How Likely Are You to Need Long-Term Care? by Morningstar
Long-term care insurance is one of the most underutilized and misunderstood financial products out there. There’s about a 60% chance an American 65 or over will need some form of long-term care. Women are more likely to need it than men. Unmarried people are more likely to need it than married. Healthy people are just as likely to need it as unhealthy people.
The Top 10 Upgrades That Make Your Home Sell Over Asking by House Beautiful
The real estate market is getting tighter. These ten things will make your home stand out if you’re thinking of selling.
On presidents, the stock market, and the big picture for investors ???? by Tier
The election just got turned upside down, which makes this a great time to look into a FAQ. The market trends higher over time, and there are many factors that impact performance. Who occupies the White House is a very small one. Sam shares all the details in this great post.
This family just bought their dream home—and it came with a 2.5% mortgage rate by ResiClub
You probably haven’t heard of assumable mortgages, but when the effective mortgage rate on homes is so much lower than current mortgage rates they become relevant. They’re mortgages that the buyer can take over from the seller with some caveats and implementation challenges such as needing to pay the difference between the loan balance and home purchase price out of pocket and uncooperative lenders.
The 401(k) Rollover Mistake That Costs Retirement Savers Billions by The Wall Street Journal
When people roll 401(k) balances from their old company’s plan into an individual retirement account, the money is frequently held as cash until they select new investments and many never do, according to this article. Avoid this mistake with your own rollovers.
The Folly of Certainty by Howard Marks
Howard’s latest memo is a gem, as he walks us through so many recent examples of how certainty cost its adherents money.
ICYMI:
Finding a Good Financial Advisor
A good advisor can help bridge the gap between where you are financially and what you want to achieve. Here’s how to find one.
Book Recommendation
1941: The Year Germany Lost the War: The Year Germany Lost the War by Andrew Nagorski
Bestselling historian Andrew Nagorski takes a fresh look at the decisive year 1941, when Hitler’s miscalculations and policy of terror propelled Churchill, FDR, and Stalin into a powerful new alliance that defeated Nazi Germany.
Boston Corner
Healey admin’s AI blueprint for Massachusetts starts to take shape
New England Economic Conditions through July 9, 2024
