Life often has a way of taking unexpected turns, especially when we get older. While there’s no way to know for sure if you’ll need long-term care in the future, it’s quite likely considering that people are living longer than ever—in fact, 69% of people will use long-term care services at some point. As you draw closer to your golden years, getting long-term care insurance (LTCI) can be a smart decision to ensure peace of mind and financial stability for both you and your loved ones. With many options available, making the right choice can feel overwhelming. Use this checklist…
Author: Prince Writer
You don’t need to be a millionaire to leave a meaningful legacy to your loved ones. Here, how to begin thinking of your legacy, and how to begin building it now, in both monetary and value-based waysby Anna Davies October 31, 2023 | Wellness My 3-year-old daughter has just started to understand the concept of memory, and as a result, nearly every third sentence begins with, “Remember?” as she recites a detail about something she and I shared. As she asks if I remember the dark rollercoaster ride we took in December, the ducks that stole our potato chips in April,…
Whether you’re planning an international vacation or taking the kids to see their grandparents, here’s how to book the best possible tripby Nicole Dieker October 30, 2023 | Money The holidays are nearly upon us, which means it might be time to start thinking about travel (if you haven’t made plans already). By booking your flights and hotel stays as early as possible, you have the best chance of locking in the best deals.Flexibility also helps, especially if you have the privilege of choosing not only your travel dates but also your holiday travel destination. If you already know that you…
How to handle common money fights before they ruin your relationshipby Nicole Dieker October 28, 2023 | Money If you and your partner fight about money, you’re not alone. And if most of your money squabbles are about financial management issues like how much to spend and how much to save, you’re right in line with the majority of married couples.That said, there’s no reason to let money fights ruin your relationship. Each of the five most common money issues couples face has an easy and practical solution, and addressing these problems while they’re small can help you prevent them from…
As a twenty-something, it’s easy to procrastinate building financial security. With all the pressures of starting the journey toward independence, terms like investment strategy, diversified portfolio, and rate of return might sound exhaustingly complex. Moreover, you’re at the start of your career, and just getting by — earning enough to cover the basics — can be challenging enough.You’re not alone — it’s completely normal to feel a little lost when discussing finance. Here to help: This guide on how to start investing in your 20s.Why is it important to start investing early?Imagine yourself as a 65-year-old at the end of…
The post 4 must-read retirement planning books appeared first on Blog | Haven Life.
Too often, families are left unsure of the way forward when grieving the loss of a loved one, as plans for their final arrangements and corresponding finances are left unsettled before their passing. Taking a proactive approach to end-of-life planning can help ease these burdens and support a smoother transition for your loved ones. Tips for preparing your end-of-life finances Consider who you want as beneficiaries of your estate. Ensure you take time to consider which family members you want to have as decision-makers and beneficiaries of your estate. You may also need to update them across different financial accounts.…
Yes, eating well without breaking the bank is possible. Here’s how to do itby Virginia Anderson October 25, 2023 | Wellness A trip to the grocery store probably feels a little different today than it did a few years ago. Prices are rising for nearly everything — cereal, fruits and vegetables, soda, meat, and coffee — thanks to inflation. If you’re trying to maintain a well-balanced diet while sticking to a budget, your efforts might feel like an uphill battle.While you can’t do anything to change the price of groceries or dining out, all is certainly not lost. There are many…
Before buying life insurance, you need to understand how it works, even as circumstances in your life change.Transferring ownership of a life insurance policy is one strategy for adapting to those changes. For example, if your attorney suggests creating a life insurance trust, signing over your policy might be necessary. Similarly, you might find it easier to secure a business loan if you agree to transfer your policy’s ownership to the bank.Below, we break down the basics of life insurance policy ownership transfers and how to do them.Insurance policies’ parties and their rightsThere are usually multiple people involved in a…
You might think that in order to be physically healthy you need to eat right, sleep well, and exercise. Well, you’re absolutely … right. Those things are definitely important.But they aren’t the full story of how to maintain good health. In fact, optimism affects physical health, too.There are a number of benefits of being optimistic. People with an optimistic outlook tend to ward off depression and manage stress more effectively than people who skew toward negativity. Scientific research now suggests that there is a link between an optimistic outlook on life and improved stress levels, a better immune system, and…