things that makes IRAs so complicated is trying to understand the eligibility, maximum contribution limits, contribution phaseouts, etc. of all the types of IRAs at one time. Technically, there are...... Similar Editorial : by Cecilia Sherrard. | Source : Sep Roth Ira
Ten Things The Average Person Does Not Know About Annuities Deferred annuities possess characteristics found nowhere else. They play an important part in seniors' portfolios.Seniors hold billions of dollars in deferred annuities. However, my experience is that the average person knows little about the unique advantages of deferred annuities, much less the options they have during the holding period.When you mention the term, "annuity", it typically...... Similar Editorial : by William Smith. | Source : Consumers Best Buy
Why Many Not Buying Long Term Care From my experience in working with seniors, here are the five most offered reasons why people have not purchased long term care. In most cases, the reasons are not valid. It’s not that they don’t make any sense; it is due to lack of information. So here are the big five along with some insights that may cause you to re-think your position.1. Denial. “I won’t ever need long term care—I’ll never go...... Similar Editorial : by Jeremy Smith. | Source : Buying New Home Tips
Buy Long Term Care Without Paying Premiums Stop 100 people over 65 on the street and ask them if they will ever need to go to a nursing home and 99 will say, “No!” Folks tend to equate long term care insurance with nursing homes, but there are other aspects of long term care. Home care, assisted living, adult day care and hospice care are all forms of long term care which cost money where the person never sees the inside of a nursing home....... Similar Editorial : by Jeremy Smith. | Source : American Home Warranty Shield
Simplifying A Difficult Senior Planning Decision As Father Time marches on, the question of what to do with the home becomes a greater concern. In some cases, ruminating on the alternatives can dominate one's thinking. If a person is aware of the various options and chooses a path that makes the most sense, peace of mind can often be the result.Studies have shown that 90% of married couples and 62% of single persons reach retirement owning their...... Similar Editorial : by Eliza Bloom. | Source : Landlord Insurance Uk
The Family At Home Fees can be high and will differ among lenders. Shop around. Prior to making the decision to stay in the home or sell, each of these options should be part of the discussion among the senior, their children and financial advisors... Similar Editorial : At Home On The Range by Abigail Franks. | Source : Cash Out Refinance Mortgage
