4 Questions to Ask Before Buying Long-Term Care Insurance

My wife, Gina, and I are in year five of owning and running a home care agency, and we've experienced firsthand the pain of families struggling to pay for it. After Gina and I helped managed care for my mother, Emily, as she transitioned into an assisted living facility near our home, we knew we couldn't afford NOT to have a LTC plan. There are so many options, riders, qualifications and all of this was completely overwhelming. Ultimately, the entire process took us about eighteen months, but we did finally choose a long-term care insurance policy that was right for

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Warning signs of identity theft

Here’s what to look for if you think an identity thief has targeted you: A strange charge on your credit card bill When reviewing your bank account, do you ever notice a charge that you don’t remember making? Even a small discrepancy can indicate fraud. Sometimes criminals make a test charge just to be sure a transaction will go through before making a bigger move. Credit card bills stop coming in the mail If you didn’t opt-in to paperless billing but some of your mail isn’t showing up, now’s a good time to give that company a call. Identity thieves

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How can identity thieves use your personal information?

If an identity thief gets ahold of your information, it can be used in many ways. Your Social Security number can be used to create new accounts, take out a loan or apply for a job. Your bank account can be drained and fraudulent purchases can be made. Someone can use your information to see a doctor or get prescription drugs. If you lose your driver’s license or your wallet is stolen, someone might use your ID to avoid a DUI or speeding ticket or might try to purchase controlled items. If you’re a parent, teach your kids safe online

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 4 Work from Home Jobs to Increase Retirement Income

 4 Work from Home Jobs to Increase Retirement Income

Are you bored with your retirement life and want to continue working? Well, you’re not alone, because a lot of people choose to work in their 60s, 70s, and even 80s. According to Bloomberg, for example, almost 19 percent of people aged 65 and older were working at least part-time in the second quarter of 2017, which was the highest employment rate in 55 years. The reasons why retirees continue to work when they don’t have to are numerous. Some would like to continue to pursue their life’s passion, support worthy causes, earn money, or just stay socially active. The

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How to Protect Yourself from Identity Theft

How is identity theft committed? Your personal information can easily fall into the wrong hands. Often, thieves search through trash for sensitive documents, but increasingly information is stolen from online sources. You might fall prey to a fraudulent phishing email that steals your information, or someone might use a “skimmer” to take your credit card number. Your information can also be leaked from companies you do business with, or hackers may access your wireless internet signal. Your personal information can fall into the wrong hands in many ways. In the past we thought of identity theft in physical terms: someone

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Financial Challenges of Senior Citizens

While retirement years are depicted as a period of relaxation and fun in advertisements and movies, the reality is many face financial challenges as senior citizens. If you are helping someone with their retirement planning, or are planning your own retirement, a few strategies can help you cope with feelings of anxiety or worry. Managing Financial Security It is common for individuals to think they will be able to manage their finances on their own throughout their lives. But for many, this is not the reality. Receiving support to juggle medical bills and investment accounts is often needed. This is

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Oversubscribed – How to avoid the cash drain of too many subscriptions

Oversubscribed - How to avoid the cash drain of too many subscriptions

I have a number of subscriptions that I like to keep up. Netflix, Microsoft Office, Adobe Photoshop, Chuze Fitness, and a few others prove very handy with my lifestyle. I use them all regularly, and some more often than I should. But I don’t maintain subscriptions to services I no longer use. Why waste the cash? Your money is a precious resource, and you should use it for the things in life you need and want. Use it to further your education, your fitness, and your savings account. Use it to improve your lifestyle and your well-being. But don’t give

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Protecting Yourself from Credit Scams

Protecting Yourself from Credit Scams

Smart chips are continuing to working their way into credit and debit cards around the nation. While they offer a stronger measure of protection against fraud, they can also be a target for scammers. Protecting Yourself from Credit Scams Unlike magnetic strip cards, smart chip cards can be inserted into a slot on a card reader for payment processing. Data on the card’s chip can’t be read by card skimmers placed on or around a card reader, making it more difficult for criminals to acquire information from processing devices. Not every financial company has issued smart chip cards to customers.

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Ultimate Guide to Burial Insurance

With about 40% of adults in the U.S. foregoing life insurance, it makes sense to discuss how this can affect family members and close friends. For those of you who have played a part in financing a funeral when an uninsured family member or friend has passed away, certainly, you are intimately familiar with the financial burden that can accompany the grief of losing a loved one or close friend. When the market crashed in 2007, practically every working person in America felt the impact. Many seniors who were hoping to stop working postponed their retirement parties for financial reasons

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