Currently browsing:

Work World: Late Career Management
January 20, 2020

The number of workers older than 64 has increased threefold since 1989.1 And while working longer may be a marker of good health for some, it’s a necessity for others who need the income. As a result, we may need to rethink our idea of what retirement looks like in…

Read More

Getting a Fix on Health Care
January 15, 2020

If you’ve been lucky enough to receive employer-subsidized health insurance throughout your career, retirement may be a bit of an eye-opener. Many retirees expect Medicare to cover all their health care expenses, but it doesn’t. You’ll pay a premium for comparable coverage, plus you may have to contribute to deductibles…

Read More

The State of the Sharing Economy
January 7, 2020

The financial hardships of the Great Recession forced many people to start thinking outside the box. The “sharing economy” gained popularity in the late 2000s because it provided more affordable means to travel, maintain homes and access piecemeal work for small businesses. This was the beginning of Airbnb, Uber and…

Read More

The Age of Experience: Always Improving
December 23, 2019

It’s not just fine wines that get better with age. We also are always improving — growing more confident over time, having met challenges and overcome them. Our decision-making gets easier. We develop coping mechanisms to handle stress. And we grow wiser. Our knowledge and experience accumulate as a strong…

Read More

Savings Strategies for Travel, at Home or Abroad
December 16, 2019

Here’s an idea for restless young adults and adventurous retirees alike: Get paid to live in Italy. The region of Molise, east of Rome, has more than 100 underpopulated villages that are fading away due to migration to larger cities. These communities — some are walled, medieval towns set among…

Read More

Companies Get Creative With Health Care Offerings
December 10, 2019

The Health Insurance Marketplace open enrollment season has begun (Nov. 1 through Dec. 15) for people who do not have access to health insurance plans at work. For the 2020 plan year, 20 more insurers have entered the federal exchange market and the average premium dropped by 4% from last…

Read More

Credit Cards: News, Trends and Tips
December 2, 2019

Sometimes it feels as though we don’t learn from our past financial mistakes. Back in 2008, as a contributor to the recession, consumer debt reached a record high of $12.68 trillion. As of the end of the second quarter in 2019, Americans surpassed that number by $1.2 trillion; we now…

Read More

Generational Differences in Handling Money
November 21, 2019

The baby boom generation is the demographic engine that has driven U.S. economic growth over the past 50 years. But now, as boomers work less, spend less, retire and draw on retirement funds, that baton is being handed over to Generation X and millennials. The economy is fueled by consumer…

Read More

Health Care a Hot Topic for 2020
November 18, 2019

One issue sure to ignite the 2020 election year is the future of health care in America. As Congress resumes its session this fall, legislators on both sides of the aisle are anxious to pass health-care-related bills to gain positive campaign traction. Popular proposals include legislation to lower prescription drug…

Read More

Where Does the Time Go?
November 11, 2019

Americans are so busy that they often have a hard time balancing demands for work and their personal lives. In fact, participants in a recent survey reported having only an average of 26 minutes of free time each week.1 Where does the time go? The Bureau of Labor Statistics reports…

Read More

949-858-7200 | info@cotoinsurance.com