Dennis LaVoy is participating in the Caregiver Smile Summit We are please to have Dennis at the Caregiver Smile Summit. Dennis has spent his entire life in Southeastern Michigan, and has seen first-hand the difficulties that can come from this struggling economy — as well as the success stories that...
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Seeing is Believing When It Comes to Saving for Retirement (VIDEO)
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Seeing is Believing When It Comes to Saving for Retirement
Stanford University scientists have found that younger people have trouble visualizing themselves as elderly, which can limit how much they invest in their retirement plans.åÊ When the researchers showed a group of young people computer-aged photos of themselves, they became more inclined to increase their retirement investment. You can experience...
Hold Back on Those Christmas Gifts. You’ll Need the $ for Retirement (VIDEO)
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Hold Back on Those Christmas Gifts. You’ll Need the $ for Retirement
Aon HewittÛªs Real Deal studied the retirement resources and needs for 2.2 million employees of 78 large US employers. The study projects employeesÛª retirement resources and needs assuming their current behaviors continue. The study focuses on full-career contributing employees as the baseline. For this purpose, ÛÏfull careerÛ was defined as...
Even Affluent Misunderstand Retirement Savings (VIDEO)
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Even Affluent MisUnderstand Retirement Savings
A Harris Poll released by Nationwide Financial surveyed individuals who have at least $250,000 or more in household assets and plan to retire by 2020. Respondents reported health care costs as a major concern.åÊ 73 percent of those nearing retirement reported out of control health care costs as one of...
Many Lost When It Comes to Financial Planning for Retirement
Nearly 60% of Americans over the age of 50 are worried about the costs of long-term care, while only 16% feel prepared financially, according to a recent study by Sun Life Financial and conducted by Kelton Research.æ Bob Klein, Sun Life’s vice president of Strategic Planning and Linked Benefits says...
Women Caregivers and Savings
The Women’s Institute for a Secure Retirement has some good tips about saving throughout the stages of your life. Here’s a snapshot but do check out their site for more. And consultant with your tax and accounting professional before making any moves. Saving in your 60äó»s, 70äó»s and beyond: continue...