Archive for November, 2009

A PRIMER ON MEDICARE AND MEDIGAP COVERAGE

Sunday, November 22nd, 2009

Despite all the public discussion about health care, very few people under the age of 65 understand the basics of Medicare, the federal health program for seniors and certain disabled individuals, or Medigap, the supplemental private coverage many buy to cover treatment that shortfalls what the federal program doesn’t pay. Even ...

10 THINGS YOU CAN DO IMMEDIATELY TO SLASH DEBT AND SPENDING

Sunday, November 22nd, 2009

Any financial planning process begins with a change in financial behavior and expectations. The degree of change varies based on financial priorities, but in the end, it’s about adopting new habits and abandoning others. Before you take any of the following steps, it makes sense to talk to an expert who ...

IF YOU’RE CONSIDERING ENTREPRENEURSHIP AT ANY AGE, BUSINESS PLANNING IS A NECESSITY

Sunday, November 22nd, 2009

The Ewing Marion Kauffman Foundation released a study in June entitled “The Coming Entrepreneurship Boom” that credits entrepreneurship as a major force that will bring the current troubled economy back to health. The twist, however, is that Baby Boomers – ranging in age from 45 to 63 – are expected ...

EVEN IN TOUGH TIMES, GRANDPARENTS CAN STILL HELP THEIR GRANDKIDS GET A GOOD FINANCIAL START

Sunday, November 22nd, 2009

Though grandparents are among the millions who have taken a big hit to their portfolios in recent years, careful planning can ensure a healthy contribution to the education and financial future of their grandchildren. The first step involves a talk between grandchildren and their adult children. According to 2008 research from ...

TAKING A FRESH LOOK AT YOUR 401(k) ALLOCATIONS

Sunday, November 22nd, 2009

A May survey by Hewitt Associates noted that despite record losses in their 401(k) savings in 2008, individuals stuck with their 401(k) plans. However, more people dealt with their worry about investment conditions by shifting money into more conservative investments. In addition, a significant number of companies either eliminated or ...