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BOSTON (MarketWatch) -- Ice floe anyone? A 65-year-old couple retiring today
will need on average a tidy $200,000 set aside to pay for medical costs in
retirement, according to an annual Fidelity Investment study released this
week.

Of course, as with any study, the devil is in the details. For instance,
Fidelity's estimate, which assumes that Americans do not have
employer-sponsored retiree health care, includes expenses associated with
Medicare Part B and D premiums ($64,000), Medicare ...   more »

Blog sponsored by Bankrupt-Law.com



Reverse Mortgages are becoming popular in America. The U.S. Department of
Housing and Urban Development (HUD) created one of the first. HUD's Reverse
Mortgage is a federally-insured private loan, and it's a safe plan that can
give older Americans greater financial security. Many seniors use it to
supplement social security, meet unexpected medical expenses, make home
improvements, and more. You can receive free information about reverse
mortgages by calling AARP at: 1-800-209-8085, toll-free. Since your home ...   more »

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Stephanie Salter: Americans using credit cards to pay for basics

The Tribune-Star

For people who pay off their credit cards each month or who never pull a
MasterCard or Visa from their wallets, the term "credit card debt" usually
conjures up a specific vision: irresponsible spendthrifts charging luxury
items that range from expensive designer clothes to tennis ranch vacations.

Recently published evidence suggests the reality is more like groceries,
emergency car repairs, medical bills and kids' ...   more »