Answers to Money Questions
Whether you've been a savvy investor, a shrewd saver, or have always lived paycheck to paycheck, once you become a senior, your financial landscape will change. After age 65, you're eligible for Medicare, which means, depending on your health circumstances, that you may be able to carry less (or no) private health insurance.
If you're considering retiring, you'll gradually find out if your savings and investments will carry you through, or if you will need some kind of supplemental income. Retirement planning strategies are becoming more sophisticated everyday, what would work best for you?
On the other hand, if you're helping a parent move into an assisted living community, you'll quickly discover that long-term care insurance for you is the best present you can give your children.
How much does senior living cost? What is Medicaid, anyway? When should you start collecting Social Security? We're bringing the information you need together in one place so you can make the decisions that will help you live a secure, rewarding life.