Does Retirement Cost Less As We Age?
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There are two prevalent assumptions about the cost of living in retirement. One is that most retirees can live on 70% to 90% of their pre-retirement income. Another is that…
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The ‘Stewardship of Life’ (Part Five)—Hybrid Long-Term Care Insurance
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Quite a while back, I published a series of four articles about care in later life. In articles three and four, I touched on various insurance products you can purchase…
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The ‘Stewardship of Life’ (Part Four)—Long-Term Care Insurance
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This article is the fourth and final one in a series about long-term care (LTC). In the last article, I alluded to long-term care insurance (LTCI) as one of the…
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The ‘Stewardship of Life’ (Part Three)—Paying for Long-Term Care
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The potential need for an extended time in long-term care (LTC) is a crucial retirement stewardship concern because of its significant financial implications. We have looked at the types of…
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The ‘Stewardship of Life’ (Part Two)—Medicare and Medicaid
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This article is the second in a 4-part series about long-term care. In the first, we looked at the various types of care, why and when they might be needed,…
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The ‘Stewardship of Life’ (Part One)—Long-Term Care
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We now know that older people are most susceptible to COVID-19 disease. We are also hearing about large numbers of deaths from COVID-19 in “nursing homes.” That is because the infection…
