Financial Planning is more important than ever for the 78.2 million people labeled “baby boomers” (those born between 1946 and 1964). Part of the reason is we have a lot of Baby Boomers who are dealing with aging parents. In addition, those same boomers have lived through two huge setbacks in the stock market the last 12 years. Finally, boomers are concerned about the consequences of living longer and the resulting reality that they will likely live longer without a continuing employment based source of income. Utilizing the services of a trusted insurance & financial advisor can help boomers prepare for & navigate their future financial life in a positive way.
Tag Archive: Retirement
Baby Boomer Aftermath
Permanent link to this article: http://www.cookandcookassociates.com/2013/06/20/baby-boomer-aftermath/
Health Insurance Education
Covered California, the states’ health insurance exchange, announced $ 37 million in grants the week of May 14, 2013 to begin the massive task of educating millions of Californians about the new healthcare law. The grants will go to 48 organizations, including universities, non-profit groups, health foundations and unions. They will help state officials explain the new benefits, show people how to access insurance and encourage small businesses to enroll.
In October 2013, enrollment will begin in the state’s exchange through which people can buy insurance with federal subsidies. Consumers will be able to enroll by phone, on-line, in person, & by mail. The benefits will take effect in January 2014.
Permanent link to this article: http://www.cookandcookassociates.com/2013/05/26/health-insurance-education/
California’s Healthcare
California’s healthcare exchange, Covered California, is creating a marketplace for millions of uninsured Californians to compare prices and buy health insurance policies this fall to take effect January 1, 2014.
Many of Covered Califonia’s clients are expected to be families of low and moderate incomes. Some will be eligible for tax payer subsidized policy(s), and others will have incomes low enough to qualify for
Medi-Cal.
Covered California will release a tentative list of health plans and rates for the program at the
May 23, 2013 board meeting.
Permanent link to this article: http://www.cookandcookassociates.com/2013/05/24/californias-healthcare/
Disability Insurance Awareness Month
May is Disability Insurance Awareness month. Most people underestimate their chance of becoming disabled during their working career. The fact is, that 3 in 10 people experience a disability during their working life. Disability insurance is asset & income protection. Who gets hurt if you become sick or injured & can’t work? The answer: You, along with your family. Shouldn’t you consider insuring yourself & your income in order to protect the ones you love most?
You insure home & your car against loss, why wouldn’t you insure your income?
Permanent link to this article: http://www.cookandcookassociates.com/2013/05/01/disability-insurance-awareness-month/
Trust Check-Up
If you established an irrevocable life insurance trust years ago it may be time to do a “check-up”. Matters that may need to be checked or updated include making sure that notice letters to trust beneficiaries are in good order and reviewing life insurance policies to determine if the policies are still meeting current needs.
Call me for assistance.
(We do not provide tax or legal advice).
Permanent link to this article: http://www.cookandcookassociates.com/2013/01/05/trust-check-up/
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