Money Clinic: Projecting a Happy Retirement

Planning for retirement is a daunting task. Your goal is to project your potential income and expenses to get a rough picture of what your financial situation might look like in retirement. If retirement is approaching soon, try living for six months or more on your anticipated income to determine whether it is realistic. If […]
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Money Clinic: Financial Education Is Your Best Investment

Amazingly, the single biggest skill that can make or break your financial success isn’t taught in school. You can graduate with a four-year college degree and learn nothing about personal finance or investing. Doctors and attorneys can open their own practices without any clue how to read a financial statement. Business owners and investors can […]
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Money Clinic: Protecting Your Home from Medicaid Recovery

According to the Omnibus Budget Reconciliation Act of 1993 (OBRA-93), the state has the right to take back whatever it paid for the care of a Medicaid applicant. And because you have to be “broke” to qualify for Medicaid, usually the only property of substantial value that a person on Medicaid is likely to own […]
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