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Handling a Nursing Home

Submitted by Jeff Stimpson on Thursday, May 21, 2015 - 3:00pm

The health of an elderly parent falters and fails, a home for decades gives way to a hospital room and suddenly the longtime source of family unity and strength can’t even live alone anymore. That’s a family challenge that often sends adult children to a financial advisor for help.

Why Boomers’ Grim Outlook?

Submitted by Ray Ferrara on Friday, May 15, 2015 - 9:00am

Why do baby boomers face such dispiriting retirement prospects? The enormous size of this age cohort, born between 1946 and 1964, led to a ratcheting back of old-age benefits. Statisticians figured society simply couldn’t afford to be as generous.

How to Manage Inflation

Submitted by Roger Wohlner on Monday, April 13, 2015 - 3:00pm

Inflation is the worst enemy of retirees. It is a far bigger threat to your financial security in retirement than any potential for investment loss. Preparing for inflation is crucial. Here are a few tips.

Boosting Singles’ Benefits

Submitted by Barry Glassman on Monday, March 30, 2015 - 3:00pm

If you’re like most who think about how much you need for your golden years, you probably calculated based on still having a spouse. Widows, widowers and divorcees approaching retirement and about to file for Social Security, though, need to recognize filing options that can significantly increase monthly benefits.

Suspending Social Security

Submitted by Jim Blankenship on Friday, March 13, 2015 - 12:00pm

If you already started Social Security benefits, can you change your mind? Yes. With a little trick called “file and suspend,” you can put your benefits on hold and restart them later to maximize retirement income.