There was a time when your parents dreaded having “the talk” with you. If you’re like many baby boomers, the roles are now reversed and it’s you who is dreading “the talk.” This talk isn’t about the birds and the bees, though. Rather, it’s about your parent’s health, their ability to live independently, and how to pay for any care they may need.
According to the U.S. Department of Health and Human Services, a person turning 65 today has a 70 percent chance of needing some form of long-term care. On average, they will need that care for three years. Long-term care is often required when someone has trouble performing basic life functions, such as eating, bathing and getting dressed.
ARNOLDS PARK, Iowa (July 22, 2016) – As an extension to his commitment to service and placing the needs, goals and desires of others first, Carstens Financial Group is proud to announce the return of the second-annual Carstens Financial Group Charity Pro-Am.
This year’s Pro-Am, benefiting the Wounded Warrior Project (WWP), will be held August 8 and 9, 2016, at Emerald Hills Golf Club in Arnolds Park. The Pro-Am will feature professional golfers from The Dakota Tour, a 19-event professional golf tour played in the Midwest states of Minnesota, Iowa, Nebraska, Wyoming and North and South Dakota. Players will be paired with up to 80 amateurs during the Pro-Am.
For many Americans, debt is a fact of life. According to a study from NerdWallet, the average American household has more than $15,000 in credit card debt and more than $130,000 in total debt.1
While some forms of debt, such as mortgages and student loans, can be helpful, others, like credit cards, can threaten your financial stability. In retirement, debt can be especially dangerous. If you’re living on a limited, fixed income, you may not have room in your budget to make substantial debt payments.
Carstens Financial Group focuses on providing comprehensive asset management, estate planning and life insurance solutions. Allow us to help you secure your financial future.