Finances

How much is it going to cost you to fund your retirement? Experts suggest 70% to 90% of your current income will be needed to fund your current lifestyle, and that’s without factoring other needs such as possible long-term care costs.  What can I do now?  Resources that may be helpful are listed below. 

Finance and Investing Resources

American Association of Individual Investors - a nonprofit organization that arms individual investors with the education and tools they need to build wealth; 800-428-2244

Investor Protection Trust - provides independent, objective information needed by consumers to make informed investment decisions.

NASD oversees and regulates trading in equities, corporate bonds, securities futures and options; also provides education and qualification examinations to industry professionals.

U.S. Financial Literacy and Educational Commission - Financial Education Resources

Financial Planning Association - Find a financial planner or access financial resources; 800-322-4237

Project for Financial Independence - Free financial guidance - must meet income criteria to receive services

Society of Financial Services Professionals - Find a Credentialed Financial Professional; 610-526-2500

Today’s Seniors - Contains Personal and Financial Organizers that are recommended by The Wall Street Journal for two consecutive years, these free personal and financial organizers are comprehensive, yet concise and easy-to-use.

U.S. Security and Exchange Commission - Resource for Investors; 800-SEC-0330

WISER: The Women’s Institute for a Secure Retirement - Improving the long-term financial security of women through education and advocacy.  Recommended reading: “What Women Need to Know about Retirement”.  Available as a PDF download 

Legal Resources

ElderLaw Answers - Information on senior legal issues;  866-267-0947

National Academy of Elder Law Attorneys - Questions to ask when finding & how to find an Elder Law Attorney; 520-881-4005

National Institute of Certified Estate Planners - Find a Certified Estate Planner or Estate Planning Attorney; 765-453-4300 

Long-Term Care Resources

Georgia Lifelong Planning Program - Provides information and resources about long-term care; 800-669-8387 

Medicare Long-Term Care Planning Tool - 800-MEDICARE

National Clearinghouse for Long-Term Care Information - Provides information and resources to plan for long-term care

Georgia Insurance and Safety Fire Commissioner - Insurance and Insurance Agent information; 404-651-7902

A.M. Best Insurance Company Ratings - Insurance ratings, News & Financial data; 908-439-2200 x5742

10 Questions to Ask Before Buying Long Term Care Insurance

Breaking the Silence: Initiating Family Conversations About Financing Long-Term Care

More information about planning for long term care needs is also available under Insurance Counseling on the Agewise Connection website. 

 
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