CMP Financial Planning

Retirement Healthcare & Eldercare

Healthy Retirement!

- Sep 03, 2020

A key aspect of preparing for a healthy retirement is paying attention to our well-being during pre-retirement years! As we raise a family, build our careers, take care of parents, etc., we all are stretched for time. But to be able to enjoy our golden years requires that we make time to develop and practice healthy…

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CARES Act Provision Summary

- Apr 24, 2020

The 2 trillion-dollar CARES Act was recently signed into law. This is CMP’s summary of how you or your business might be impacted. Although most families with disabilities will receive a recovery payment of ($1,200 per single or $2,400 per married couple), any adult who is claimed as a dependent, including many individuals with disabilities, will not…

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Making Long Term Care a Part of Your Financial Plan

- Oct 29, 2019

In last month’s Disability Insight article I discussed why my wife and I decided to buy long-term care insurance. For most Americans, long term care is the single biggest risk factor in their financial plan; however, since the annual cost of this insurance can run in the two to three thousand per person range this…

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Why My Wife and I Decided to Buy Long Term Care Insurance

- May 18, 2019

By Barry Jamieson I found out that my wife and I were approved for long-term care insurance coverage – hurrah!   We sailed past arduous medical interviews and a memory test and apparently passed with flying colors!  We have thus officially prepared for embarking on our–hopefully– long and happy journey through our golden years.  Why would I be so…

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Managing Healthcare Costs in Retirement

- Jun 10, 2015

Managing Healthcare Costs in Retirement For those who are thinking about retirement, it is important to consider the impact that future health care costs will have on your budget. Although Medicare, the federal health insurance program for the elderly and disabled, will pick up most retirees’ medical costs once they turn age 65, the out-of-pocket…

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Caring for Our Parents

- Feb 23, 2012

Caring for Our Parents By Alissa Henry More than 42 million Americans provide family caregiving for an adult who needs help with daily activities. An additional 61.6 million provide at least some care during the year. Are you prepared to take care of your parents? Lori Wengerd, owner of Home Care Assistance Columbus, says that…

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