Retirement

The ability to switch Medicare plans isn’t as available as many beneficiaries are told or believe, and the Centers for Medicare and Medicaid Services wants beneficiaries to be more aware of the practical limits. In a section of new proposed regulations, the Centers for Medicare and Medicaid Services says that agents and brokers must discuss

The gift-giving season is upon us, and if you’re like many, you’ll be looking for a last-minute gift that isn’t the same-old, same-old. This year, why not give the gift of a lifetime? Forget those faddish toys that get broken or lost within days. Give your kid or grandkid a Child IRA. “The primary benefit

Helping aging parents can be a difficult journey as they age. Some elders are relatively simple, though always work, while other families experience a minefield with their parents. Some aging parents have always been manipulative in their lives. It can get worse with aging, when they expect more as their needs increase. Those with substantial

Most workers approaching their retirement years haven’t saved enough money to retire full time at age 65 and continue their current level of spending. Let that disturbing conclusion sink in for a while. Unfortunately, many workers haven’t realized this fact and have unrealistic assumptions about when they can retire and their standard of living in

By Rachel Leland, Next Avenue While reliable data shows that the very rich are, for the most part, getting much richer, some families go from “riches to rags” by failing to carefully pass down wealth from generation to generation. Some financial advisers tell their clients that only 30% of high-net-worth families succeed in transferring their