Michael Crichton is one of the bestselling authors and screenwriters of all time. His estate was worth many millions of dollars when he died at age 66, leaving behind a pregnant wife.
At first glance, the concept of an Individual Retirement Account (IRA) seems simple enough: a structured way to save for your golden years while deferring taxes on your growing nest egg.
Even with the knowledge that our life span is increasing, many of us will encounter chronic or debilitating illness in our final years.
What is your greatest fear? Projections estimate that over two-thirds of individuals who reach age 65 will need long-term care services during their lifetime, and for many this statistic brings about immense fright.