Ways to Plan Ahead for Major Medical Expenses

It's not where you prefer to put your money, but it’s smart to save up for the “just-in-case” major medical expense. Luckily, you can prepare for these unanticipated expenses. By choosing a quality health insurance plan, starting a health savings account, and educating yourself on medical expense deductions on your income tax return, you can help plan for most health situations.   Good Health... Continue reading

How Much Life Insurance Is Enough?

When it comes to life insurance, there's no such thing as one-size-fits-all. At first glance, $100,000 may seem like a lot of coverage. But if you have a growing family with a middle-class income and average household debts, that amount may only see your family through a few months of living expenses should something happen to you. Follow these six steps to calculate the right amount of life... Continue reading

How Much to Save for Health Care in Retirement?

Housing, food and vacations shouldn't be your only concerns when it comes to retirement planning. Failing to account for health care costs can be financially disastrous; especially when you consider that those costs often increase the longer we live. Although the cost of health care in our retirement years can vary, here are some tips to help you estimate how much you'll need. Continue reading