Women live longer than men and for this reason face much greater challenges with regards to funding their healthcare needs after retirement. According to a study recently completed by HealthView Services, a 65 year old male who retires in 2017 will spend approximately $200,000 in retirement on healthcare alone. However the cost for a female[...]
Death and Taxes – that’s what they say are life’s only certainty. But..what if they are one in the same. In NJ and PA, you have to worry and plan for both death and taxes, and in this show, I’ll help you understand the distinction between them. Make It Last with Victor Medina is hosted[...]
Putting together an estate plan is important not only for your peace of mind but also for establishing a clear structure in the future for your children. As your children or grandchildren are playing with you and enjoying the lazy days of summer, it's still a good idea to think about your estate plan and[...]
Every week, I meet a family that’s struggling with a loved one who has dementia. It can be overwhelming, to say the least. On this week’s show, I discuss how to approach dealing with a loved one that has dementia, including getting their legal, financial, and health planning in order. Make It Last with Victor[...]
Is it possible that you’ve just assumed you’ll be around for many years to help care for your disabled child? In many cases, parents of children with special needs have become an important component of assisting their child on a daily basis. Without any proper planning, though, the transition for your loved one to manage[...]
Fixed Indexed Annuities are often promoted as ways for investors to participate in market-like returns with no risk of principal. That sounds good…but is it true? This week I take a deep look at these popular investment products, and how to evaluate whether it’s right for you, and what a great annuity looks like. Make It[...]
When someone passes away suddenly, a lot of questions are raised. This is even more true when the person didn’t take any precautionary steps in terms of estate planning. Once the estate goes through the probate process, family members may be curious about the impact of debts. One of the biggest myths in the[...]
Income taxes can be the biggest bite out of your retirement dollar…but you can take control back. By following a few basic principles of smart asset location (not allocation) and proactive income tax planning, you can optimize your income taxes and and help keep more money in your pocket. Make It Last with Victor Medina[...]
People are living longer, and the cost of long-term care can be astronomical. Every week, Victor is asked about long-term care insurance. This week, we’ll discuss how to buy long-term care insurance, and whether you should get it at all. Plus, the DOL fiduciary rule is under attack. Learn why, and what you can do[...]
As with your general life cycle, there are various stages to your financial and retirement planning that occur based on the decade of your current age. As your life trajectory changes, so too will the goals you will have as well as the focus you should have. During your 20s for example, you will[...]