Archive - September 13, 2017

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The Facts about the “Forgotten” Policy; Long-Term Care Insurance
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Equifax Compromised Your Credit Cards

The Facts about the “Forgotten” Policy; Long-Term Care Insurance

I recently had a long-term care insurance conversation with a client. The bottom line for this client was they were financially capable of paying their own way no matter the care required during their late life years. Obviously the best time to buy this insurance is just before you need it.

All kidding aside though, you should evaluate what you have and what you are expecting to have in your late life years. Balance those facts with the remote and increasing possibility of requiring expensive personal care in your later years. Then, make a decision.

It may be worthwhile to …

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Equifax Compromised Your Credit Cards

Equifax, one of the three credit monitoring services, admitted recently that hackers gained access to the sensitive identify and financial information in their database for 143 million people (44% of the U.S. population). The hackers exploited a website weakness from mid-May to July. Equifax learned of the intrusion on July 29th but did not disclose the information to the public until 40 days later on September 7th. The credit breach is about as bad as you could expect a breach to be. Much of the data acquired is timeless information that could be used for years.

From the Equifax website

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