We’re coming up on open enrollment season at most workplaces, which means you’ll soon have the opportunity to work with your employer to update your health care coverage choices for 2022. (Not to be confused with Open Enrollment for Medicare participants, which takes place October 15 through December 7. We’ll talk about Medicare Open Enrollment […]
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Start Planning Now For Long-Term Care Needs
More than two-thirds of 65-year-olds will need some type of long-term care in their lifetime, and that care can be extremely costly, writes Rivan Stinson for Kiplinger Personal Finance magazine. Rivan recently interviewed Mari for her in-depth expose on planning for long-term care costs. The first challenge is knowing whether you should buy long-term care […]
Lots Of Questions, Still No Answers for South Florida Condo Owners
There are still no answers as to why the Champlain Towers South condo in Surfside, Florida tragically collapsed, causing almost 100 confirmed fatalities and anguish for uncounted South Florida families. Investigators will need months if not years to determine what really happened, and why. In the meantime, local condominium owners, construction and engineering experts, government officials, […]
Self-Insuring A Risky Option For Florida Homeowners
It’s already looking like the perfect insurance storm in South Florida, and hurricane season is barely underway. Home insurance costs are going up, and more companies are threatening to drop South Florida homeowners. That’s why more local homeowners are considering going bare or “self-insuring.” That means they plan to let their homeowner’s policy lapse and […]
Quote Of The Week: Thinking About Long Term Care Needs
Have you thought about your future long-term care needs? Roughly half of all Americans age 65 and older will need some kind of long-term care services. “As you plan for retirement, one of your primary goals should be ensuring that you’ll have sufficient assets to live comfortably for several more decades. If you or a […]
Quote Of The Week: Tropical Storms Remind Us Why We Need Flood Insurance
“Tropical Storm Eta’s record rainfall left behind flood-damaged homes across South Florida. And it also left behind a stark reminder that your property insurance policy may not have you covered.” “A lot of people don’t know that their homeowner’s or renter’s insurance doesn’t include flooding,” says Logan McFaddin of the American Property Casualty Insurance Association. […]
Why A Juicy Auto Insurance Rebate May Be Headed Your Way
It’s not often you get money back. But billions of dollars in auto insurance rebates may be headed your way, according to the Insurance Information Institute. Industry sources say auto insurers will be giving back to policyholders $10.5 billion in premiums and benefits either as policy credits, percentage discounts, dividends, or added insurance coverages. One […]
Furlough Versus Layoff: What’s The Difference?
More than 22 million Americans filed for unemployment benefits over the last month, as scores of businesses scaled back their workforce in response to the COVID-19 pandemic. Unfortunately, some of our clients and their family members are among those suddenly sidelined. We’re helping them adjust to the new reality and make the financial accommodations called […]
How To Retire Early Without Losing Your Health Coverage
Almost every day, we talk to people who are at least considering retiring before their 65th birthday. 65 is, of course, the age at which you become eligible for Medicare. For many early retirees, their biggest concern is how to hang on to their health insurance until age 65 when they can sign up for Medicare. Here’s […]
It’s Medicare Open Season: Do You Need To Take Action?
If you are 65 or over, there’s an important deadline coming up you need to know about. It’s open enrollment season for Medicare, and it runs from October 15 to December 7. What does that mean? During the October 15 through December 7 annual enrollment period (AEP), you can make changes to your Medicare coverage for […]
About Mari Adam, CFP®
Mari Adam, Certified Financial Planner™ has helped hundreds of individuals and families build wealth and plan for a more secure financial future for over 30 years. Her advice has appeared in publications such as Wall Street Journal, Kiplinger’s, Money Magazine, Business Week, and CBS MarketWatch.
