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Protecting Special-Needs Kids

Submitted by Cherice Chen on Thursday, August 21, 2014 - 3:00pm

More than 56 million Americans have some type of disability, according to the Census Bureau. Autism, for example, affects one in 50 children. For parents of a child with a disability, the great fear is: “What happens when we’re gone?” One answer: Set up a trust for the child. Here is how.

To support a special-needs child during and beyond your lifetime requires truly special planning. Not only are there more costs and uncertainties but also heavier emotional weight.

Why Retiring Is Tougher Now

Submitted by Eve Kaplan on Wednesday, August 13, 2014 - 12:00pm

Today’s retirement may look nothing like your parents’ or grandparents’. People live longer, benefits grow thinner, and health-care costs rise. Review your financial situation and start planning early so that this new retirement doesn’t catch you unprepared.

How to Fill Jobs Going Begging

Submitted by Josh Patrick on Wednesday, July 30, 2014 - 9:00am

Jobless stats drop steadily and companies being to cry for workers. Our national future may hinge on filling jobs fast. One contentious solution seems best: Workers from beyond our borders.

I recently heard Neil Howe, a demographer who pays lots of attention to social and population shifts in this country. He mentioned that there are four million job openings right now. Four million.

When Should You Retire?

Submitted by Josh Patrick on Monday, July 21, 2014 - 12:00pm

You might be thinking about retiring, but how do you know when you are really ready for it, mentally and financially?

For decades, the normal retirement age was 65. This was when you became eligible for Social Security and Medicare. Things are different today. Baby boomers get full Social Security at 66, for instance, and younger generations will have to wait longer.

Answer these five questions to find out how, when and if you should retire:

7 Retirement Considerations

Submitted by Josh Patrick on Friday, June 27, 2014 - 12:00pm

When helping people get ready for retirement, I find the same issues come up over and over. Thinking ahead can spell the difference between a successful retirement with enough money and a stressful one with difficult decisions that you don’t want to make.

1. Understand Social Security. The goal with Social Security is not to get the most you can from the government in your lifetime. It is to optimize the amount you receive per month when you finally retire.

Figuring How Long You’ll Live

Submitted by Larry Frank Sr. on Friday, June 13, 2014 - 12:00pm

How long do you think you will live? How long does your money need to last? If you’re like most people, you get this age wrong.

The consequence? Faulty retirement planning, overspending now and running out of money before you actually reach your true longevity. Or spending too little now, depriving yourself of a comfortable retirement before your death.

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