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Posts about Retirement Security

Planning for the Costs of Dementia & Long Term Elderly Care

Dementia is a grave condition, and its prevalence continues to grow at a staggering pace. In fact, dementia has been dubbed by some as the "silent epidemic." According to Forbes, the number of people worldwide with dementia has been steadily climbing and is expected to double every 20 years. An estimated 75 million people will be living with this disease by 2030, and the number will most likely climb to 135 million by 2050. This increase in the incidence of dementia is largely attributed to longer lifespans in both poor and rich areas of the world. 

As dementia becomes more and more widespread, everyone must learn to recognize the warning signs and plan for caregiving. By making important medical and financial decisions in advance, families can ensure the long-term well-being of their loved ones.

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Rebuilding after Hurricane Damage: 7 Tips

The hurricane season of 2017 delivered massive damage to properties in the United States, and now that the actual storms—particularly Hurricanes Irma and Harvey— have done their damage, rebuilding has begun. One firm estimates that insured losses in the U.S. from Hurricane Irma will range from $25 to $35 billion. For Hurricane Harvey, insured losses will be just above $10 billion.

If you and/or your home were affected by these massive storms, how do you begin rebuilding? Here are 7 tips on how you can recover from a hurricane disaster—without losing your sanity or your life savings:

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Equifax Data Breach: 5 Actions You Should Take Now

The massive data breach of Equifax servers by hackers from mid-May to July 2017 resulted in unauthorized access to personal information for millions of people – it’s estimated that the personal information of 143 million people – nearly 44% of the U.S. population – was compromised. Equifax is a consumer credit reporting agency that holds the most sensitive information of over 800 million individuals – including their Social Security numbers. The breach means that hackers now may have access to your most sensitive information, including your name, address, social security number, birth date, driver’s license numbers, and for some 209,000 people, credit card numbers, according to the Federal Trade Commission (FTC).

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