For a long time, it was highly recommended by a large number of financial professionals and retirement specialists that you use long term care insurance to help prepare for the latter portion of your retirement. Things have changed … [Read more...]
Big Win for Seniors Receiving Stimulus Checks
A recent statement from the IRS spells out a big win for senior citizens that are slated to or have already received stimulus checks during the current pandemic. The federal bureau that oversees taxation and the recent stimulus checks … [Read more...]
How Financial Abuse Makes Things Worse
Financial abuse is a serious crime. During times of crisis like what we are experiencing right now with the coronavirus, the negative effects are magnified much more severely. What would normally be a catastrophic event for an elderly … [Read more...]
Funding for Senior Care
You may have noticed that I’ve spent a lot of time over the last few weeks talking about reforms and legal changes that have occurred that are helping to improve the state of senior care. New Hampshire is mandating dementia training for … [Read more...]
Navigating the Insurance Maze
Insurance can be a headache to navigate, even for those that have worked in the healthcare industry for years. For those that don’t have much experience with insurance, other than renewing it once in a while and using it to pay for doctor … [Read more...]
How Does Life Insurance Fit in with Senior Care?
One popular method of paying for senior care that is being discussed with more frequency than usual on the web these days is using a life insurance policy to help offset costs. This does not work with all types of insurance, but with whole … [Read more...]
Single-Payer Health Care and Seniors
One of the hot button issues this coming Presidential election is the topic of single-payer health care. This has been a widely discussed topic for years, but it seems that it has grown in popularity over the last several years, and … [Read more...]
Long Term Care and Your Finances
Financial concerns are one of the biggest worries--if not the biggest worry--that people have regarding aging. Preparing your finances ahead of your senior years is an important step when it comes to getting older, but it’s one of those … [Read more...]
Where to Go for Long Term Care
A lot of families are spread out over the country. Your parents might live in one state, you’re located somewhere else, and your children are on the other side of the country. If this is the case, then arranging senior care for your elderly … [Read more...]
Seniors and Bankruptcy
Between 1991 and 2019, the number of seniors that declare bankruptcy has risen from 2 percent to 12 percent. This is an incredible rise in numbers, and it unfortunately is a reflection of the reality of rising health and care costs. Of … [Read more...]
The Issue With Long Term Care Insurance
All across the United States, people who are looking for long term care insurance are finding something disturbing: the cost of purchasing a long term care policy are going up quickly. Thirty years ago, these products were quite … [Read more...]
Care and Paying for Care are Different
Finding the right care for an elderly loved one, and then paying for that care are two totally different things. One of the big questions that senior care experts like to ask people when they are early on in their search addresses this … [Read more...]
