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long term care

Quote of the Week: Long-Term Care Policy Now a Luxury

“Long-term care insurance is becoming a luxury buy.  The middle-class increasingly finds itself priced out of that market as premium costs rise, not only for individual coverage but for many group policies, too.” Jane Bryant Quinn,  AARP Bulletin, June 2012, “Will Help Be There for You?”

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divorce after 50

Quote of the Week: Divorce Rates Surging for Age 50+ Adults

“While the overall divorce rate in the United States has decreased since 1990, it has doubled for those over age 50. Reasons vary: Longer lives mean more years with an incompatible spouse; no kids to use as a reason to stay together; less stigma about splitting; more women working, some outearning their spouses; and a […]

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dollars and money

Quote of the Week: Commission versus Fee Planners

As our clients know, we provide investment management and financial planning services on a fee-only basis.  We always have, and we always will. That’s because we believe that selling investments on a commission basis represents an inherent conflict of interest between what’s best for you, and what’s best for the advisor.  Since we work on a fee-only […]

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financial advisor calculator

Quote of the Week: Scheduling Annual Checkups With Your Financial Advisor

“Annual or quarterly meetings tend to be a staple of the adviser-client relationship. Many advisers say these meetings are critical—that they can’t effectively help their clients with finances if they don’t have regular checkups.” Jaime Levy Pessin,  The Wall Street Journal, January 9, 2012, “Getting Clients to Take Action“

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caregiving 2

Quote of the Week: Caregiving Often Falls to Women

“The average caregiver in 2009 was a 49-year-old woman who had a job outside the home and spent nearly 20 hours per week providing unpaid care to her mother, according to a 2011 AARP Public Policy Institute study.” Emanuella Grinberg, CNN, April 9, 2012, “Caregiving for loved ones the ‘new normal’ for boomers” We hosted a […]

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robert-shiller2

Quote of the Week: Is It Time For Austerity?

“There’s a debate about the merits of austerity among economists.  …We have to deal with the debt eventually.  …(But) I think probably austerity is bad at this time.” Robert Shiller, Yale University economist and financial innovator (developer of the Case Shiller home price index and Shiller P/E stock market valuation tool), as interviewed in  Money Magazine, April […]

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travel photos

Quote of the Week: Buy Experiences, Not Things

“Buy experiences, not things.  Spending on experiences makes people happier than spending on things.  Things get broken and go out of style. Experiences get better every time you talk about them.” Jean Chatzky, “8 great rules to grow your money,” USA Weekend, March 30-April 1, 2012

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health_costs

Quote of the Week: Health Care Costs in Retirement

A 65-year-old couple who retired in 2011 can expect to spend an average of $230,000 on health care services not covered by Medicare, not including any additional expenses for nursing home care, during their retirement. Fidelity Benefits Consulting, March 31, 2011

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Money Tool

Quote of the Week: Money is Just a Tool

“It’s not about money.  It’s about living.  Money is just a tool to help you live your best life.” Kara McGuire, “Seven money tips to learn and live by“ Minneapolis Star Tribune, January 31, 2012  

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watch key retirement

Quote of the Week: Lowering Your Investment Expectations

“You still have a lot of people expecting 8% or 10% a year from stocks or even from balanced portfolios.  That’s naive.” Robert D. Arnott, founder of Research Affiliates LLC, Newport Beach, California, and portfolio manager for Pimco  funds, as quoted in “Bad News for Boomers,” Wall Street Journal, March 5, 2012  

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