4 Common Questions about Investment that Seniors Have

4 Common Questions about Investment that Seniors Have

Investment after retirementis growing commoner these days, but you need to be cautious before putting yourmoney into any type of asset. Even if you have a contingency fund in place, youwill not like to invest in the wrong assets at an inopportune time and watchyour money go down the drain. Here are 4 common questions that seniors need tohave about investment in the post-retirement stage.

When is a good time to make stock investments?

If you find the financial market is going through a bad patch, you might feel that the time is improper from the investment perspective. Alternately, you might feel that investing is right when the market is witnessing a revival. Neither time is bad or good if you intend to make an investment over a long period.

What should be my own investment time frame?

As a thumb rule, if you make an investment over an extended time period, you can take greater risk in your investment portfolio. This is because you have more chances of recovering from any mix-up. For people who are still a long way from their retirement, it can be a good idea to put money into anything not liquid – such as an investment property. But if you are putting your retirement funds into the investment, you have to consider whether the investment bodes well from the point of view of planning.

Why and when should you sell the investment?

If you have a clear idea about why you are investing your resources into an asset, you should also have a proper idea about when you should sell it. If you have bought a stock with the expectation of growing your income by 20% annually, you need to expect selling the stock in case you do not see your income growing as per your own expectations. In case you bought a stock as you got a dividend yield, you need to sell the stock in case there is a drop in the profit yield.

Who Am I Investing With?

It is very difficult to judge the capability and character of any individual by going through the profile description in the annual report of an investment company. But you need to be sure who you trust your hard earned money with actually. Know about the past record of the investment agent. Also find out about the turnover, dividend yield and track record of the investment agent.

3 Foods that Negatively Impact Your Brain Health

3 Foods that Negatively Impact Your Brain Health

Fish Containing Excessive Amount of Mercury

You must have probably heard that fish with high amount of mercury need to be avoided during pregnancy period, however do you know that this type of fish might also affect the functioning of your brain? The truth is, fish with high mercury content is at the top of the list among foods which can harm your brain health since mercury is considered to be a neurotoxin & might negatively affect your cerebellum. Cerebellum plays a key role in maintaining proper balance, vision and coordination in humans.

If you’re one of those people who enjoy tuna, try to eat it in moderate amounts. If possible, try not to eat it more than once per week or in small size dishes such as sushi rolls. In addition, you’re better off avoiding fish like swordfish, king mackerel & shark.

Artificial Sweeteners

Although you cannot technically call them food, you could find them in most processed foodstuffs. Experts during a research in Israel revealed that consumption of artificial sweeteners is likely to increase your risk for developing type 2 diabetes since they modify the bacteria present in your gut. Studies also suggest that type-2 diabetes could further the odds of developing Alzheimer’s up to 4 times.

Foods with excessive trans fats

Trans fat occurs in its natural form in dairy products and red meat. Although it is important that you limit your high fat dairy and meat intake, it’s also equally critical to watch out intake of processed foodstuffs containing trans fats. The primary reason for this is because naturally occuring trans fat is likely to behave differently in the human body than that which gets added artificially in the food items.

Artificially added trans fat might result in cellular destruction, negatively impact your memory as well as increase the inflammation in your brain cells. Trans fats are most common in pre-packaged cookies & cakes, snacks, margarine, etc. Rather, you must aim to increase the proportion of healthy fats which can be found in nuts, avocado, olive oil, and seeds. This can help preserve healthy brain cells in seniors.

The things which you eat on a day to day basis might hugely impact your brain health. Foods that are high in artificial sugar, trans fats, and mercury might lead to weak memory, learning ability & cognitive health among seniors.

Medigap Plans:

Are you looking for a supplemental coverage that may help you cover Medicare out of pocket costs? Do check out Medicare supplement plans that cover co-insurance, co-pays, and deductibles not included under Original Medicare.

Know Your Options for Health Insurance

Know Your Options for Health Insurance

A US health insurance company, Aetna, was started in 1853 and offers Aetna Medicare. The company is listed as one of the Fortune 100 in the category of medical care services. Aetna offers a huge list of health insurance products / services for the consumer, as well as conventional health insurance such as behavioral health, dental, pharmacy, medical, group, long-term, Medigap, disability and medical care with the advantage plan of Aetna. The company is a health insurance company in Hartford, Connecticut. The company has two other offices in Blue Bell, Pennsylvania, and Middletown, Connecticut.

Aetna health insurance providesinsurance policies that are affordable and safe for Medicare health insurance,such as A, B or F, created exclusively for your basic Medicare healthprotection. They also provide Medicare Part D insurance. The 2019 Medicare advantage plans policies include out-of-pocket rates like the Part A and Part Bdeductibles, and also the charges that offer you the privilege and the freedomto contact a competent doctor who offers Medicare already. The individualhimself and not the others will make the decision of which doctor to visit.

