There is a strange phenomenon recently reported about how aging affects financial decision making process. Interestingly, as would be expected, as people age their financial literacy declines. However, older people’s self-confidence, and in particular their confidence in managing their finances, does not decline nearly as fast. So they may be making financial decisions without assistance… Continue Reading
Author Archives: John
Difficulty Accessing Online Accounts
Google lets its users assign their online accounts to a beneficiary in the event of their death. The company will contact the beneficiary if the account is unused for a certain period of time. Twitter permits an executor or a verified family member to deactivate a decedent’s account as long as a death certificate and… Continue Reading
Living Abroad Can Affect Long Term Care Insurance
More and more Americans are retiring abroad. What does this mean for your Long-Term Care Insurance coverage? In many cases, benefits will either be reduced or the time period for which they are paid will be shortened. For instance, Genworth tends to cut its benefits payments in half if you reside outside the U.S., and… Continue Reading
Laws Spreading That Allow Terminally Ill Access to Experimental Drugs
Arizona voters recently approved a referendum that allows terminally ill patients to receive experimental drugs and devices. It’s the fifth state to approve a “right-to-try” law this year. Supporters say the laws give dying patients faster access to potentially life-saving therapies than the Food and Drug Administration’s existing “expanded-access” program, often referred to as “compassionate… Continue Reading
Merry Christmas and Happy Holidays
From our families to yours, Merry Christmas and Happy Holidays.