Planning for the Future

To help seniors and families understand and manage the financial and legal challenges that may lie ahead, you should consult with experts who specialize in working with those who are retired or facing retirement.

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Planning for Independence

Diane A. Wallis practices Law in Raleigh. She has focused on Elder Law, wills, estates and real estate since graduating from law school in 1982. Many difficult issues face Senior Citizens today as they manage their health and finances and seek to preserve their independence. Planning now will let you determine your own future and preserve your independence. Failing to [...]

2019-01-03T16:33:40-05:00October 13th, 2011|Elder Law, Estate Planning|
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Choosing a Health Plan

Seven Tips for Choosing a Health Plan Choosing the right health coverage has never been easy, and the health reform law has made things more complicated. Besides sorting through differences in premiums, deductibles, and copayments, new provisions in the law that could impact your coverage need to be considered. The following tips may help clear away the confusion: 1. Check [...]

2011-08-23T21:28:26-04:00August 23rd, 2011|Insurance|
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Income Inequality Increases

It wasn’t always this way. The bulk of income growth in America has gone to the top 10 percent of families, but that was not always the case. Throughout most of the 20th century, the bottom 90 percent claimed a much larger share of income growth than in recent years. The chart, from the Economic Policy Institute’s new interactive State [...]

2011-08-23T20:37:48-04:00August 23rd, 2011|Financial Planning & Money Management|
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SHIIP and Medicare Savings

Do you wonder how you will pay your medical expenses? Do you need more money for things like prescription drugs, electricity bills or food? If you answered "yes" to either of these questions and you have Medicare, help may be available. Medicare Savings Programs assist low-income Medicare beneficiaries with out-of-pocket expenses associated with Medicare. The Seniors’ Health Insurance Information Program [...]

2019-01-02T18:22:54-05:00August 23rd, 2011|Insurance, Resources|
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Long Term Care Plan Preserves Savings

Susan Wainscott, LTCP A Long Term Care Insurance Professional If you are part of the baby boomer generation (born between 1944 and 1964), you already know how important it is to save for your retirement. Little remains of the security our parents once enjoyed through company and state pensions. Today, the responsibility for retirement savings has shifted from employers to [...]

2011-07-21T23:56:26-04:00July 21st, 2011|Insurance|
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Financial Steps after a Spouse’s Death – Part II

Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 lindae@ericksonadvisors.net. Financial concerns can overwhelm a surviving spouse. In the last issue we discussed the information and documents you will need. Now let’s turn to your income. How much will you continue to receive, [...]

2019-01-19T16:13:54-05:00April 13th, 2011|Estate Planning, Financial Planning & Money Management|
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Financial Steps after a Spouse’s Death – Part I

Linda P. Erickson, CFP, is the President of Erickson Advisors and a Registered Principal offering securities through Cetera Advisor Networks, LLC 336-274-9403 lindae@ericksonadvisors.net Death can be sudden, or it can be long in coming, perhaps even a relief. However death may come to a family, it brings with it a flood of emotions and a psychic disconnect from the [...]

2019-01-19T16:22:05-05:00April 13th, 2011|Estate Planning, Financial Planning & Money Management|
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On Creating a Retirement Income

Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 lindae@ericksonadvisors.net. Do you have a GPS in your car?  You just hop in the car, punch in the destination, and a lovely voice leads you to where you want to go. If only retirement [...]

2019-01-19T16:27:27-05:00April 13th, 2011|Financial Planning & Money Management|
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Hiring a Professional

Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 lindae@ericksonadvisors.net. At some point in every big household project, I say to myself –“Why didn’t I hire someone to do this?” As I get older, with maybe a little less energy to throw at [...]

2019-01-19T16:33:55-05:00April 13th, 2011|Financial Planning & Money Management|
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Required Minimum Distributions – What, Why, and How

Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 lindae@ericksonadvisors.net. Everybody knows that you must begin taking money out of your retirement accounts at age 70½. Sounds simple, but maybe it’s not. How, exactly, and when, exactly, should you go about taking that [...]

2019-01-19T17:07:08-05:00April 13th, 2011|Financial Planning & Money Management|
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