“There is a 0% chance of getting a 5% annualized return over the next 10 years in a balanced fund of 60% stocks and 40% bonds, according to a report from Research Affiliates. Target-date funds have only a slightly better chance, with a target-date fund with 10 years to retirement having only a 6% chance…
Day: October 31, 2016
What Happens to Your Credit Card Debt After You Die?
“When examining a loved one’s credit cards, it’s crucial to know whose names were associated with the account. If there was only one name on the credit card account – that of the deceased – the debt may belong only to that person,” according to Matt Schulz writing for USNWR. “When you die, your estate…
Utah, Nevada & Virginia 529 College Savings Plans rated Gold by Morningstar
Only three state 529 plans that offer tax-advantaged savings plans for children and adults received the highest rating from Morningstar. Check out UESP.org for more details on Utah’s perennially top-rated plan. Most adults don’t realize that they can save for their own education through a 529 plan. Source: Financial Planning for Women
Medicare Demystified book
I strongly recommend the book Medicare Demystified (2014) by Ronald Kahan, MD for both Medicare eligible adults and their adult children who may be helping them navigate their choices. As a recent Medicare participant, I had read a lot of info on the internet and yet was still quite overwhelmed by my options. Finally I…