Category: Saving Money

Switch To Save on Your Part D Plan

Medicare Prescription Drug Plans Vary by Hundreds of Dollars Per Year

Let’s face it – No matter how many times experts recommend that we reevaluate our Medicare Part D plan each year, many of us don’t!


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Tax Time: Whether or Not to Itemize Your Medical Expenses

Making the most of your tax return

Let’s face it; putting together your tax return is not something you look forward to. If you’re like most people on a fixed income, you’ve probably gotten into the habit of claiming the standard deduction because you receive a larger standard deduction on your taxes if you’re over 65 and/or blind. Depending on your expenses, mainly medical expenses, you might want to consider itemizing your deductions instead.

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Managing the Cost of Chronic Conditions

Controlling expenses when you have a long-term illness

Retirees are living longer than ever, and the odds of being diagnosed with a chronic condition, such as hypertension or diabetes, increase with age. (more…)

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Why Health Plans Need to Be a Family Affair

You owe it to yourself and your family to build a health plan for your future

I have interviewed countless healthcare experts about why people should build a personal health plan in tandem with their later-life financial plan. Both plans then can be used to help people figure out the kinds of lives they will be able to lead, and afford, in their 70s, 80s, and even later.


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Why Retirement is a Women’s Issue

Longer life expectancy and lower incomes for women can impact retirement

Women are dramatically worse off than men when it comes to retirement finances and poverty. (more…)

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Understanding Your Future Self in Building a Personal Health Plan

Raise the odds of being in good physical and financial health later in life

In 2010, the stark reality of Americans’ widespread lack of retirement savings hit home with a dramatic survey. Its headline-grabbing finding: “Americans fear outliving their money more than they fear death.” Among people aged 44 to 49, more than three out of four feared running out of money more than dying; that figure rose to 82% if the respondents were married with children. (more…)

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