New Year's Financial Housekeeping: Have You Created a Living Will?
With the New Year approaching it's a good time to take care of some financial housekeeping items that may have slipped through the cracks of your financial planning -- such as a living will.
David Lerner Associates News: Elder Poverty Is Projected to Rise
The Social Security system "is facing serious financial problems, and action is needed soon to make sure the system will be sound when today's younger workers are ready for retirement."
David Lerner Associates: What You Need to Know about Retirement and Long-Term Care
A comfortable retirement is something to plan for and look forward to. According to the Employee Benefit Research Institute, most Americans are on track with their savings for retirement. But, and this is a big one, have you considered what would happen if you were hit with an additional half million dollars in health care costs? Would you be able to still maintain a comfortable retirement then? It's highly doubtful that even the better off among us could withstand that.
David Lerner Associates: National Healthcare Decision Day
April 16th was National Healthcare Decision Day. While most people don't always like to talk about what would happen if they were hospitalized and unable to speak for themselves, we're glad this day exists because it brings awareness to the importance of planning for the future.