The concept of phased retirement isn’t new. Workers have been saying for years that the idea of a “glide path” to full retirement, with gradually decreasing work hours, is their ideal solution, as compared the traditional concept of retirement as an either/or proposition. In the past, most workers reached the point where they were employed … Read more
Did you know that an estate plan on its own isn’t enough to guarantee a successful retirement? Those legal documents—Wills and Trusts, Powers of Attorney, and Advance Directives—may give you a false sense of security, but they won’t prevent you from being forced into a nursing home if your health fails. They won’t keep you … Read more
How will you pay for long-term care during retirement? Are you counting on Medicare to foot the bill? If you are, you’re making a big mistake. Assuming that Medicare will meet all your healthcare needs is one of the reasons so many older Americans lose their assets to unplanned care costs. Medicare doesn’t cover everything, … Read more
If you’re like most Americans, you’ve been preparing for retirement. You’ve saved money. You have an estate plan. Maybe you’re patting yourself on the back because you’re so well prepared. If this is the way you’ve prepared for retirement, you have a half-ass plan. Seventy percent of all retirement plans fail. The facts are startling, … Read more
Successful retirement is all about having plenty of money. If you just make sure you have ample investments and a steady income, you’ll enjoy retirement bliss. Sound familiar? If you read articles about retirement in the financial press, this seems to be the message you’ll hear, over and over. We just ran across another example … Read more
You probably know who you are going to leave Grandma’s pie plate to. You might even have plans for the grandchildren to have the summer cabin. But none of that matters if you haven’t take some proper steps to inform others of your intentions. The number one reason that most people die without having proper … Read more
By Rajiv Nagaich Copyright 2011 Life Plan is a comprehensive and coordinated effort to address all issues that can cause your anticipated retirement plans to self-destruct. Among the chief culprits that can render prior planning useless is a bout with untimely illness. A stroke which a person survives but without the ability to … Read more
