Personal Finance After 50 For Dummies

Learn to: Understand how changes in government programs can impact your retirement Consider the implications of tax laws Navigate your saving and investment options Manage your finances in your golden years-and enjoy your retirement The right financial decisions could make or break your future plans, so why leave them to chance? Inside, Eric Tyson and Bob Carlson give you the targeted information you need to make informed decisions regarding your investments, spending, and how to best protect your wealth. Here's to your future! - invest in and protect your health, identify retirement investments and strategies, and grasp retirement accounts and their rules Show me the money - manage budgets and expenses, guide your investments through retirement, tap into your home's equity, and consider your long-term care insurance needs Get down with government - make your best choices under Social Security, get the most out of Medicare, and discover the ins and outs of Medicaid Start your estate plan - grasp the basics on estate planning, wills and other legal documents, and tackle the federal estate tax and the many types of trusts Open the book and find: Why saving and planning sooner and smarter pays off How to assess your life insurance needs Advice on when to retire How to manage an investment portfolio Pointers for guiding investments and distributions in retirement Tips for making important housing decisions What you need to know about working in retirement Ten common retirement and estate planning mistakes