Insurance and Healthcare

Time to Review Your Homeowner’s Insurance

In recent years, the expenses related to home construction have significantly increased due to various factors such as the post-Covid stimulus demand and low interest rates. While this may not concern homeowners who are not intending to enhance, expand, or build a new home, individuals with insufficient homeowner’s insurance policies are at risk of being […]

5 Reasons Why Healthcare Professionals Should Not Delay Retirement Planning

2022-11_5 Reasons Why Healthcare Professionals Should Not Delay Planning for Retirement

By The Welch Group As healthcare professionals continue to navigate the challenges of the pandemic, many are likely dreaming of a quiet and peaceful retirement. Unfortunately, more than 40% of healthcare workers reported that their financial situations have gotten worse since the onset of COVID-19. Even without factoring in COVID-19 stressors, physicians and healthcare professionals […]

The Time for Medicare Review is Now

Are you currently on Medicare or planning to enroll in Medicare this year? Now is the time to act because the open enrollment period is LIVE. It’s always a good rule of thumb to review your current plan to ensure you are on the best plan for your specific health and financial situation. Plus, making […]

Social Security Expectations for 2023

Inflation is at a 40-year high and interest rates keep increasing. However, there is a silver lining in these uncertain times, especially for Social Security Beneficiaries: the potential for a substantial cost of living adjustment in 2023. As of now, projections for the adjustment are as high as 10%, but this may change based on […]

Financial Exploitation: Protecting the Elderly

As Oscar Wilde once said, “With age comes wisdom.” While that may be true to a degree, it is no secret the unfortunate byproduct of advancing age is the deterioration of one’s physical and mental abilities. While diminishing capacity is obvious in some people, it is more subtle in others, leaving them unprotected and vulnerable […]

Time To Review Your Homeowner’s Insurance

The catastrophic damage in Louisiana and throughout the Northeast caused by Hurricane Ida is an important reminder of the value of homeowners insurance.  According to the Insurance Information Institute, 2019 reported that 5.1% of insured homes had a homeowner’s claim. 97% of those claims were attributed to property damage, and 3% were losses from liability […]

Umbrella Liability Insurance – How Much is Enough?

It was a blue-sky Colorado day as my clients were driving to the airport after a week of snow skiing when they hit a patch of ice, causing their car to veer into the oncoming lane.  Fortunately, my clients and their children had buckled their seatbelts…unfortunately, the two ladies in the oncoming vehicle had not.  […]