Aetna offers a wide range of Medicare insurance policies with extensive insurance. For example: the complementary insurance policy Aetna Medicare (Policy M), the Aetna Golden Medicare (HMO) policy, the Aetna Medicare Rx policy, the basic Aetna Medigap policy and the Aetna Golden Choice (PPO) policy.

Aetna Health Insurance also provides a vast range of health insurance products with a huge insurance protection that fits both your budget and your needs. Services / products include medical assistance, behavioral health, employee benefits, long-term care, dental policies, disability, etc.

The selection of a Medicare policy can take a while. Bear in mind that Aetna, together with the medical, hospital, and prescription drug insurance, has many additional benefits such as hearing, wellness, vision and wellness in many Aetna Medicare Advantage policies, vision, counseling, fitness, weight management, as well as products. and natural services.

Aetna is an adjoining branch of the American Aetna Insurance Company, which published its first life insurance policy in 1850. Aetna offers Medicare policies such as A, B, C (across Texas) and Medicare Policy F in 12 states of the federation. Aetna also offers additional Medicare policies in some states and Policy D (prescription drug insurance) throughout all 50 states. Aetna Medicare policies designed for seniors include Medicare Advantage policies, Medicare advantage planal insurance, and Medicare Part D.

Aetna Health Insurance Company guarantees the well-being and general health of people who provide reliable information and resources to support her 10 million members (in pharmacy), 15 million members (for doctors), 12.8 million members (for group insurance protection) and 12.6 million members (for dental).

While making a choice of Medicare policy, understand that Aetna Medicare offers a complete array of policies. In continuation of her tradition of 153-year, Aetna Health Insurance has proven to be a leader in the industry of health care by solidifying a robust healthcare system through the cooperative network of medical centers, doctors, employers and patients.

What are the Best Types of Trips Seniors can go on?

What are the Best Types of Trips Seniors can go on?

There is no one-size-fits-all travel suitable for everybody. As you age, your capacity to travel, interests and preferences tend to change. During younger years, the regular trips attract more. However, with advancing age, seniors like to travel in new ways to suit their physical abilities and choices. Here are some of the best types of travel suggestions for seniors.

Cruise Trips

It is relaxing and nice, and can suit most kinds of seniors. You can spend a few weeks or at least a few days on a river or an ocean cruise. With river cruises, you can get the chance to see all those small towns located along the banks of rivers and also enjoy a fantastic view from your boat. You should look for cruises that offer senior-only onboard activities, senior discounts etc. Buy travel insurance to get coverage for unforeseen injuries or illnesses.

Small Group Trips

Medicare Supplement Plans 2019

It might be overwhelming for you to travel with a large group of travelers, as you have to travel faster. When you travel with a smaller group, generally consisting of anywhere between 12 and 24 members, there is better individualized attention. You can get more vivid descriptions of each landmark from your tour guides. You can travel with more freedom and flexibility and be assured of a more authentic and personal experience.

Educational / Academic Tours

There are various companies that offer many academic tours to people from every section of life, which includes seniors and baby boomers. Such trips stand out from standard tours a lot, as these mainly concentrate on spreading knowledge and information. Many of these tours have scholars in the group, explaining everything to travelers.

Train Tours

With train trips, you can get the convenience of sleeping and eating on your train and stopping at different stations for short-term sightseeing excursions. You can enjoy historic spots on your routes. In some types of trains, such as Amtrak trains, you can get private compartments consisting of private shower stalls. Train tours on routes, such as on the Venice Simplon-Orient-Express route, can let you see beautiful mountains and valleys.

Volunteer Tours

After retirement, if you feel that you have not given back to your community enough or have not seen much of the world, you might like to combine volunteering and traveling. You can use these tours to pass on much of your knowledge and skills to the younger generation and get a sense of respect and fulfillment.

Medicare Medigap & Advantage plan policies

Medicare 2019 Medigap & Advantage plan policies

Just as the name implies, the Medigap Medicare advantage planal insurance is advantage planal insurance for Medicare insurance. Medicare is a health insurance policy covered by the US government for people over 65 years and for people with conditions that qualify (amyotrophic lateral sclerosis and renal failure). The insurance protects against a variety of health care expenses, but leaves some gaps that the advantage planal Medigap Medicare insurance is formulated to insure.

The gaps in Medicare insurance stem from the fact that Medicare does not insure all medical services. Health expenses that Medicare does not pay include most hearing aids, dental care, most eyes, including eyeglasses, alternative surgery, cosmetic surgery, and experimental procedures and treatments.

