“Move by choice rather than by crisis.” It used to be that the choice of where you wanted to age was pretty simple. You could choose to remain at home, move in with a family member or go to a nursing home. Aging, if it ever was simple, isn’t any more.
Almost 30 percent of Americans provide care for someone who is ill, disabled or aged according to the Family Caregiver Alliance.
We talk a lot about saving for retirement on this site but what we don’t talk about a lot are some of the mistakes people make in saving for retirement.
In 2006, a Pennsylvania man, Dustin Sams, suffered a brain injury while riding when his motorcycle was struck by a car.
Medicaid allows you to have $2000 in assets. Those assets include savings, checking and cash on hand but many people forget about life insurance policies when they are calculating their assets. Depending upon the type of policy involved, it too can count as an asset.
October is coming and there’s going to be a lot of push from states and the Obama administration to get uninsured Americans to enroll in health coverage but if you are eligible for Medicare, stick your fingers in your ears and hum loudly because the ads aren’t for you. Officials are concerned about the number…
Who will take care of you if you need care as you age? If you are like most Americans, you expect your family to step up and provide care. (Sixty-eight percent of Americans believe that they will be able to rely on their families to meet their long term care needs.)
Baby Boomers are more likely to have taken on debt and experienced financial insecurity than their parent’s generation. One major source of that debt lies in part due to the ease in obtaining loans for significantly more expensive houses and in making smaller down payments than previous generations. As of December 2011, 16 percent…
It is true at any stage of life, but particularly true in the later stages of life – mobility is decreased by excess weight. The issues can become so serious that if the weight is not dropped it can be the tipping point between aging at home or institutional care. The good news is…
Four years ago, Liz, a retired Federal Way school worker was widowed and struggling financially with balancing the upkeep on her home with her desire to do some of the traveling she and her husband had always planned once they both retired. She also felt like the large home she loved was simply too large…
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