On How to NOT Screw Up Your Retirement Planning

Planning for retirement is something grown ups do. So as soon as you can when you settle into your adult life, if you can get your retirement planning moving, you will benefit from the wisdom of moving on this early in life when its time for you to retire. Too often young people live in a fantasy world that they will never grow old. But short of the worst case scenario of an early demise, everyone is going to get...

2011 Long-Term Care Insurance Price Index Published

Study Finds Comparable Coverage Today Varies By More Than 40 Percent Provided by Duaine Owings Los Angeles, CA – February 7, 2011 -   A 55-year-old couple purchasing long-term care insurance protection can expect to pay $2,350-per-year (combined) for about $338,000 of current benefits ($169,000 each) which will grow to about $800,000 of combined coverage for the couple when they turn age 80. The data comes from...

LITTLE WAYS YOU MIGHT IMPROVE YOUR FINANCIAL LIFE

Some things to think about this year – and every year.   Provided by Duaine Owings This is the year!   Yes, you can make 2011 the year you alter your financial life for a better financial future. Let’s look at some steps you might think of taking with the goal of financial freedom in mind.   No, we’re not talking about those ridiculously obvious steps the usual articles recommend, like “write your...

SHATTERING THE MYTH THAT WOMEN AREN’T GOOD WITH MONEY

      A cottage industry of condescending books doesn’t address the real issue.     Presented by Duaine Owings  Why do we cling to the myth that women don’t understand money as well as men? If you look at the personal finance books out right now, some of the titles might convince you that women need “special help” when it comes to figuring out saving, investing and budgeting. The current self-help...

IS YOUR 401(k) SAFE…FROM THE GOVERNMENT?-

The Senate Health, Education, Labor and Pensions Committee held a hearing on retirement savings and security. According to testimony submitted by Economic Policy Institute (EPI) Vice President Ross Eisenbrey: “…a truly universal system would need to shield low-incomeworkers from out-of-pocket costs or wage cuts. EPI has published and advocated a national supplemental retirement plan, the Guaranteed...