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RETIREMENT

The Guru Is Now a Believer! – In Long Term Care Insurance

Today, I want to introduce a couple of videos by Suze Orman, the well-known financial media mogul. Suze has never been a big proponent of insurance products and long term care, however in these videos she shares her real life experience with her mother who is in need of care that is supposedly costing $25,000-$30,000 a month for home nursing and round-the-clock care.

Math Is Not Money – And Money Is Not Math!

Years ago most companies would provide retirement plans that guaranteed an income for the rest of your life. These plans were called Defined Benefit Pension Plans and when you retired they gave you a percentage of your income for the rest of your life. Many of these types of pensions have gone away, replaced by a 401K where employees put their money into the stock market for the most part.