July 26th, 2023

Insurance Needs Assessment: For Empty Nesters and Retirees

With the children now out of the house, financial priorities for Middle-Class Millionaires become more focused on preparing for retirement. At this stage, you may very likely be at the height of your earning power and fast approaching peak savings as you lay the groundwork for retirement. During this final leg to retirement—and throughout your … Continue reading “Insurance Needs Assessment: For Empty Nesters and Retirees”

August 12th, 2021

Managing your Health Savings Account Effectively in your Estate Planning

Health Savings Accounts, called HSAs for short, function differently than most other kinds of accounts. We call them financial planning “unicorns” because of how differently they’re handled from a tax and estate planning standpoint. During your lifetime, an HSA can be a very effective savings tool for funding medical expenses, especially since the IRS allows … Continue reading “Managing your Health Savings Account Effectively in your Estate Planning”

August 6th, 2020

The A, B, C, & D of Medicare

Breaking down the basics.  Whether your 65th birthday is on the horizon or decades away, understanding the different parts of Medicare is critical, as this government-sponsored program may play a role in your future health care decisions. This is such an important topic that we recently hosted a webinar for our clients to go over … Continue reading “The A, B, C, & D of Medicare”

June 9th, 2020

Eldercare Choices in the COVID-19 Era

Given the threat of COVID-19, seniors today may be considering their extended care alternatives with extra caution. In addition to health factors, the cost can be an issue. According to Genworth’s 2020 Cost of Care Survey, the median annual cost of a semi-private room in a nursing home is now $90,000. A single-occupancy room may … Continue reading “Eldercare Choices in the COVID-19 Era”

January 21st, 2020

Health Care Costs Are Cutting into Retirement Preparations

This is happening in subtle and not-so-subtle ways. You may have seen this statistic before or one resembling it: the average 65-year-old retiring couple can now expect to pay more than $250,000 in health care expenses during the rest of their lives. In fact, the cost is now projected at $285,000. The effort to prepare … Continue reading “Health Care Costs Are Cutting into Retirement Preparations”

October 16th, 2019

Annual Financial To-Do List

Things you can do for your future as the year unfolds. What financial, business, or life priorities do you need to address for the coming year? Now is a good time to think what methods you could employ toward specific objectives, from building your retirement fund to managing your taxes.  At Kendall Capital we review … Continue reading “Annual Financial To-Do List”

October 7th, 2019

Understanding Long-Term Care

The important question: Are you prepared? Addressing the potential threat of long-term care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy. When our financial plan analysis reveals a need for insurance, we guide our clients here at Kendall Capital through this overwhelming process and introduce them … Continue reading “Understanding Long-Term Care”

February 25th, 2019

The Importance of Advance Directives

Many people wait too long to create advance health directives and appoint a health care surrogate―and the results can be tragic. A recent article, by a physician, who is also a financial planner, illustrates a not-uncommon situation in which nobody wants to find themselves. The story begins with a woman suddenly becoming acutely ill and … Continue reading “The Importance of Advance Directives”

February 19th, 2019

Closing the Donut Hole

If you haven’t been really, really sick in the last few years, you may not have ever heard of the “donut hole” in Medicare Part D prescription drug plans. This is the common name in the medical field for an unusual coverage gap where, if you incurred $3,750 worth of drug costs in any given … Continue reading “Closing the Donut Hole”

January 7th, 2019

How Medigap Choices Are Changing

With Plan F and Plan C going away in 2020, Plan G may become the most common option. Soon, the most popular Medigap policy will no longer be available. Seniors will lose the chance to buy Plan F in 2020 as well as the less popular Plan C. These policies cover Medicare’s Part B deductible, … Continue reading “How Medigap Choices Are Changing”