Money Minutes | General Electric Credit Union Blog | Financial Resources

Can You Loosen the Reins on Saving in Retirement?

May 27, 2021 | 3 minute read

Do you always have a lingering feeling you aren’t saving enough despite the fact you rarely buy anything for simple enjoyment? It’s worth taking a look at your budget if you’re a retiree who answered...

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3 Viable Ways to Pay for Long-Term Care

Apr 30, 2021 | 6 minute read

While you may not anticipate a need for long-term care one day, statistics suggest there’s a 52% chance you’ll need some type of long-term care services after the age of 65.1

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Help Make Your Later Years Healthy Years

Apr 28, 2021 | 8 minute read

Many people are striving for longevity, but it’s important to try and make those additional years healthy years. Aging well is dependent on several factors. Some, like your genes, can’t be changed....

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Steer Clear of Elder Financial Abuse

Apr 26, 2021 | 5 minute read

By 2060, it’s anticipated the percentage of the population age 65 and older will be double what it is today.1 Seniors already make up a large portion of the nation’s wealth, leading to concerns they...

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Checklist for What to Do When a Loved One Passes

Apr 16, 2021 | 5 minute read

When a loved one passes away, the following days can feel surreal. While you grapple with the emotions a loss brings, there are also legal and personal matters to tend to, such as closing a bank...

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The Ultimate Guide to Estate Planning

Mar 31, 2021 | 10 minute read

An estate plan maps out how you want your personal and financial affairs to be handled in case of incapacity or death, and how those strategies will be implemented to fulfill your wishes. There is no...

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A Quick Guide to Securing Social Security

Mar 30, 2021 | 7 minute read

Social Security is a large part of the retirement plan for almost every American worker, providing replacement income for qualified retirees and their families. If you have questions about this...

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Funding Your Future with Annuities: Where Do I Start?

Mar 26, 2021 | 7 minute read

Retirement is a time to relax and do what you please after years of hard work. It’s new-found freedom with increased leisure and family time. However, many aren’t sure how much they’ll be able to...

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A Retiree’s Guide to Donating During the Pandemic

Mar 11, 2021 | 6 minute read

It can make you feel helpless when a situation is not in your control. During the COVID-19 pandemic, this is especially true. To gain back a sense of control, many people have tapped into their...

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The Home Stretch: 7 Things to Do in the Decade Before You Retire

Mar 3, 2021 | 8 minute read

As you approach retirement age, it may feel like the finish line is in sight. But what do you see waiting for you once you get there? If your mind is pulling up a blank, know that it’s important to...

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