Planning for the Future

To help seniors and families understand and manage the financial and legal challenges that may lie ahead, you should consult with experts who specialize in working with those who are retired or facing retirement.

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An Aging Parent’s Guide to Long-term Care

Remember when your children were little, and they came down with the flu? You lovingly nursed them back to health. You cared for them through colds, the measles, and chicken pox. You kissed their boo-boos and bandaged scraped knees. After all, that’s what parents do. Today your children are grown, probably married with families of their own. They may have [...]

2013-06-20T21:57:38-04:00June 20th, 2013|Insurance|
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The Seniors’ Health Insurance Information Program

By Sam Matthews, Shepherd’s Center of Greater Winston-Salem The Seniors’ Health Insurance Information Program or SHIIP is a consumer information division of the North Carolina Department of Insurance that helps Medicare beneficiaries with Medicare, Medicare supplements, Medicare Advantage, Medicare fraud and abuse, and long-term care insurance questions. The program was founded in 1986 in direct response to the growing concerns [...]

2019-01-02T17:28:40-05:00June 20th, 2013|Insurance, Resources|
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Long Term Care: Exploring Your Options

Have you ever thought about what would happen if you, or a member of your family, were no longer able to live independently? What if your elderly parents were no longer able to drive or perform basic activities of daily living, such as bathing or toileting? Would you or another family member be able to provide the care they might [...]

2013-05-28T23:55:17-04:00May 28th, 2013|Insurance|
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What is a Reverse Mortgage?

By Debbie Hall, Director, Senior Financial Care Reverse Mortgages are becoming more popular in the United States as more Americans retire and decide to “age in place”, but you should be cautious before spending down the equity in your home. In fact, it never hurts to be cautious about any financial product someone is trying to sell you. Since for [...]

2013-05-28T23:40:54-04:00May 28th, 2013|Reverse Mortgage|
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The Hidden Risk to Retirement Savings

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]. When someone asks if you have any risk to your retirement savings, how do you answer? Many will say, “I don’t have any risk. I have everything in an investment or savings account [...]

2019-01-19T14:28:07-05:00April 20th, 2013|Financial Planning & Money Management|
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Getting The Best Return On Your Charitable Investment

Nicholas J. Pino is an Investment Advisor with Capitol Financial Solutions in Raleigh. What’s the best way to give to a charity? It depends on what you’d like to achieve. Are you giving because you think it’s the right thing to do, because you want to create a legacy or because you’re following a family tradition? Are you looking to [...]

2013-04-19T22:20:11-04:00April 19th, 2013|Financial Planning & Money Management|
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Retirement Planning in Flux

When it comes to retirement planning, never before have so many things been so much in flux: the job market, the stock market, and the entire world economy. It is anybody’s guess at how Social Security and Medicare might change. According to Consumer Reports Money Adviser, this is one of those situations in life where there are things we can [...]

2013-04-19T22:06:14-04:00April 19th, 2013|Financial Planning & Money Management|
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Changing Prescription Drug Coverage

Wayne Goodwin is North Carolina Insurance Commissioner The details, options and deadlines surrounding Medicare Part D Prescription Drug Plans still confuse many people. Some Medicare beneficiaries may have kept their PDP simply so you wouldn’t have to worry about the six-week annual election period. However, they may have now discovered that some of the drugs that were covered last year [...]

2019-01-02T18:16:21-05:00April 19th, 2013|Insurance, Resources|
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Pre-Planning for Funerals

Planning a funeral is a complicated process which is made even more difficult by the emotional stress that accompanies the death of a loved one. Fortunately, many of the arrangements can be made ahead of time, which will decrease the burden on those left behind. The time to start thinking about it is when it’s unlikely to happen any time [...]

2013-02-19T23:15:50-05:00February 19th, 2013|Funeral Planning|
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The Fiscal Cliff: Should We Worry?

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]. In every Presidential election year I get calls from investors worried about a potential negative impact to their portfolios due to the impending election. Please note: both sides express concerns, just in different [...]

2019-01-19T14:36:31-05:00February 19th, 2013|Financial Planning & Money Management|
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