Life transitions are always stressful, and can be more than a little scary. Oftentimes, it's not until we're settled back into a routine that we notice we haven't been on our money management game. Maybe we made some big decisions while emotional. Worse yet, maybe some of those decisions were irrevocable and now you're stuck. With all the big changes happening ourselves here in the basement we realized that talking about managing money during transitions might be long overdue. Coming down to the basement today to talk about money management during BIG life changes like a divorce or elderly family member moving to managed care, is Certified Financial Planner Dorie Fain.
First though, in our headlines segment we'll look at one insurance company with skyrocketing rates on a product that consumers love to use... and other companies are following suit. Are you in danger of rising premiums? We'll tackle that question, along with our second headline involving three retirement industry myths that won't seem to go away, even though we dispel them fairly often. What are they? What do they have to do with your planning? Sadly, maybe a lot.
Of course, we'll still have time to hear Doug's trivia, answer a voicemail from Dave who more knowledge on playing the credit card rewards game, AND answer letters from Constance and Dr. J.
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