Divorce Due to Medical Bills!? Sometimes It Makes Sense

By Eve Kaplan, Certified Financial Planner® Practitioner Divorce amongst older couples is on the rise in this country due to spiraling medical/long-term care costs. Soaring medical/nursing care expenses are aggravated by longevity and uninsured risk (no long-term care insurance in place). Although unappetizing, divorce – when compared with alternatives — may inflict the least amount […]

The Stakes are Even Higher When Planning for Women. Here’s What You Can Do.

By Eve Kaplan, CFP® Are you a single woman (widowed, divorced or never married)? If so, your financial planning needs are greater than the average couple or single man. Why? You will live longer than the average man but you typically have less money to do so. In other words, you have “longevity risk.”  What […]

Will You Be Caught Flat-Footed by the “New Retirement”?!

by Eve Kaplan, Certified Financial Planner(R) Will you be caught flat-footed by the “new retirement”? This “new retirement” looks nothing like your parents’ and grandparents’ retirement. The “new retirement” is a very mixed bag – there’s good news, bad news and elements of unpredictability. First, the good news. People are living longer than ever and are […]

Don’t Leave Your (Social Security) $$ on the Table!

By Eve Kaplan, CFP Social Security has a Rodney Dangerfield problem because it just doesn’t get the respect it deserves. Not only is it a great risk-free, cost-free inflating annuity for life, but married couples have additional ways to increase benefits. I’m talking about the often-overlooked “spousal benefit” that may add thousands of dollars in […]

“The Retirement Gamble”

by Eve Kaplan, CFP(R) Practitioner Have you seen the PBS Frontline documentary “The Retirement Gamble”? PBS ran it again on October 29 on Channel  13 — just in time for Halloween. It’s hard to watch this program without a sense of horror at the way our retirement plan system is rigged to rip off Americans struggling to save for their […]

Retirement Spoiler: When Things Don’t Go As Planned

Have you  heard the Yiddish proverb: “Man plans, and God laughs”?  Some best-laid plans can unravel quickly – especially for something as critical as retirement planning. What do you do next? Consider these 2 conflicting headlines in the financial press that say it all when it comes to retirement planning:  “Working Longer Greatly Improves Retirement […]

Are You Committing These 13 Financial Risks?

Financial Risk is like driving a motorcycle or a car. If you speed down the highway on a motorcycle without a helmet, your risk of an accident is increases. If you ride the same motorcycle at lower speeds and wear a helmet, you reduce your risk but incur more risk than driving a car. However, […]