When a loved one passes away, the following days can feel surreal. While you grapple with the emotions a loss brings, there are also legal and personal matters to tend to, such as closing a bank account or planning a funeral service.
If you’re running out of money in retirement, don’t panic. Now is the time to reevaluate your needs and determine the solution that’s right for you.
Since 1975, the Social Security Administration has reviewed the cost of living to influence benefit increases, which they refer to as Cost-of-Living Adjustments (COLA).
Many Americans enroll in Medicaid to cover the cost of long-term care insurance at an “approved” skilled care facility. In fact, over 75% of Ohio nursing home residents are on a Medicaid program.1