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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Warren Buffett: Stop Coddling the Rich

By: Clarissa Dellinger “Our leaders have asked for ‘shared sacrifice,’ but when they did the asking, they spared me,” Warren Buffett wrote recently in the New York Times. “I checked with my mega-rich friends to learn what pain they were expecting. They too were left untouched.” He continues, “While the poor and middle class fight for us in Afghanistan, and [...]

2012-01-07T00:45:08-05:00January 7th, 2012|Financial Planning & Money Management|
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We’re Hungry Out Here

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]. Investors, particularly retired investors, are starving – for higher interest yield on their portfolio holdings. I did a Google search of banks in Greensboro on August 18 and found two-year CD’s offering between [...]

2019-01-19T16:07:19-05:00January 7th, 2012|Financial Planning & Money Management|
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Medical Errors Add $19.5 Billion to Health Care

Avoidable medical errors added $19.5 billion to the nation’s healthcare bill in 2008, according to a claims-based study conducted by Millman, Inc. on behalf of the Society of Actuaries (SOA). The report lists the 10 most expensive errors in healthcare settings. Pressure ulcers – the most frequent type of expensive error– were most often preventable, the authors wrote. Most of [...]

2012-01-06T20:47:14-05:00January 6th, 2012|Insurance|
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Veteran’s Benefit Helps Pay for Long Term Care

Dori J. Wiggen, an accredited attorney with Veterans Affairs is a partner with Wiggen Law Group PLLC in Durham, where she practices law with her husband. I’ll never forget my first meeting with Jimmy and his wife, Alice. Jimmy, a veteran of WWII, had a recent illness that caused him to need around-the-clock care. Alice had been caring for Jimmy with help [...]

2012-01-03T22:42:48-05:00January 3rd, 2012|Insurance|
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Stretch Out Your IRA

Laura F. Berra, CFP® and Associate Vice President-Investment Officer of The Anthony-Berra-Griffin Wealth Management Group of Wells Fargo Advisors in Raleigh.  After years of saving, you’ve accumulated significant wealth in your Individual Retirement Accounts (IRA). So, what do you do next? You may want to think about extending the life of your IRA by stretching out its tax deferral over your [...]

2011-10-13T21:48:18-04:00October 13th, 2011|Financial Planning & Money Management|
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Planning for Independence

Diane A. Wallis practices Law in Raleigh. She has focused on Elder Law, wills, estates and real estate since graduating from law school in 1982. Many difficult issues face Senior Citizens today as they manage their health and finances and seek to preserve their independence. Planning now will let you determine your own future and preserve your independence. Failing to [...]

2019-01-03T16:33:40-05:00October 13th, 2011|Elder Law, Estate Planning|
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Choosing a Health Plan

Seven Tips for Choosing a Health Plan Choosing the right health coverage has never been easy, and the health reform law has made things more complicated. Besides sorting through differences in premiums, deductibles, and copayments, new provisions in the law that could impact your coverage need to be considered. The following tips may help clear away the confusion: 1. Check [...]

2011-08-23T21:28:26-04:00August 23rd, 2011|Insurance|
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Income Inequality Increases

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 [...]

2011-08-23T20:37:48-04:00August 23rd, 2011|Financial Planning & Money Management|
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SHIIP and Medicare Savings

Do you wonder how you will pay your medical expenses? Do you need more money for things like prescription drugs, electricity bills or food? If you answered "yes" to either of these questions and you have Medicare, help may be available. Medicare Savings Programs assist low-income Medicare beneficiaries with out-of-pocket expenses associated with Medicare. The Seniors’ Health Insurance Information Program [...]

2019-01-02T18:22:54-05:00August 23rd, 2011|Insurance, Resources|
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Long Term Care Plan Preserves Savings

Susan Wainscott, LTCP A Long Term Care Insurance Professional If you are part of the baby boomer generation (born between 1944 and 1964), you already know how important it is to save for your retirement. Little remains of the security our parents once enjoyed through company and state pensions. Today, the responsibility for retirement savings has shifted from employers to [...]

2011-07-21T23:56:26-04:00July 21st, 2011|Insurance|
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