by Tammy Stoner
Financial planning for the senior depends upon individual circumstances. Some couples approach retirement with the same partner they originally married. Married, with adult children and grandchildren, they seek to spend ea...read more
A lot of us have this inaccurate picture of older people where we imagine them either married, widowed and content, lonely and sad or so preoccupied with family as to not care about developing romance. But this is hardly a...read more
by Ethel Smith
As a lady of 56, who has been married 35 years to a now 57 year old man, I suppose that we now come into the category of being an older couple. Shocking as that fact is to me I guess it is true. However I still have mixed ...read more
When it comes down to financial planning for older couples who have a substantial amount of money maybe in savings etc, they maybe want to consider paying off any outstanding mortgage payments, or have some alterations don...read more
by Karen Meeker
Certainly there are few people who want to be dependent on the social services system or their children as they reach retirement age. Having to live on a limited budget when you have worked hard your entire life seems unfa...read more
by David Riel
Older couples face some special challenges when it comes to financial planning. If they make a mistake, they have no time to make up for it by increasing their savings or earnings. It is critical, therefore, that they pro...read more
by Chloe Jones
Many seniors do their financial planning completely backwards. They retire, then try to figure out how they are going to survive on their meager Social Security and pension payments. A better strategy would be to envisio...read more
Financial planning for older couples should be based on protection for the spouse that lives beyond the other spouse, and for anything you desire to pass on through inheritance. Insurance is one product that becomes a l...read more
by Erinmarie
Some older people look at this situation and wonder why they should plan if they're not going to be around much longer. I have spent many years working with the elderly population; both in the community and in an insti...read more
by Bharati P
Youngsters of this generation can be considered as excellent financial planners. they plan for their marriage, entry of new members in their lives, different stages of children's education, savings for old age etc. But wha...read more
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