Archive for the ‘Financial Planning’ Category

Newest Long-Term Care Trend: Mexico?

Posted on: December 3rd, 2007 by Kenneth Long No Comments

One of the newest trends in home health care is outside of the traditional long-term care business. Instead of paying premiums for long-term care insurance or forking over thousands of dollars a month for assisted living facilities, many retirees are moving to Mexico.

It is cheaper and rapidly gaining in popularity. However, there are also many risks involved with this largely unregulated industry. (more…)

More Recession News

Posted on: November 22nd, 2007 by Kenneth Long No Comments

We anticipate a coming recession in 2008. As such, our counselors are planning for increased requests for assistance from financially distressed consumers.

Leading economists now put the recession risk as high as 50% in 2008. This is more than twice previous estimates. Here is why. (more…)

Should You Invest When in Debt?

Posted on: November 7th, 2007 by Kenneth Long No Comments

When trying to eliminate credit card debt, it seems counterproductive to invest money that will likely earn a lower return than what you are paying in credit card interest. In some situations, you may wish to temporarily put off your retirement plans.

However, many people mistakenly avoid taking advantage of incentives that exceed what they are saving in credit card interest. There are indeed many situations where you should invest even when in debt. (more…)

Click to Advertise here