Tag Archive | "financial"

Obama proposal sets up Wall St. fight

By Jim Kuhnhenn WASHINGTON — Tapping the anxieties of aging baby boomers, President Barack Obama on Monday called for tougher standards on brokers who manage retirement savings accounts, a change that could affect the investment advice received by many Americans and aggravate tensions between the White House and Wall Street. The Labor Department submitted a […]

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finance, money, couple, meeting, retirement, savings

Combatting financial fraud

Just because the elder’s decision seems bad, doesn’t make it (the financial proposal) wrong or exploitative.

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The ins and outs of reverse mortgages

By Alain Valles “I heard reverse mortgages are bad” is the response I often receive when I tell people what I do. Fortunately, I don’t take it personally, but view those exchanges as an opportunity to share the pros, cons and myths about reverse mortgages. The conversation usually ends with the person saying, “Wow, I […]

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The most vulnerable retirees struggle to survive

 By Patrick Semansky and Paul Wiseman It isn’t the retirement George Warren dreamed of. Confined to a wheelchair and living on disability payments after losing his job, Warren, 63, figures he would be homeless in old age if not for a senior housing program offered by Catholic Charities of Maryland. “I had plans, but life […]

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Failing yourself and loved ones if dementia strikes

By Linda T. Cammuso Failing to do an estate plan touches lives in ways that we often fail to imagine. So many people drag their feet when it comes to taking action to secure their futures and the results are often painful for them and for their families. We’ve often pondered why people procrastinate and […]

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Bad idea to keep estate plan a big secret

People tend to focus on the safekeeping of their estate plan. They try to think of the most secure place to store their documents — places such as a bank safe deposit box, a home safe or strong box or some other protected location.

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