Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for our Email Newsletter
For Email Newsletters you can trust

MONEY MATTERS

Money Matters–Quick Links:



MORE MONEY ARTICLES

   Retirement: Men vs. Women

The Retirement Experience: Men vs. Women

Do men and women see things differently? At least on the topic of retirement, the answer may be yes. A recent study commissioned by Ameriprise Financial reveals that gender may play a significant role in how we feel about and prepare for this major life event.

According to findings from the New Retirement Mindscape IISM study, women tend to have a more positive outlook towards retirement, while men are more likely to feel financially ready for it. The study also found that the recession has impacted men and women differently, a fact that may account for dissimilarities in the way they plan and prepare for retirement. For those in a couple, these differences could cause some major bumps on the road to a shared retirement. Financial pitfalls and stress on your relationship are just two of the potential fallouts you and your spouse or partner could encounter if you fail to communicate effectively about your plans and goals for retirement.

The Findings: Understanding the Gender Split

CLICK HERE FOR READ FULL ARTICLE...




   Roth IRA Conversion

By Paul A. Pouliot

Roth IRA conversion decision deadline approaches

2010 marks the first year that many individuals are able to convert existing IRAs (or workplace savings plans) to a Roth IRA. Income limits that previously prevented individuals or couples with Adjusted Gross Incomes of more than $100,000 from completing a conversion no longer exist. The opportunity is now open to everybody to potentially benefit from tax-free growth of earnings. If you haven’t taken a closer look at a Roth conversion, now might be the time to do so. It could allow you much more flexibility in managing cash flow needs in a more tax-efficient way when you reach retirement.

What’s the appeal?

CLICK HERE FOR READ FULL ARTICLE...




   Healthcare in Retirement: Part II

By Paul A. Pouliot

Healthcare in Retirement:   What health care benefits are available in retirement?  We already covered Medicare and Medigap.

Medicaid

In general, Medicaid provides medical assistance to aged, disabled, or blind individuals, or to needy, dependent children who could not otherwise afford the necessary medical care. Medicaid pays for a number of medical costs, including hospital bills, physician services, home health care, and long-term nursing home care. Each state administers its own Medicaid programs based on broad federal guidelines and regulations. Within these guidelines, each state performs the following: (1) determines its own eligibility requirements; (2) prescribes the amount, duration, and types of services; (3) chooses the rate of reimbursement for services; and (4) oversees its own program.

Applying for benefits

CLICK HERE FOR READ FULL ARTICLE...


^Return to Top^




   Healthcare in Retirement: Part III

By Paul A. Pouliot

Healthcare in Retirement:   What health care benefits are available in retirement?  We have already covered Medicare, Medigap and Medicaid.

Military benefits

CLICK HERE FOR READ FULL ARTICLE...



^Return to Top^

   Investment Opportunities


By Paul A. Pouliot

Spanning the globe to find investment opportunity

One of the keys to long-term investment success is to capitalize on economic growth. Most investors looking to accumulate wealth make an effort to identify where growth opportunities exist. As nations outside of the U.S. experience more economic development, a number of growth opportunities are emerging in overseas markets.

The growth of the global economy is not new, but in general, it is a fairly recent development. Even into the 1980s, investors putting money to work overseas concentrated most of their opportunities in developed countries like Japan, Germany, France and Great Britain. Other countries such as China and India had little economic development in place. Many smaller countries were only in the early stages of incorporating capitalism as part of their economic system.

A global shift

CLICK HERE FOR READ FULL ARTICLE...


^Return to Top^



   Protecting the Future of Your Special Needs Child


By Paul A. Pouliot

Parenting a child with special needs is filled with unique challenges and rewards.  As with all parenting, your support and guidance are essential as your child grows. But for your special needs child, full independence may not be possible even in adulthood. For this reason, special needs children should be protected by a comprehensive plan that helps secure their future when their parents are no longer around to oversee their care.

CLICK HERE FOR READ FULL ARTICLE...


^Return to Top^



   Healthcare in Retirement: Part I

By Paul A. Pouliot

Healthcare in Retirement:   What health care benefits are available in retirement?

Medicare and Medigap:

Health care in retirement is available from many sources. Government programs (such as Medicaid and Medicare) offer numerous health care benefits. However, you may need to purchase supplemental health insurance or Medigap, as well. Most Americans are eligible to begin receiving Medicare benefits at age 65, but qualifying for Medicaid may require some planning on your part. In addition to these resources, you may also be entitled to military health care benefits if you are a veteran, retired servicemember, or the spouse or widow of a veteran or retired servicemember. Continuing care retirement communities and nursing homes also offer health care services for older individuals. Depending on your specific needs and circumstances, you may use any number of these resources during your retirement years.

Medicare

CLICK HERE FOR READ FULL ARTICLE...


^Return to Top^




   Understanding Long-Term Care Insurance

By Paul A. Pouliot

It’s a fact: People today are living longer.

Although that’s good news, the odds of requiring some sort of long-term care increase as you get older. And as the costs of home care, nursing homes, and assisted living escalate, you probably wonder how you’re ever going to be able to afford long-term care. One solution that is gaining in popularity is long-term care insurance (LTCI).

What is long-term care?

CLICK HERE FOR READ FULL ARTICLE...