Near-Zero Rates From the Fed and What it Means For You

In a response to plunging numbers on the stock market, the Federal Reserve has stepped up to offer up some much needed relief in the form of a rate cut. With near-zero rates put in place, many are wondering how it will factor into their own financial futures. Swings in stock market strength influence the ways people decide to invest and how they save for retirement. As the Dow Jones ticks lower, people's 401(k) and investments will produce smaller returns for now. Those who've planned to settle into retirement at least a decade from now, take this moment to have…
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Medicare Expands Tele-Medicine Help Due To COVID-19

Medicare recently announced the expansion of its telemedicine program to benefit seniors while they stay at home during the Coronavirus pandemic. This expansion will allow millions of senior Medicare participants to adhere to the public health advisory to stay home during the coronavirus pandemic, and still, be able to connect with their doctors virtually to obtain care for their medical issues or new concerns they may have. In this way, a diabetic patient instead of making a follow-up doctor's visit in person will be able to safely connect with his doctor via Skype. If a patient suspects he may have…
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Stock Market Plunge: Have A Plan

Coronavirus has been plauging the stock market for weeks pushing the markets to record lows!  Market volatility can lead to some serious stress on the part of new and old investors alike. The constant up and down of the market can bring fear to even the most seasoned of investors. There are periods that are less volatile, but the days with no movement in the major market indices are few and far between. When dealing with market volatility, it's important to keep several things in mind to avoid making major mistakes. Have a Plan Have a plan that’s made for…
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Coronavirus and Your Travel Plans

Coronavirus is continuing to spread worldwide since its origination in China. The virus has entered countries in the Middle East, countries in Europe and even America. It is important to consider what to do about traveling internationally with the outbreak of coronavirus. The Center for Disease Control can help you in tracking where there are widespread cases of coronavirus across the world. Currently, the main country to avoid traveling to is China. South Korea and other countries in the eastern Asian region should also be avoided. It is important to always be aware however. Continue reading below to learn more…
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Savings vs. Income in Retirement

When thinking about retirement, you should make sure to have a clear understanding of savings vs. income. When thinking about retirement, many think about a particular savings amount that they would like to reach. This type of thinking comes from how general purchases are made. If you want to buy a computer, you would save the amount of money that you would need to buy a computer. However, saving for retirement is not as easy.  The issue with retirement planning is that you do not know how exactly your investments will perform. You also do not know how long you…
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