We have some amazing mentors in the Millionaire Money Mentors forums. Some of them are even accomplished authors! Over the next couple weeks I'll be sharing excerpts from some of these authors' works. Today we have an excerpt from F.I.R.E. for Dummies -- a book that I loved reading and is now my go-to for introducing people to F.I.R.E. It's written by one of … [Read more...]
Thoughts from a Long-Term Care Insurance Expert, Part 3
Today we conclude our conversation with Scott A. Olson, co-owner of The LTC Shop. In case you missed them, here's part 1 and part 2 of the series. Scott and I had a chat via email and I'm posting those conversations. My questions are in bold italic and preceded by "ESI:" while his responses begin with "Scott:". At the end of each topic I add an "ESI's Thoughts" … [Read more...]
Thoughts from a Long-Term Care Insurance Expert, Part 2
Today we continue our conversation with Scott A. Olson, co-owner of The LTC Shop. In case you missed part 1 of the series, you can find it here. Scott and I had a chat via email and I'm posting those conversations. My questions are in bold italic and preceded by "ESI:" while his responses begin with "Scott:". At the end of each topic I add an "ESI's Thoughts" … [Read more...]
How to Protect Your Career Earnings with an Employment Contract
I've talked several times about how your career is your most important financial asset. Given this, you want to treat your career like other major assets. You want to grow it, of course. But just as important is protecting it. That's why I wrote Career Insurance: Protecting Your Most Valuable Asset. One of the best ways to protect your career, but also one of the … [Read more...]
Thoughts from a Long-Term Care Insurance Expert, Part 1
After I wrote Long-Term Care Insurance Overview and Who Needs Long-Term Care Insurance? I received the following email from a reader: I was privileged to participate in your “Millionaires” services a couple of years ago and continue to be a follower of your blog. Recently I read your two posts on LTC, both of which laid out some great information. I went down this path a … [Read more...]
Who Needs Long-Term Care Insurance?
Last time I gave an overview of long-term care (LTC) insurance. That post covered basics like what is LTC insurance, how likely is it that you'll need it, and what are the costs on both sides (cost of care and cost of the insurance). This time we're going to focus on who might need LTC insurance, the issues to consider, my thoughts, and what we're doing. Let's get … [Read more...]
Long-Term Care Insurance Overview
Every now and then someone asks me to write a post about long-term care (LTC) insurance. In addition, the topic comes up now and then in a post I write. I have been reluctant to get into it because many readers find insurance to be one of the least-interesting personal finance topics (I can tell in my site's numbers every time I write about it). That said, it's an … [Read more...]
How to Get Free or Low-Cost Health Insurance in Retirement Even if You Have a High Net Worth
With open enrollment right around the corner, I've been thinking quite a bit about health insurance. And since I get a TON of questions on the issue, I know many of you are thinking of it too. That's why I've already posted ideas on how to save money on medical costs. It's also the reason for this post, which discusses how people can get low-cost or even free health … [Read more...]
Medi-Share Review
Welcome to this special Saturday publication of ESI Money. I know that many Americans are considering their healthcare choices at this time of year, so I wanted to get this out to you as soon as possible. As I noted in an earlier post, I want to offer financial solutions that I believe could benefit my readers. This is one of them. I know finding affordable health … [Read more...]
How to Maximize Your Auto Insurance Settlement
It's been over a year since my wife had her car accident. The process is finally over and we've learned some things along the way. So I thought I'd share some takeaways with you. I'm also hopeful that readers in the legal and insurance professions might chime in with their thoughts, suggestions, and so forth. Car Insurance Dealings To catch everyone up on the situation, … [Read more...]
