Jester Insights

Ken Fisher is wrong about Annuities – federal regulations are the reason

Most regular viewers of financial news on cable TV will recognize the name Ken Fisher of Fisher Investments and his lack of love for annuities. In fact he hates them and is telling everyone who will listen to him as much. You can see his commercial here, where he even says he would die and […]

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In Retirement Health Coverage through Medicare is mandatory.

In Retirement Health Coverage through Medicare is mandatory. With changes to Social Security’s Program Operations Manual system (POMS) in order for someone who retires, is 65 years-old or older and would like to receive their Social Security benefit health coverage through Medicare is mandatory. In 2005, a challenge was brought forth to the Department of […]

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4 conversations that must take place with your financial advisor

4 conversations that must take place with your financial advisor! In retirement income is the key. Without it the ability to maintain your life-style as well as fund the basic necessities is next to impossible. Unfortunately, though, the rules have changed and not all income is the same in retirement. When it comes to health […]

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Income in retirement is not what you think when your health is on the line

Income in retirement is essential. The problem, thanks to federal regulations, is the fact that having too much of it will lead to surcharges (taxes) on top of your Medicare premiums. These surcharges are based on Medicare’s Income Related Monthly Adjustment Amount (IRMAA). What types of Income will Medicare look at?   Income is defined, […]

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US News – 6 Ways to Protect Your Pocketbook From Sky-High Medical Bills

Dan McGrath, the co-founder of Jester Financial Technologies, a small health care data company in Beverly, Massachusetts, remembers being in the dentist office with his retired mother and realizing he’d made a grave mistake. He’d let his mother navigate her own Medicare coverage and that resulted in a $12,000 bill for getting a few teeth […]

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Looking at Reverse Mortgages? You may want to

Planning for retirement is on the hearts and minds of almost every single Baby Boomer, roughly 76 million Americans. Survey after survey happens to lead to the fact that planning for health care as well as planning for Long-Term Care (LTC) is a major concern. The reason for this is that many of these Baby […]

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CNBC – Believe it or not, buying an annuity can be a good decision

If you do an Internet search on the subject of purchasing an annuity, you will find that there are a mind-boggling number of articles on whether or not this is a wise decision. Of course, the debate is complicated, and both sides make valid points. Those who favor annuities usually cite the guaranteed income they […]

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CNBC Feature – Medical costs take big bite out of Social Security benefits

Social Security planning is a major focus for financial advisors and their clients — and with good cause. If you look at the data and statistics from Social Security, the reason is clear: Among elderly Social Security beneficiaries, 53 percent of married couples and 74 percent of unmarried people receive half or more of their […]

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