Posts Categorized: Financial Planning

Financial Traps Retirees Should Avoid

For retirees and those on a fixed income, financial planning is necessary to ensure you don’t run into financial problems. Because you’re retired, you cannot count on bringing more money in from work, so you’ll...

Read more »

Senior Debt and Bankruptcy Growing

The confluence of the economic downturn, rising medical costs, and increasing debt pressures have led more seniors than ever to file for personal bankruptcy. According to the American Association of Retired People, the number of...

Read more »

Protecting Yourself From Gold-Diggers

For a single elderly person, the prospect of the new romantic relationship can be incredibly exciting and comforting. However, there is often danger in these relationships, especially when you have a significantly higher amount of...

Read more »

You May Not Get an Inheritance

According to recently released survey data, Americans expecting to receive an inheritance from their wealthy parents may be in for a bit of bad luck. The recently released study conducted by Bank of America’s private...

Read more »

Elderly Increasingly Victimized by Financial Abuse

According to a recent survey conducted by a Washington-based nonprofit financial education organization, professionals who work in finance and with elderly Americans are becoming increasingly concerned that financial elder abuse is a significant problem. The...

Read more »