Medigap insurance also helps insure the part of medical expenses that Medicare does not pay. These are deductibles, co insurance and reimbursements due to the fact that Medicare generally does not pay all insured medical costs and beneficiaries must pay the rest of the account. Normally, you can only expect Medicare to pay about 80 percent of your medical and hospital expenses.

Medigap advantage planal insurance is offered by private insurance firms that have the authority to sell these CMS policies (Centers for Medicare and Medicaid), a branch of the United States Department of Health and Human Services. CMS is responsible for the administration of Medicare. They also ensure that private insurance companies comply with their obligations under federal and state laws.

These private insurance companies can sell 10 advantage planal Medigap Medicare insurance policies. These policies are labeled with the letters A through N. The standardization of the policies is performed by CMS. Basically, all policies offer the same minimum benefits. Policy A offers the least amount of benefits and most benefits are offered by policy N. Standardization is done to ensure that different private insurance companies offer the same benefits in each policy. The cost (premiums) of the policies they offer is the only difference between the different insurance firms.

Private insurance companies that sell Medigap Medicare advantage planal insurance policies do not need to provide all the 10 policies. However, they are required to offer a minimum of Policy A. They are also required to offer Policy C or F, together with Policy A, that is, if they choose to offer more than one Medigap policy at the same time.

The Medigap open enrollment period is the best time to enroll in the Medigap Medicare advantage planal insurance policy program. The reason is because the federal law that is binding on private insurance companies requires them to sell to you any policy you want, even if you have a pre-existing medical condition. However, the requirement is that you must be registered for Medicare Part A and Part B policy.

When you buy a Medicare Medigap advantageplanal insurance policy, do not consider that the cost of Medigap will not bethe same for all companies. Therefore, it is good to look around because eachpolicy has identical insurance features regardless of which insurance companysells them to you.

Medicare Humana advantage plan and Medicare medical savings account (MSA)? Pt 1

Medicare Humana advantage plan Medicare medical savings account (MSA)? Pt 1

You cannot purchase a Medicare Humana advantage plan Plan (Medigap) if you have a Medicare Medical Savings Account, MSA. But, if you enrolled for Medicare Humana advantage planal plan before you enrolled in your Medicare MSA, you can keep your Medicare Humana advantage plan plan. If so, you will still have to pay your monthly premium for your Medicare Humana advantage plan plan.

However, keep in mind that you cannotuse the Medicare Humana advantage planal Policy to pay for medical costs up tothe annual Medicare MSA deductible. While each 2019 Humana advantage plan can save you money you must get a quote at www.medicareadvantage2019.org/humana-medicare-advantage-plans-2019 to to enroll.   Medicareand Medicare MSA plan offers benefits to pay for covered services that are notpaid for by Medicare Part A and B, they are not designed to work together.

How does Medicare MSA work?

Should you be signed in to a Medicare Medical Savings Account, chances are you know that it is a special Medicare Advantage policy. Medicare Advantage plans offer you an alternative way to get Medicare Part A and B benefits. Similar to other types of Medicare Advantage policies, Medicare MSAs are provided by private insurance firms approved by Medicare and must provide at least the same benefits as Medicare Part B (Medical insurance) and Part A (health insurance), with the exception of hospice care provided under Medicare Part A.

Medicare MSA, unlike other types of Medicare Advantage plans, consists of two parts:

  • A savings account
  • A high deductible health insurance.

It is you responsibility to manage the savings account portion of a Medicare MSA plan. The account, however, is being funded with Medicare money. The Medicare MSA plan places the money you receive from Medicare at the beginning of each year in a savings account with a specific bank. The amount may vary. You are responsible for paying all of the Medicare-covered part of your health care costs till you meet the plan’s deductible.

You can perform tax-exempt debits to pay qualified medical expenses as defined by the Internal Revenue Service (IRS).The  qualified medical costs may include your expenses for services covered by Medicare Part A and B, as well as some other health care expenses. The amounts in your savings account can be tax free, and each balance in the savings account is transferred from one year to the next. You cannot deposit your own money in a Medicare MSA savings account.

You do not pay a monthly premium for your Medicare MSA. You continue to pay your Medicare Part B premium.

As a general rule, Medicare MSA plans:

Before reaching the deductible amounts for Part A and B, cover Medicare costs for Part A and B.

Have a high deductible. The plan deduction is a certain fixed amount of dollars per year. The plan deductible may be higher than the amount your plan deposits in your savings account. For this situation, you may have to pay the cost of Medicare till you reach the deductible amount of the MSA plan.

Pay 100% of the cost of Medicare covered benefits when you interrupt the MSA plan. Withdrawals from savings accounts used to pay for benefits covered by the plan are added to the deductible.