What to Watch Out For When Buying an Annuity
There are significant pitfalls lurking in the world of income-generating annuities. In one especially sad case, the sister of a young man with Down’s Syndrome made the mistake of buying annuity products that her brother most likely wouldn’t live long enough to collect...
How Universal Design Can Help You ‘Age in Place’
Universal design is a new type of architecture used to create homes that are suitable for all ages. Senior citizens often have to purchase new homes because stairs, narrow hallways, and crowded bathrooms become hazards. Universal design is focused on accessibility and...
Reverse mortgages can cause problems when spouses, heirs aren’t on board
While reverse mortgages can sometimes provide seniors who cannot work with a steady income, they can also cause problems or even result in the eviction of family members following the main borrower’s death. If a borrower is forced to move out for medical reasons, they...
Should you get cruise insurance? Yes, but …
When going on a cruise, it should be a fun and exciting time. It is something that everyone should do at least once in their lifetime and if you can take the family, then go for it! With that being said, having cruise insurance might not be a bad idea. Some people...
You’re Never Too Young To Start Saving For Retirement
Statistics show that less than half of U.S. citizens are ready for their own retirement. The numbers get worse when one looks at the Baby Boomer crowd, as those individuals are batting one out of three. Once concern, coloring the picture for younger savers, is the...
