Dear Hayek, Estate planning is very important, in my opinion. Inflation, however, has made many of us reconsider our priorities when it comes to our financial futures. Is there any correlation to inflation and people seeing … [Read more...]
Search Results for: inflation
Critter Corner: Do People See More of a Need for Estate Planning Due to Inflation?
Critter Corner: Will the Inflation Reduction Act Affect Seniors on Medicare?
Dear Angel, I heard about the Inflation Reduction Act and am hoping it will help Americans during this challenging time. With the rise in cost of everything these days, we can certainly use all the help we can get. What I’m … [Read more...]
Critter Corner: Tips for Seniors on Coping with Inflation
Dear Angel, Everything is so expensive these days. It seems like most items in the grocery store are up by at least 10% in price, and gas seems to have gone up 30% or more. As someone who lives on Social Security, I’m having … [Read more...]
Critter Corner: Final Guidance Issued This Week to Help People with Medicare Prescription Drug Coverage
Dear Kiwi and Mango, Although I’m on Medicare, the costs for my prescription drugs are still quite high, and frankly, I’m having trouble affording them. I heard something about a new guidance that was recently released to help … [Read more...]
Tax Brackets, Strategic Tax Bracket Management, IRMAA
2024 Tax Table 2024 Tax Rate Single Married Filing Joint 10% $0 to $11,600 $0 to … [Read more...]
Will My Mother Face Financial Ruin Paying for a Nursing Home?
Q. My mother has Parkinson’s, and it is progressively getting more difficult for her to do things on her own. She has fallen several times and is having trouble swallowing. We have an aide who comes to help her, but this level of … [Read more...]
Why Are People So Afraid of Estate Planning?
Q. I read your recent article on Aretha Franklin’s multiple handwritten wills and the family strife that ensued for five years after she died. The situation provided a great example for why all of us should have properly written … [Read more...]