by Springwater Wealth | Jun 26, 2018 | Newsletter
Social Security benefits include automatic cost of living adjustments (“COLAs”), which are intended to ensure that payments keep pace with inflation. However, years of low inflation and rising Medicare premiums have meant that, for many seniors, the adequacy of Social...
by Springwater Wealth | Jun 18, 2018 | Newsletter
The trustees for Social Security and Medicare released a report on June 5, 2018 indicating that the benefits paid out by the Social Security program will exceed the program’s income for the first time since 1982. As a result, the trustees will be forced to draw down...
by Springwater Wealth | Jun 12, 2018 | Newsletter
The title of this blog probably induced an immediate reaction. If you’re like most of our clients, it was probably not positive. If you own long-term care insurance, you’re probably frustrated that the carrier has come back to you (perhaps more than once) and asked...
by Springwater Wealth | Jun 5, 2018 | Newsletter
A recent survey of retirees by the Employee Benefit Research Institute and Greenwald & Associates found that half of them had not attempted to calculate their health care expenses in retirement before they retired, and more than 40% said their health care costs...