Marc Ang discusses Social Security basics and the government benefits we have paid into, some staggering social security statistical facts, criteria to qualify for social security benefits (fully insured versus currently insured) and the decision to take an early retirement or to delay until you're 70. Here is a little cheat sheet on Social Security basics and statistical … [Read more...] about Social Security Fast Facts: The Basics
Archives for March 2017
The Medicaid (Medi-Cal) Long Term Care Plan?
Marc Ang tackles the dangerous myths surrounding long term care that could mean a depletion of your entire life savings, highlighting the importance of long term care planning. Medicare and Medicaid/Medi-Cal are not the perfect solutions for long term care. False sense of security. Those are the words that come into mind for me when I hear people talk about their long term … [Read more...] about The Medicaid (Medi-Cal) Long Term Care Plan?
Seniors, Be Aware and Beware of These Common Scams
Erin Bui chats about the tragic Ed Faust Grandparent Scam story and gives a rundown of the most common scammer tricks, gives advice on how you can be a senior scam stopper, and learn about senior scam prevention in order to protect yourself and your senior loved one. While we would like to believe the world is a good place, the reality is that there are many vile individuals … [Read more...] about Seniors, Be Aware and Beware of These Common Scams
Crafting Your Financial Power of Attorney
We discuss the important considerations and intricacies of the Financial Power of Attorney document in the estate planning process and difference between the General Power of Attorney and Durable Power of Attorney. This should be part of any estate plan checklist. When preparing to give another person the ability to make financial decisions for you, there are many things to … [Read more...] about Crafting Your Financial Power of Attorney
Planning For Your Special Needs Loved One Starts Now
Erin Bui digs deep, sharing her family's concerns about her special needs uncle, who is on the autism spectrum. She then brainstorms ways to protect her uncle's future through special needs financial planning, which encompasses life insurance, special needs trust, disability insurance, long term care, and tax-advantaged investments. Control is what we all want in our lives: we … [Read more...] about Planning For Your Special Needs Loved One Starts Now