Retirement

Washington State may soon approve the nation’s first publicly-funded long-term care insurance program. The measure, called the Long-Term Care Trust Act, would provide a maximum benefit of $36,500 for people who need assistance with at least three activities of daily living (ADLs) such as bathing, toileting, transferring, dressing, or eating. It would be funded with

ASSOCIATED PRESS Indonesia joined Vietnam recently to challenge Duterte’s doctrine in the South China Sea. That’s the notion that any Asian-Pacific country that dares to tame Beijing’s ambitions to control the entire South China Sea will face war with China. This week, Indonesia drew a “red line” in the South China Sea establishing fishing rights

A Florida-based biotech and regenerative medicine company is progressing with clinical research studying the safety and efficacy of stem cell treatments for aging-related diseases. Longeveron is currently recruiting for an Alzheimer’s stem cell clinical trial, as well as one study examining stem cells to boost flu vaccine immune response in older patients and another expanding its work on

GE stock is up more than 50% in the last 2 months. Copyright 2018 The Associated Press. All rights reserved. General Electric (GE) is up more than 50% since hitting a low of $7.03 in mid-December. Since this was not a very likely scenario, GE’s pensioners, many of whom have sizeable stockholdings, now have to

By Steve Vernon, F.S.A., Next Avenue Contributor (The following excerpt is from Retirement Game-Changers: Strategies for a Healthy, Financially Secure, and Fulfilling Long Life, by Steve Vernon. Published by Rest-of-Life Communications. Copyright © 2018. All rights reserved. The book is available at online booksellers and some bookstores.) Do you have enough money saved up to retire

William LeBeau, 86, right, sits in his golf cart in a parking spot at the main square in The Villages, Fla. (AP Photo/Phelan M. Ebenhack, File)ASSOCIATED PRESS The Villages, 62 miles from Florida’s Walt Disney World Resort, is a town-sized retirement community known to its residents as the “Disney World for old people.” Few in the

Making a better Medicare matchGetty The Medicare Advantage Open Enrollment Period goes from January 1 until March 31. Beneficiaries have many questions about what they can and can’t do during this time. Maybe, this old bride’s rhyme might help end the confusion. Something old:The chance to drop a Medicare Advantage plan. The “old” that carries

Wife meets with financial advisor. Photo credit: GettyGetty I often get asked by people if their 401(k)investment results are good. Usually they want an opinion on one fund or another in their portfolio. That question is often driven by something they heard or read. Typically, that results in some comparison. What is the basis of the

natureGetty I l-o-v-e making money. You too? But I’m quite certain money is just the outcome… of a very well-designed, intentional game. It’s an exciting insight, I admit. Knowing – no kidding, that the outcome… is not… the game. You get that, right? It took me a few life lessons to learn, to keep those

Stressed man looking at receding hairline.Getty An Exclusive Men-Only Club on Wall Street In a discreet office in the financial sector at the heart of Wall Street is a club that just says HCF on the door. The club is exclusively for men, but not an exclusive men’s club, if you get my meaning. It’s a hair

. Photographer: Matthew Busch/Bloomberg *** Local Caption *** Matthew Gann© 2016 Bloomberg Finance LP Home and automobile sales could be in for a 2008-9 style crash, due to “pent-down” demand. Homes and autos aren’t selling that well lately. Total vehicle sales in the US dropped to 16.70 million units in January from 17.55 million in

Photographer: SeongJoon Cho/Bloomberg© 2018 Bloomberg Finance LP President Rodrigo Duterte wants to change the name of the Philippines. Because it is a reminder, he says, of colonial times. So h e’s looking into other names, like the Republic of Maharlika, which is Malay word. But changing the name of a country like the Philippines won’t

(AP Photo/Mary Altaffer)ASSOCIATED PRESS When it comes to its stock performance, Apple is following Microsoft. It’s where Microsoft’s stock was at the end of Dot-com bubble. A value play for conservative investors. That’s according to Jeff Yastine, senior equities analysts at Banyan Hill Publishing. Apple’s “days of ‘hockey stick’ superfast growth might be over,” says

Driving into uncertainty.Celso Pupo Rodrigues, FreeImages.com Households who want to pay retirement expenses from an investment portfolio turn to spending rules like the 4% Rule, fixed percentage rule, or IRS Required Minimum Distribution (RMD) rules, to estimate how much they can spend each year. Retirees hope these rules will offer both a high probability of

Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column address questions about the ability of exes to draw on a worker’s record and what effect doing so might have, who can file a restricted application, the advisability of suspending

The trade war between China and the US will end soon. Perhaps, by March or by May at the latest. That’s according to XD Chen, Chief China Economist for BNP Paribas. “We remain confident in expecting a reasonable trade deal either in March or before May, with March more likely, in our view,” says Chen.

Alex AmosuCourtesy of Alex Amosu In today’s world, the typical “rags to riches” story is becoming less and less heard of. We now hear stories of the individuals who benefited from attendance at (often times) world-class schools and universities, giving them a head start in reaching the top. This is not to discredit the achievements

Adults over 40 took the lead in what researchers are calling the “the largest marathon study of recreational runners ever conducted.” Compiling a total of 3.5 million marathon data records, researchers analyzed marathon data information on nearly 3 million runners from 39 countries, seven continents and some 238 nationalities in 784 marathons between 2014 and

Gratus Capital’s Hank McLartyGratus Capital When former linebacker Hank McLarty, 49, set out to build his own wealth management firm after nearly 15 years under the umbrella of two of the largest firms in the country, he drew upon the leadership skills and work ethic instilled in him by Auburn football’s legendary coach Pat Dye.

How do you want to be remembered by your relatives and friends when you leave this earth? Surprisingly, more than two-thirds (69%) of Americans say they most want to be remembered for the memories they’ve shared with loved ones, according to a recent insightful report prepared by Merrill Lynch and Age Wave. This finding held