July 2017 Archives

10 things you'll need if your parent has a serious health crisis

It can be hard to talk to our parents and loved ones about what would happen in a health crisis, or about end-of-life decision-making. Emotions can run high. If you're having trouble talking to your parents about planning for the future, consider using another person's situation as a springboard.

How do you know when you are too old to manage money?

The good news is there's no obvious age at which a normally healthy person loses cognitive ability. People who are experiencing normal cognitive aging can often manage their financial affairs competently well into their 70s and 80s.

Survey shows large gender gap on financial literacy in retirement

The American College of Financial Services recently had survey participants aged 60 to 75 take a quiz to determine their level of financial literacy, especially as it relates to retirement. The unsettling news is that only 35 percent of men passed the quiz. The shocking news is that only 18 percent of women did.

5 proposals aimed at doubling the long-term care insurance rate

According to a Associated Press-University of Chicago NORC Center for Public Affairs Research poll, 57 percent of Americans surveyed said they plan to rely on Medicare to provide any long-term care services and supports they may need.

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