February 18, 2020

How to Pay for Assisted Living Costs

How much does assisted living cost, and what are your options for covering these expenses? According to a government census, 10,000 baby boomers will turn 65 every day until 2030 and the U.S. Department of Health and Human Services notes 70% of these individuals will require some type of long-term c...
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February 17, 2020

5 Tips on Caring for Elderly Parents

Providing care for an aging parents can be hard. Getting older comes with emotional, physical, and sometimes, financial stress. As each generation gets older and we are faced with the issue of caregiving, we start thinking about how we can help our parents live happy and fulfilled lives....
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February 13, 2020

What is Medicaid Spend Down and How Does it Work?

Medicaid spend down is a financial strategy used to qualify for Medicaid nursing home coverage. In short, "spending down" involves reducing one's income or assets to the point of eligibility. Medicaid law allows you to do so under some complex guidelines. You would typically pursue a spend down on b...
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February 13, 2020

Cash Value Life Insurance: Part Insurance, Part Investment

Try calling up your auto insurance provider and asking for a loan. You'll likely get a big chuckle in response. That's because your car -- and home and health -- insurers are only in the business of paying on claims. Cash value life insurance, on the other hand, allows you as policyholder to benefit...
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January 17, 2020

The Best Retirement Blogs in 2020 ,

It’s never too early or too late to plan for retirement. Whether you are planning or saving for retirement or are already retired and looking for more lifestyle tips and advice, Harbor Life Settlement has pulled together a list of retirement blogs that will help you in 2020....
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January 6, 2020

What are the Living Benefits of Life Insurance?

Most people think the benefits of life insurance only occur after someone passes away, but many policies also carry benefits that can be utilized throughout the policyholder’s life. In fact, your policy may include cash options you aren’t aware of that can provide financial assistance or relief....
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