Retirement’s Black Hole — Medical Debt Nearly 90% of older adults who report having trouble making payments on their credit cards are carrying medical debt, according to a recent TSCL survey. TSCL is concerned that to ...
Category: All Tips for Seniors
Q & A: April 2016
Q: I’ve heard a lot of confusing advice on when to start Social Security. I’m divorced, single, and I turn 63 this year. I know that by waiting, my benefit will grow, but I’m not sure how much longer I will have my job. ...
Ask The Advisor: September 2015
Q: I'm 62 and trying to make some decisions about retirement. I'm confused and overwhelmed with information. Recently a friend told me about a retirement coach. I've never heard of this before. Is this a good idea or jus ...
Benefit Bulletin: July 2015
Patients Saying “No Thank You” To Medicare/Medicaid Managed Care Last fall Susan Gross of Barboursville, Virginia, received notification that her disabled son Andrew, who was born with cerebral palsy and is now age 42 ...
Ask The Advisor: June 2015
How Can I Budget For Healthcare Expenses When I Don’t Know What They Will Be? Q: I was looking forward to saving some money on premiums when I started Medicare. Boy was I surprised when my doctor discovered a new heal ...
Ask The Advisor: May 2015
Would Selling A Home Affect Our Social Security? Q: My wife is 65 and I’m 66. Both of us have started Social Security. We have an opportunity to sell our home, and would realize about $180,000 gain. Would this affect ...
Can You Afford To Spend More On Healthcare?
Mary Johnson, Editor I recently assisted a friend who was extremely anxious about the cost of enrolling in Medicare. Part of her anxiety was caused by a bad experience with Obamacare coverage last year. Although her h ...
“Annus Horribilis” For Healthcare Costs? — Here’s A Must-Have New Tool To Price Health Services
Mary Johnson, Editor Last year was my “annus horribilis” (Latin, meaning horrible year) for healthcare costs. Including premiums, I spent more than $10,030. Normally, I'm hale and hearty. But I blew through my health ...
Benefit Bulletin: December 2014
Why You Should Beware When The Doctor Wants To Hold You For "Observation" Most people who spend the night in the hospital would say they have been an inpatient. But over the past six years, rapidly growing numbers of ...
Best Ways to Save: December 2014
Six Tax Moves To Make Before Year End The upcoming tax season is expected to be especially challenging. A little planning now can help you lower your tax bill come April 15th. Here are 6 ways to minimize the bill, but ...