If you are getting older and own your home, you may have a difficult decision ahead of you: will you continue to live at home, or will you move into assisted living? This choice is particularly important because it affects not just you but your loved ones as well.
While a nursing home can provide necessary assistance in your waning years, it can also be a source of consternation. Eldercare facilities are notorious for sapping their residents’ assets. If you have money you want to share with loved ones after your death, that’s something you want to avoid at all costs.
Facing the possibility of spending your twilight years in a nursing home can be scary, especially if you aren’t certain whether you’ll be able to afford a good facility or leave your most valuable assets to your heirs when you pass.
A long-term care insurance policy can offer a...
No matter how much you love your job, nobody wants to work forever. This is why it is important to consider how you will maintain your finances after you leave the workforce. This process is known as retirement planning.
Effective retirement planning requires compartmentalization. First, you need to know...
