Nightmare On Easy Street

A recent report about retirement confidence from the Employee Benefit Research Institute found a widespread concern over the future, the future in retirement income, the future of social security and the future of Medicare. This article was originally written in 2015 and it is coming true rapidly.  Well worth a new read.   Click here [...]

By |2020-04-15T23:48:32+00:00August 19th, 2019|Retirement Planning|

Baby Boomers Are Embracing Annuities With Open Arms

Baby Boomers love annuities, Fixed Indexed Annuities World War II ended in 1945 and with it, home came millions of soldiers, sailors, and marines. Eager for a new life, these returning GIs married, bought homes and started families. I am a member of that generation, now known as the Baby Boomers. The Baby Boomer generation [...]

By |2020-04-13T18:58:22+00:00March 2nd, 2019|Annuities|

Beware Of The Future Cost Of Medical Care

Two things have happened that cause great concern for our future medical care. Both costs and health care are in peril. With the advent of the Affordable Care Act (ACA), the amount of medical cost reimbursements paid to providers by Medicare has been reduced. In other words, less from Medicare, more out of pocket for [...]

By |2020-04-13T19:08:06+00:00February 4th, 2019|Financial Planning|

The Death Spiral of the American Health Insurance System

Recently, updates on the actual cost of the Affordable Care Act has disclosed severe issues that could cost the American taxpayer billions. The report has gone on to include that actual cost in both Medicare expense and user expenses unexpectedly have increased.  What went wrong? We had predicted that insurance rates would rise based on [...]

By |2020-04-15T23:45:02+00:00April 21st, 2016|Insurance|

Healthcare And The Baby Boomers

The Baby Boomers are overpowering the health care system   For over 100 years the discussion of a national health care system in America has been both a hot and cold discussion. As president, Theodore Roosevelt first suggested the idea of a health care system that would be available for all Americans. In fact, as [...]

By |2020-04-14T19:22:55+00:00September 8th, 2015|Estate Planning, Insurance|

Baby Boomers Will Be Have To Pay A Higher Percentage For Their Medical Care

Tough decisions will cause Baby Boomers to decide on retirement spending   Recently a large financial services company suggested that each retiree beginning at age 65 and using Medicare as their chosen health insurance protection vehicle could face an out of pocket expense of over $240,000 during their lifetime. The amount needed is expected to [...]

By |2020-04-12T23:31:13+00:00August 31st, 2015|Estate Planning, Insurance|

Physicians And The Affordable Care Act

Physicians are taking the brunt of lowered medical costs reimbursements  Increasingly, medical providers are deciding not to handle Medicare patients any longer; instead, they are offering services to those over age 65 with their actual cost of services being billed. The Medicare enrollee has no viable option of asking Medicare for reimbursement and is faced [...]

By |2020-04-17T23:17:24+00:00August 27th, 2015|Estate Planning, Insurance|