It wasn’t always this way. The bulk of income growth in America has gone to the top 10 percent of families, but that was not always the case. Throughout most of the 20th century, the bottom 90 percent claimed a much larger share of income growth than in recent years. The chart, from the Economic Policy Institute’s new interactive State [...]
Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 [email protected]. Financial concerns can overwhelm a surviving spouse. In the last issue we discussed the information and documents you will need. Now let’s turn to your income. How much will you continue to receive, [...]
Linda P. Erickson, CFP, is the President of Erickson Advisors and a Registered Principal offering securities through Cetera Advisor Networks, LLC 336-274-9403 [email protected] Death can be sudden, or it can be long in coming, perhaps even a relief. However death may come to a family, it brings with it a flood of emotions and a psychic disconnect from the [...]
Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 [email protected]. Do you have a GPS in your car? You just hop in the car, punch in the destination, and a lovely voice leads you to where you want to go. If only retirement [...]
Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 [email protected]. At some point in every big household project, I say to myself –“Why didn’t I hire someone to do this?” As I get older, with maybe a little less energy to throw at [...]
Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 [email protected]. Everybody knows that you must begin taking money out of your retirement accounts at age 70½. Sounds simple, but maybe it’s not. How, exactly, and when, exactly, should you go about taking that [...]
By: Patty Adams - Marketing Officer of CareGrade.com Managing finances for an elderly loved one can be a complex process. Many families find the subject of finances awkward and avoid discussing it until a crisis arises. There are steps you can (and should) take to put a financial plan in place before it becomes necessary. Remember that laws regarding matters [...]
You don’t have to be a financial expert to achieve financial success, but you do need to avoid some key fatal flaws that can threaten your future financial well-being. According to Lois Vitt, Ph.D. and Karen Murrell, co-authors of the book You and Your Money: A No-Stress Guide to Becoming Financially Fit, there are common flaws that seem benign at [...]
By: Christy Pagans When you get the midnight call that a loved one needs assisted living care, what do you do? The obvious, first step is to ensure that they receive the care they need. While arranging for this care, you will undoubtedly have to make some difficult financial decisions, and you may be faced with some unwelcome surprises. Where [...]
By: Commission on Accreditation of Rehabilitation Facilities (CARF) 1. Are there financial deposits for which I am responsible? If so, what is the refund policy if I decide not to move to the community? 2. What types of service contracts or agreements are available in this community? 3. How much is the current entrance fee? Are there plans to increase [...]
