Long-Term Care Planning

Guest Post by Michael Feinberg CLU, ChFC, Director of Insurance for Madison Financial StrategiesAs the population has continued to age over the last 30-40 years, one major risk to the financial wellbeing of individuals and … [Read more...]

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Does Estate Planning Include Financial Planning, and Should Your Estate Planning Attorney Also Be a Financial Planner? 

When you go through the legal process of Estate Planning, this includes you deciding: (1) who you want to receive any real estate, savings/investments, tangible personal property, and other assets of yours after your death; (2) … [Read more...]

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Critter Corner: Making Seniors Wishes Come True and Planning for Charitable Giving 

Dear Hayek, Every year, I give to the Make-A-Wish Foundation, to help make dreams come true for children with critical illnesses. I heard there was a similar group for seniors and those in elder care facilities. What do you know … [Read more...]

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What Is the Financial Impact of Caregiving? New Report Offers Interesting Insights and Valuable Tips

November is National Caregiving Month, a time to acknowledge the family caregivers who provide assistance to older adults, Veterans, people with disabilities, and those with serious and/or chronic health conditions. These … [Read more...]

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Critter Corner: Teaching Grandchildren about Finances

Dear Oakley, I’ve been thinking about gifting money to my grandchildren. Before I do so though, I’d like to teach them about financial responsibility. As a financial planner who works with seniors and their loved ones, … [Read more...]

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After the Covid-19 Pandemic—How It Has Impacted Retirement

Jane and Steve were planning on retiring in five years. Now, a year after the COVID-19 pandemic, those plans have changed. When Steve’s business wasn’t doing well this past year, they couldn’t contribute to their retirement … [Read more...]

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Is Declining Financial Literacy an Indicator of Impending Dementia?

People with dementia often have problems managing their money. In fact, money problems may be one of the first noticeable signs of the disease. A few years ago, Angie O’Leary, head of wealth services at RBC financial, noticed … [Read more...]

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When You’re Navigating Retirement as a Solo Ager

Q. I’m 58 years old and am single. I would like to retire in the not so distant future, but most of the information available is for married or even divorced people, and I’m feeling lost. I’m not feeling confident about retirement … [Read more...]

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Why Retirement Planning Is Even More Important During a Pandemic (Part 3 of a 3-part Series)

Randy Smythe, 60, took an early retirement last September after a career in e-commerce sales and soon took off to spend a year visiting the national parks while renting out his home. Now, similar to most Americans, he’s stuck at … [Read more...]

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Top 19 Articles of 2019

Those who read our newsletter or follow our blog know that we covered a lot of ground in 2019. This past year, the Federal Tax Act increased the federal estate and gift tax exemption from $11.18 million dollars per person to $11.4 … [Read more...]

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