When my husband, Jeff, and I retired, we dropped our life insurance policies. Even though our daughter was still in high school, we had already saved all we were going to save. The income generated by our savings would be there regardless of whether we were alive, and we had no work related income to … Continue reading Your Money or Your Life Insurance
With Republicans winning control of the White House, the House of Representatives and the Senate you can nearly hear chomping at the bit to dismantle the Affordable Care Act, a.k.a. Obamacare. Objections to the law have been loud and unending since it was passed in 2009. Congress has voted to repeal the law in its entirety … Continue reading Dismantling Obamacare: A Self Inflicted Wound
Yesterday I was speaking with a friend, and she told me that both her mother and step mother suffered from Alzheimer's disease. Her step mother lived with it for twenty years. Her mother required five different care givers at one point. One in nine people in the U.S. over the age of 65 has Alzheimer's … Continue reading Who Needs Long Term Care Insurance?
Shortly before the financial crisis and concurrent housing bust, home prices in the Portland Metro area were soaring, much as they are today. My husband, Jeff, thought it would be fun to buy a house and flip it. I did not. We both had day jobs and we have a daughter, so spending weekends and evenings … Continue reading House Flipping Can Easily Turn Into A Flop
We were having dinner with some friends a few weeks ago, and since one of our friends is an estate attorney, the topic of wills and other estate documents came up. Surprisingly, of the four couples around the table, two did not have a will. It turns out this is not uncommon. A survey by Rocket … Continue reading There Definitely is an Afterlife, But You Aren’t In It
I've recently mentioned disability insurance in a couple of posts, "Its a Scary Time of Year - Open Enrollment" and "Risk May Be Unavoidable, But It Doesn't Have To Be Unmanageable". However, its such an important topic that I thought it warranted digging into a little deeper. Disability insurance provides income replacement if you are … Continue reading Do You Have Insurance for Your Income?
Recently, Jeff and I had dinner with some friends, and the question "what is the biggest risk you've ever taken?" came up. As we went around the table, everyone told their stories. Jeff spent four years in Taiwan and China after college, in two separate trips, with the hope of making a living there. My friend had … Continue reading Risk May be Unavoidable, But It Doesn’t Have to be Unmanageable