You don’t want to think about long-term care, but that could be a problem if you’re waylaid by an accident or illness. The sooner you plan, the better.
How many investment accounts do I really need?
Many clients come to Sensible Financial with a tangle of investment accounts. We analyze and reorganize their investments to make them more efficient and less expensive.
CCRC Series: What Do I Need to Know About Continuing Care Retirement Communities?
Many of our clients asked about retirement options. I researched and wrote a series of articles on Continuing Care Retirement Communities.
Protecting your legacy in case of an adult child’s divorce
Recently, a client came to us with a problem. He had amassed a healthy portfolio and planned to leave it to his two children. He was worried that his daughter’s impending divorce might leave her portion of the inheritance vulnerable to her soon-to-be ex-husband. How do you protect your assets — and your children — [Learn more…]
CCRC #7: Is this CCRC worthy of me? (Part 7 of 8)
Additional questions to help you decide if a CCRC is right for you. (Last in the series of 7 articles on CCRCs.) In a previous article, I suggested questions to ask a CCRC finance team member about the community’s long-term financial viability to determine whether it’s the right place for you. Chances are, by the [Learn more…]
The Importance of Creating a my Social Security Account
For at least a year now, Sensible Financial has been advising its clients to create and then “lock down” their my Social Security Account. This account is located on the Social Security Administration’s web site, www.ssa.gov. Since September 29, 2018, your my Social Security account has been the only way to apply for Social Security and Medicare benefits online. Whether you are creating this account, or logging into an account you previously created, the web site [Learn more…]
CCRC #6: Is this CCRC worthy of having me as a resident? (Part 6 of 8)
Click here to see my previous articles on CCRCs. (This is part 6 of 7.) Part 1 – How financially strong is the community? When our clients consider moving to a Continuing Care Retirement Community, they usually ask the advisor whether they qualify financially. It’s equally important to determine whether the CCRC under consideration is [Learn more…]