Tackling Long-Term Care Needs

Tackling Long-Term Care Needs

It’s hard to think about, but long-term care is an important need for which you should prepare. How much care might you need? On average, women will need 3.7 years of care, and men will need an average of 2.2 years. Approximately half of people turning age 65 will...
7 Key Strategies for Year-End Tax Planning

7 Key Strategies for Year-End Tax Planning

Conversation with: Sean Bailey, Editor-in-Chief of Horsesmouth & Debra Taylor, CPA/PFS, JD, CDFA   (WATCH VIDEO)   Sean Bailey: Hi everyone. Welcome back to the Savvy Tax Planning Monthly Video blog. I’m Sean Bailey, editor in chief and Horsesmouth. I’m here...
The Dark Side of Home Improvement

The Dark Side of Home Improvement

The National Council on Aging recently shared a story about a scammer who targeted a homeowner in Massachusetts. The victim alleged that a contractor damaged his home’s foundation and didn’t return to finish the work—even after taking thousands of dollars in payments....
Tackling Retirement Health Care Issues

Tackling Retirement Health Care Issues

A single person age 65 in 2023 may need about $157,500 saved after taxes to cover health care expenses in retirement, according to Fidelity. In 2023, their estimate for an average retired couple aged 65 is around $315,000. The actual amount you’ll need will depend on...