The cost of food, utilities, and rent are going up, and we know your dollar is not stretching as far. According to a Lending Club report, 62% of adults said they are living paycheck to paycheck.
"There are three basic levels of facility care," says Lori Gross, financial and investment advisor at Outlook Financial Center. "There are other options beyond these."
“Historically, tips were designed for services well performed," said Rob Burnette, chief executive and investment adviser at financial planning firm Outlook Financial Center in Troy, Ohio.
End-of-life expenses can be costly, but you don't have to pass those costs on to your estate or those you love. A good reason for seniors to have life insurance is to cover final expenses, says Lori Gross, financial and investment advisor at Outlook Financial Center in Troy, Ohio. Insurance makes it so you're "not leaving that burden on a loved one."
"The delay actually helps higher-income wage earners because it allows them to continue to get the tax benefit now rather than later," said Rob Burnette, CEO and investment advisor representative at Outlook Financial Center.