Aequus Newsletter
May/Jun 2008
A Sea of Change
As we review life in the 21st century, we realize that demographic, economic, workforce, and societal trends are driving a fundamental shift in the way that individuals view and prepare for retirement. Five factors in particular are shaping the realities of the “new retirement”:
Estate Planning For The Worst Possible Scenario
The reason why some parents hesitate to make an estate plan is understandable. It calls into consideration your worst fears – the possibility of your death or your kids facing life without one or the other parent.
Albert Bandura & Self-Efficacy
Albert Bandura, Ph.D. is regarded as one of the most eminent psychologists of our time. Bandura started his career in 1953 and still maintains an active schedule of teaching and research at Stanford University.
A Long-Term Care Insurance Primer
As millions of Baby Boomers head into their retirement years, it’s surprising how few actually know that the government provides little more than a few weeks of financial support for home-based or nursing home care when the average person needs it for at least a year. A 2006 Genworth Financial Survey says the national average private room rate at a nursing home—the most expensive care option—was $194.28 per day/$70,912 annually.