Millennials face an uphill financial climb as they save for retirement and make other money decisions. Creative solutions via varied tools and channels may help, explains Surya Kolluri via the RetireSecure Blog.…Read More
Few Americans do much to protect themselves against the cost of long term care (LTC) in later life. In fact, between half and three-quarters of Americans are anticipated to need LTC at some point, yet only about 8 percent of the US population has LTC insurance. Instead, many people simply hope to deal with long-term care and other health risks when they happen. This is not a sensible way to deal with one of life’s major shocks, particularly when one could spend several years in such an institution at an annual cost of over $90,000.…Read More
We have recently explored this question focusing on smokers, since smoking is widely confirmed to reduce human life spans. Our research reveals a stunning gap between objective life expectancy and how smokers think about their own life spans. To examine this point, we asked 963 in a representative sample in Israel whether they thought they would live as long as, less than, or longer than an average person.…Read More
Every single day from now until 2030, about 10,000 Baby Boomers turn 65. While this doesn’t mean we become instantly feeble on our birthday, it does mean that we must start planning ahead for things that will be much more difficult to handle later.…Read More
