Money is the number one thing that people worry about when it comes to the retirement years. Paying for senior care is one of the biggest stressors that seniors face as they get further into their retirement. More Americans are … [Read more...]
Dementia’s Impact on Financial Health
New research indicates that in the years leading up to an official dementia diagnosis, older individuals tend to lose a significant amount of money. There are a number of reasons why this could happen. Some have hypothesized … [Read more...]
Balancing Dementia and Finances
When someone has dementia, life gets a lot harder. That’s one of the hallmark traits of dementia; cognitive functioning begins to decline. Things that were once done without much thought or effort will eventually become impossible … [Read more...]
Looking at the Biggest Challenges Seniors Face
As people age, it is common for things to change. Some of these changes are welcomed, but not all of them. In fact, a lot of seniors deal with growing difficulties and challenges as they age. Here is a brief list of some of the common … [Read more...]
Common Pitfalls When Managing a Loved One’s Finances
If you are helping an older loved one to manage their finances it is inevitable that you will face some hurdles along the way. A lot of the hurdles that have recently popped up for family members that are helping an older loved one take … [Read more...]
The Biggest Challenges of Helping with a Loved One’s Finances
Sometimes, when someone grows older, it becomes necessary to step in and help them with their financial life. Paying bills, managing Social Security income, and making sure that investments and retirement accounts are well maintained can … [Read more...]
Financial Planning for Senior Care
Having a financial plan when it comes to senior care is a must. Everyone knows that care like this can be expensive--and the cost adds up even more over the course of time. But the repercussion that is often overlooked is the fact that much … [Read more...]