Author Archive
Onerous New State Tax Rules
By Anna K. Pfaehler, CFP®
February 1, 2010 in Sentinel
Oregon shed its fierce anti-tax reputation last month by doing something rarely seen — it voted for higher taxes. Facing a budget deficit of more than $700 million, Oregonians passed two proposals that tied them with Hawaii for the highest personal income tax rate in the nation and gave them the highest capital gains tax [...]
To read the complete article,click here.
February 1, 2010 in Sentinel
Oregon shed its fierce anti-tax reputation last month by doing something rarely seen — it voted for higher taxes. Facing a budget deficit of more than $700 million, Oregonians passed two proposals that tied them with Hawaii for the highest personal income tax rate in the nation and gave them the highest capital gains tax [...]
To read the complete article,click here.
Tags: Tax Issues
Don’t Bet On Long-Term Care Insurance
By Anna K. Pfaehler, CFP®
June 15, 2009 in Sentinel
Long-term care insurance is unlikely to reach old age. Plagued by adverse selection, an aging population and escalating costs, the product is unsustainable and does not merit your investment. About 70 percent of people currently age 65 or older will require long-term care and more than 40 percent will need to be in nursing homes, according [...]
To read the complete article,click here.
June 15, 2009 in Sentinel
Long-term care insurance is unlikely to reach old age. Plagued by adverse selection, an aging population and escalating costs, the product is unsustainable and does not merit your investment. About 70 percent of people currently age 65 or older will require long-term care and more than 40 percent will need to be in nursing homes, according [...]
To read the complete article,click here.
Tags: Personal Financial Planning
Retiring On The Backs of Young Workers
By Anna K. Pfaehler, CFP®
January 1, 2008 in Sentinel
Generation Y just stepped into the work force, and we’re already thinking about retirement — not our own so much as that of the baby boomers. How can we support a growing multitude of retirees and ourselves at the same time? Under the current Social Security system, it is not possible. To most members of [...]
To read the complete article,click here.
January 1, 2008 in Sentinel
Generation Y just stepped into the work force, and we’re already thinking about retirement — not our own so much as that of the baby boomers. How can we support a growing multitude of retirees and ourselves at the same time? Under the current Social Security system, it is not possible. To most members of [...]
To read the complete article,click here.
Tags: Other, Tax Issues
New U.S. Long-Term Care Plan Misses The Mark
June 10, 2010 in Current Commentary
The recently passed health care reform bill reminds me of the cuisine at the Cheesecake Factory: It attempts to cover so many items (where else can you get Bang Bang Chicken and Shrimp with a side of Buffalo Blasts?) that nothing is quite right. Like many items at the Factory, the little-known Community Living Assistance Services [...]
To read the complete article,click here.
Tags: Adverse Selection, CLASS Benefits, Health Care Reform Bill, Long-Term Care Coverage, Medicaid, Opt-Out Provision, Premiums, Social Security, The Community Living Assistance Services and Supports Act