Kate_sept2004 | E+ | Getty Photos Lengthy-term care may be expensive, extending effectively past $100,000. But, monetary advisors say many households aren’t ready to handle the expense. “Folks do not plan for it upfront,” mentioned Carolyn McClanahan, a doctor and authorized monetary planner based mostly in Jacksonville, Florida. “It is an enormous drawback.” Over half, … Read more
Alistair Berg | Digitalvision | Getty Pictures A majority of People — 74% — say they’re considerably to very knowledgeable about how Social Safety works, based on a new survey from AARP. But the outcomes present they might stand to know extra about sure program options. Nearly all respondents, 96%, say Social Safety is essential, … Read more
Vithun Khamsong | Moment | Getty Images American workers who participate in a retirement plan expect to need an average $1.28 million set aside to retire comfortably, according to a new survey from investment management company Schroders. Yet just 30% of workers say they expect to have $1 million or more by the time they … Read more
[ad_1] Republican presidential nominee former President Donald Trump speaks at a campaign rally in Asheville, N.C., Wednesday, Aug. 14, 2024. Matt Rourke | AP The Social Security Administration sent what experts say is a misleading email to consumers last week, describing President Donald Trump’s “one big beautiful bill” as “long-awaited tax relief to millions of … Read more
