Are they worthwhile alternatives to traditional LTC policies? The price of long-term care insurance has really gone up. If you are a baby boomer and you have kept your eye on it for a few years, chances are you have noticed this. Last year, the American Association for Long-Term Care Insurance (AALTCI) noted that a 60-year-old couple would pay an average of $3,490 a year in premiums for a standalone LTC policy.
[+] Full Article Retirement Planning Weak Spots - 06/01/18
They are all too common.
Many households think they are planning carefully for retirement. In many cases, they are not. Weak spots in their retirement planning and saving may go unnoticed.
[+] Full Article
The Case for Diversification and Asset Allocation
March 6, 2014
Market action is difficult to predict, and the unexpected can happen at any time. That is why we believe asset allocation is key for investors to stay focused on their long-term goals. Staying invested, avoiding short-term market timing and ensuring appropriate diversification are just a few of the critical aspects of an effective asset allocation strategy.
As the years pass, we know that investments that are the best performers one year might not have the same stellar performance the next year, and vice versa. Diversifying your portfolio to weather the ups and downs helps to protect your investments and your future. This graphic shows performance of investment types since 1999. We can trace not only the ups and downs of particular investment types, but also that what defines “best performance” varies greatly depending on the overall economy.
Contact GCSB Investment Center today for more information about the value of asset allocation.