Category Archives: Weekly Round-Up

Rajiv Nagaich and his staff are continually monitoring the latest developments in the aging-oriented heath, housing, financial, legal and family sectors. Each week the most insightful and thought-provoking articles and news items from their research and reading are gathered here to keep you up to speed in this ever-changing socio-economic-political environment.

Weekly Round-up

From presidential candidates to the man on the street, healthcare costs are on everybody’s mind.  But other than knowing that the U.S. spends more money on healthcare services than any other country in the world or that the cost of medical spending is rising faster than inflation, no one seems to have a fix.  A…

Campaign ad features Medicaid’s middle class role

Under the 2010 health care law, Medicaid would expand to cover as many as 17 million more people starting in 2014.  Medicaid is often portrayed as a program for the poor but a recent Barack Obama ad changes the focus to the impact of Medicaid cuts to middle class families in covering nursing home care…

Weekly Round-Up 7/28/12

Problems with traditional approach to retirement was the topic in this this article on the New York Times. Do you really know how much you need to have saved up in order to retire? If you think your 401K will get you through, then think again.

Weekly Round-Up 7/7/12

Reverse mortgage report: There is an upside to a reverse mortgage, and then there is a down side. The upside it that it can be a godsend to those trying to tap their equity in retirement to make ends meet; the downside is that most people using the reverse mortgage are not doing so for the reasons why…

Weekly Round-Up for 7/7/12

Here is a great video worth watching called The Big Idea In 4 Minutes. It discusses the changing environment we face when considering our Life Plan. It is very much in line with what we promote as well. Take a look and let us know what you think: http://www.theagingamericaproject.com/index.php  

Weekly Round-Up for 6/30/12

Long Term Care Insurance.  Only 10 percent of the elderly have a private long-term care insurance plan, and because coverage under these plans is often limited, only 4 percent of long-term care expenditures are paid by private insurance, while fully one-third of expenditures are paid out-of-pocket.  Long-term care expenditures represent a significant financial risk for…

Weekly Round-Up for June 23, 2012

Financial exploitation of elders.  51% of fraud that is commited against seniors is at the hands of strangers; 34% by family, friends and neighbors.  But, you can protect yourself.  Aginging ini secrecy is not a good thing.  It is true that many seniors want to keep their affairs private.  But those who are close to…

Traditional financial planning advice about annuities that misses the mark!

Like so many others, this link takes you to an AARP article that touts the benefits of annuities as a way to smooth out future retirement income.  And once again, just like most traditional planning solution, it misses the mark. Annuities are a way to reduce your assets and increase your income.  Say you had…

What will not be around in the next several years?

Besides you or I, lots of things.  Knowing what will not be around could help you plan on making more wise buying decisions.  Life is evolving quickly.  Just like rotary phones and pony express are a romantic memory now – so will a lot of gadgets we use today.  The change is already afoot.  It…

Weekly Round-Up for June 9, 2012

HOUSING Moving in with the kids and grand kids? Baby Boomers, strapped for cash and looking at more belt-tightening, are turning to multi-generational housing. An interesting solution – can it work for you? http://seniorhousingnews.com/2012/06/07/npr-multigenerational-households-rising-as-baby-boom-money-squeeze-gets-tighter/ HEALTH Elderly people and their families have long wished to avoid nursing homes. Now the chronically ill and others who need medical care can…