Avoiding Ponzi Schemes with Strategic Moves

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Imagine…you’ve saved for years to create a nest egg to carry you through retirement.  You’re no Rockefeller, but you’ve done well… if only it was just a bit more, you think, you could be set for everything you need and want in your Golden Years. At about this time, a friend gets in touch with a great idea that’s already made her money, just about the same sum you were looking to add to your hard-earned retirement fund. It’s working for her, so you decide to make an investment. I always say, “If it’s too good to be true, it probably is.”

Cary Carbonaro discusses how to avoid a ponzi scheme.

Do Continuing Care Retirement Communities Make Sense for You in Retirement?

Making the decision whether to stay or go in retirement can be a tough one.  “Aging in place” – or remaining in one’s home during retirement – is one option that requires a careful evaluation of the financial costs involved.

An altogether different option – with different financial considerations than just aging in place – are Continuing Care Retirement Communities (CCRCs).  In some senses, they serve as a combination residence and Long Term Care (LTC) policy in one. Cary Carbonaro explains the benefits to a CCRC.

 

http://www.letsmakeaplan.org/cfp-pros-their-expertise/cfp-experts-corner/article/lets-make-a-plan-blogs/do-continuing-care-retirement-communities-make-sense-for-you