The Takeaway: before you buy long-term care insurance, you need know three things: how much long-term care costs, the odds you’ll need long-term care, and how much insurance for long-term care costs. Boomer, it’s all right here! $$$ My mother-in-law’s descent into dementia was so soft and so gentle that we barely noticed it.  By … [Read more…]
Greetings, Boomer. I’ve (nearly) conquered the dinosaur.  I return to you a battle-scarred computer warrior. I’ve spent the last five months battling computer courses to help me manage this website. I lost almost every battle the first time through. It was hard to give up the momentum the blog had achieved when it finally … [Read more…]
Hi Boomer! Don’t you hate it when something you hoped wasn’t true, is true? Me too. Boomer, allow me to inform you of what’s true about my tech skills: I’m a dinosaur. To maintain control of BoomerMoneyandMore.com, and to keep the site sustainable, I’ve got to master these tech skills. As such, I am taking a hiatus while … [Read more…]
Boomer, let’s be honest. You know I didn’t do a good job planning my retirement life. True, I’d planned my finances. I’d planned to travel.  But I never planned how I’d replace: the ready-made social life work gave me; the purpose and meaning that work gave my days; and the structure that work gave to my day, which … [Read more…]
Real Estate Investment Trusts (REITs) let you own commercial real estate.  You don’t have to be a real estate mogul to play with the big “boys.” Fifty-five years ago, my parents purchased their dream home for $63,000. Today that house sells for $800,000. That’s a return rate of 5% a year. During this same time-period, inflation has averaged … [Read more…]