• Your home has equity

    A home equity line of credit is popular, but is it smart? Learn how to get the cash you need while keeping your home and finances safe and sound.

    A Home Equity Line of Credit, or HELOC (pronounced hee-lock) as it is called in my industry, has become as common as SUVs and Starbucks. If you don't have one, I bet you know someone who does. People use HELOCs as an easy way to get lots of cash.
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  • Health care and retirement saving keep people on the job.

    How many older Americans are working full time -- any why? Here's eye-opening research on work from Employee Benefit Research Institute (EBRI):

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  • People covered by Medicare have different options each year.

    Choices range from Original Medicare to a variety of Medicare supplemental plans. The right choice next time might not be the same as last time. It's an important decision about a complex matter, so make sure you know how it works.

    NOTE: This article was written before Affordable Care Act (ACA) took effect in 2014. ACA does not focus on Medicare, but it may affect some of the information in this article. As always, you should consult insurance experts to determine what is right for you.

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  • Dealing with disasters

    Tips for dealing with the immediate shock and facing the challenges.

    Disasters affect us for months, and live in our memories for years. For those who lost homes due to fires, floods, tornadoes, landslides, hurricanes or other so-called natural disasters, life will never be the same.

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  • Marilee Driscoll

    Long-term care insurance determines how well you'll be taken care of when you can't take care of yourself.

    Long-term care insurance is potentially one of the most important purchases you'll ever make. It likely determines how well you'll be taken care of when you can no longer care for yourself.

    There are lots of decisions to make -- and they need to be informed decisions. Tempting as it is to think you'll never be in the position to need long-term care, you risk literally everything if you hide from this issue.

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  • Older people are too often the target of financial scams and money-focused manipulation.

    We've seen this all too often: Joey wanted to cash a large check from his grandmother's account. A bank employee called his grandmother, Joyce, who said her husband had recently died and that her grandson was helping out. Further review of Joyce's account revealed expenses for electronics, auto accessories, and adult entertainment. Joey was not using the money for his grandmother's benefit.

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  • Plan now for an Advanced Health Care Directive and Power of Attorney, before you and loved ones need to use it.

    Several times a month, a call comes into Elder Law and Advocacy's office in San Diego that goes something like this: "Hello, my wife (husband, or parent) has advanced Alzheimer's disease and her doctor told me I need to get power of attorney. Can you help me?"

    Misconceptions about creating and using a power of attorney for health care or finances creates problems for many families. Here's what you need to know.

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  • Stephen F. Barnes

    Living longer, healthier lives, Boomers are rejecting their parents' version of retirement -- and changing their future in the process.

    Like every other phase in their lives, Boomers are busy redefining retirement -- "busy" being the key word.

    San Diego State University professor Dr. Stephen Barnes, a specialist in adult learning and Boomer issues, discusses some of the many choices Boomers are facing, the effect these are having on the workplace, and the future world Boomers are inventing for themselves.

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  • An old joke is, "What kind of work are you out of?" Except maybe now it's not a joke. Another old line is, "What are you going to be when you grow up?" But I think, if you have the right attitude, that's still a good question.

    One day soon (if it hasn't happened already) you'll wake up with a new goal: Find another way to have fun and make money.

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  • Warrior 05

    Progress has been made in War On Cancer, but we face many challenges

    We seem to be waging war on many fronts: drugs, crime, illegal immigration, drunk driving, Afghanistan, Iraq, terrorists in general, terrorism on airplanes in particular. But our most serious war -- the one most likely to affect all of us -- is one we are still losing: The War on Cancer.

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  • Piggy Bank

    Saving for your child's future ... or yours: Which takes priority?

    Q: I am worried about saving money for retirement while planning expenses for my children's college years. Is there a way to do both?

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  • How you feel affects your desire for new things.

    Here's research that hits close to home. Because when you're feelin' blue, home is where you want to be. 

    This is more than common -- it is behavior you can count on!

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  • A diagnosis of Alzheimer’s has more than just medical implications — there are financial issues, too.

    An estimated 5 million people in the United States have Alzheimer's disease; this number is expected to double by the year 2050 as the elderly segment of our population grows. Not only does the disease have a significant emotional impact on individuals and their families, it also causes severe family financial burden and places considerable demands on the greater public health system. 

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  • A reverse mortgage can really turn things around for seniors who are struggling to get by. But, when does (and doesn't) it make sense to cash in on your home equity?

    As one of my friends puts it, "There's nothing worse than being old -- except being old and being broke."

    It's a simple fact: As we live longer, we may find ourselves outliving our savings accounts. Pensions and social security often don't keep up with inflation, and then there are the kids who need help, the new roof, the prescriptions not covered by medical insurance, and all those other expenses that keep coming long after a regular paycheck has stopped fattening the savings account every month.

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