Financial abuse is one of the more common ways that senior citizens are taken advantage of. With that in mind, I’ve compiled a few tips to help prevent this type of abuse. It’s not an exhaustive list, but especially in today’s world, it’s … [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...]
Social Security is a Main Source of Payment for Care
Social Security is a lifeline for many elderly individuals. The extra income per month that is provided by the federal government is oftentimes the only income that some seniors have, and for many it is far more helpful than any remaining … [Read more...]
Checklist for Getting Care Set Up
Taking care of an older loved one can be an overwhelmingly large task. In fact, according to a survey taken at the beginning of 2016, roughly 34.2 million adults provided unpaid care for a loved one age 50 or older. Family caregivers … [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...]
The Future of Senior Care
The United States is not the only country that is getting older. A recent senior care survey spanned Germany, Italy, and the U.S. and found that although there are very different attitudes in each of these countries on how large of a role … [Read more...]
Statistics and Senior Care
It’s no secret that women are statistically more likely to have a longer life than men. The age difference was at five years a few years ago, but the gap has gotten a bit smaller over the last few years. According to the Social Security … [Read more...]