Archive for February 2018
The Cost of Health Care
Americans spend a lot on health care. In 2016, national health expenditures grew 4.3 percent to $3.3 trillion, which amounts to $10,348 per person.1 It’s interesting that you’ll find few people who say our health care system is fine as is, and medical services, facilities, drugs and equipment are all reasonably priced. However, there is…
Read MoreSecond Marriages: Financial Finesse
Of all the questions we ask a potential spouse before tying the knot, they seldom include: “Who are the beneficiaries of your investment plans and insurance policies?” “Do you wish to be resuscitated if your heart stops or if you stop breathing?” “Do you want your ex or me to be guardian for your…
Read MoreHow Losing Sleep Could Translate to a Loss of Money
Some teenagers seem to sleep a lot. As parents and grandparents, we can find this rather aggravating. But the fact is, as we get older, our sleep patterns may change, and our sleep can be less restful.1 Perhaps it’s a good idea to let young people sleep in peace while they still can. Scientists…
Read MoreWhy It’s Important to Care for the Caregivers
If you picture yourself receiving long-term care at some point, you likely envision a medical professional sitting bedside, tending to your needs. However, the bulk of long-term care in the U.S. is actually provided by family caregivers.1 According to a recent Merrill Lynch study, 20 million Americans become caregivers each year. Moreover, family caregivers…
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