long term care

MYTH: Healthcare Will Be Your Biggest Retirement Expense

The truth of this blog heading depends, of course, on the health and wealth of the individual.  But it is still rarely true.  In the plans I’ve developed, Taxes usually exceed projected health care costs 3 to 1.  I think a lot of health care cost calculators are unjustifiably alarmist for the purpose of selling insurance.  […]

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MYTH: I Hate Annuities

This is a myth.  I don’t use some of them, the expensive ridiculously high commissioned restrictive poorly performing ones.  But I agree with the authors of the article below:  I neither like nor dislike “annuities” as a class because they are a widely divergent collection of financial tools.  Some are indespensible and some are useless. 

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