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Understanding Annuity Lingo

“Does that make sense?” Raise your hand loud and proud if someone has ever said this to you and you answered “Yeah, of course,” when you really had no clue what was being said. I am guessing there are quite a few hands up right now. I know I am guilty. Why are we so afraid of admitting that we don’t understand something? Here are some of the essential terms you need to know about annuities so you can spend more time understanding and less time Googling. Understanding what is being said is important. You know what I mean, right? (more…)

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7 Ways the Woodstock Generation Can Tackle Rising Healthcare Costs in Retirement

A half century ago this month, 450,000 young fun-seeking 20-somethings gathered on the grassy hills of a Bethel, NY, dairy farm to share “3 Days of Peace & Music.” No one imagined it could happen. But it did. Now into their 70s, much of the Woodstock generation shares a less celebratory cause along the theme of “Many Years of Retirement & Healthcare Costs.” (more…)

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The Staying Power of a Promise

In an effort to help my father downsize, I was recently cleaning out some of the things he and my mother had gathered during their 50-plus years of marriage. In doing so, I came across an issue of LIFE Magazine from Nov. 5, 1945.  With a 10-cent price tag on the taped-up cover, the magazine featured a large, black and white close-up image of an American sailor sipping a milkshake with the short headline: “THE FLEET’S IN.” (more…)

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