For a Less Expensive, More Homelike Atmosphere in Senior Housing, Consider an Adult Foster Home

The housing choices for aging seniors have traditionally fallen into one of two categories: either living at home (including with a family member) or living in some sort of retirement home. Increasingly, however, seniors and their families are turning to a third “in-between” option. They’re choosing what many refer to as adult foster homes. A…

Unexpected Financial Emergencies Can Play Havoc in Retirement. Do You Have a Coping Strategy in Place?

As professionals who help people from all walks of life plan for retirement, Rajiv Nagaich and his team at AgingOptions deal with common questions almost all the time. One of the most frequently-voiced worries from retirees and those facing retirement involves financial emergencies and how to handle them, especially when living on a fixed income.…

If Working Past Retirement Age is Part of Your Financial Strategy, You May Have to Think Again

Many of those who are boomers and older remember when our parents retired. The common pattern a generation or two ago was that dad (typically the chief breadwinner) hit the magical age of 65 and retired on a company pension. Things have certainly changed. Not only are far fewer workers retiring with a pension, but…

Getting Them the Care They Need: How to Help an Aging Loved One Navigate the Maze of Health Care

The woman sat with her aging mother-in-law across the desk from the oncologist. In front of the two women were 13 prescription bottles lined up in a row. Through tears of frustration the younger woman leaned forward, waved at the row of brown bottles with white prescription labels, and pointed her finger at the oncologist.…

Family Suspicions Confirmed: New Federal Data-Gathering Reveals Chronic Understaffing at Nursing Homes Nationwide

An eye-opening article just published on the website of Kaiser Health News reveals a troubling fact which most U.S. nursing homes would rather hide: the staffing levels at more than 14,000 facilities nationwide turn out to be far lower than the levels these nursing homes had previously reported to the federal government. The result, says…

Syndicated Columnist Chuck Jaffe Advises Readers to Have “The Financial Talk” Now to Avoid Pain Later

If something were to happen to your spouse, would you know how to find all the important information about your financial accounts? Would all your beneficiary designations be up to date? Do you even agree on who your beneficiaries should be? If your answer is no, you’re not alone. The sad reality is that many…

Despite Our Age of Connectedness, Millions of Seniors Face “An Epidemic of Loneliness,” Say the Experts

A pair of articles we’ve recently read tell an important story, one that should change the way we think about aging. In spite of an era in which we can connect with each other instantaneously, millions of seniors are living out their lives in isolation from regular human contact. The result, says one of the…

Can Retiring be “Dangerous”? Yes – if You Haven’t Prepared for the Changes Retirement Will Bring

Whenever you hear people discussing their retirement hopes and dreams, what’s the number one thing they seem to talk about? In our experience the answer is usually money. “I’ll retire when I can afford to,” they’ll say – or “I think my financial plan will allow me to retire next year.” This kind of one-dimensional,…