If any of us needed any more evidence that the long-term care (LTC) insurance industry is in upheaval, this surprising article from the Forbes website provides it. Forbes magazine reports that insurance giant John Hancock is leaving the LTC insurance business effective in December 2016. Policies presently in force, estimated at 1.2 million, will remain…
If you’re caring for a loved one with Alzheimer’s disease, you have one of the hardest and most stressful tasks in the world. More than 5 million Americans suffer with the effects of Alzheimer’s disease, and in most cases the family suffers right along with them. Because November is National Alzheimer’s Disease Awareness Month, we…
As certain as the changing of the seasons, whenever they smell opportunity the “scam artists” come out of hiding to prey upon their innocent victims. Sadly, seniors tend to be relatively easy targets, and Medicare open enrollment period provides, as the military people say, a “target-rich environment.” Our advice to you, echoed in this recent…
Aging in place – staying in your own home – may be all the rage, but all too many retirees face a different challenge: aging alone. (We wrote about this phenomenon in this AgingOptions blog post just a few weeks ago.) There are many reasons why this happens, including seniors who are divorced or widowed…
Your loved ones may know how you want to live, but do they have a clue how you want to die someday? You may have a clear understand of how you wish to end your life when that time comes, but according to this recent article on the website HealthDay, more than one-quarter of American…
Many of you know that we, at AgingOptions, encourage you to create a retirement LifePlan that includes health, housing, finances, legal, and family. Good health is an imperative part of having a happy, fulfilling retirement. Although it may be a surprising suggestion, we strongly encourage our clients to search for a “board certified” geriatrician (after…
Not a week goes by when there’s not a new article – or several articles – reminding us of the benefits of reverse mortgages. In case you need more reasons to consider this powerful financial tool, here’s an excellent new article from Next Avenue (www.nextavenue.org) that we think does a good job of outlining some…
More than 300,000 Americans 65 and older are hospitalized each year for hip fractures. It’s a statistic many of us take for granted. However, because this type of injury is so common among seniors, we might be surprised to learn just how life-changing a hip fracture can be. Tragically, seniors and their families often fail…
If you’re approaching retirement, you’ve no doubt started considering a host of choices, from medical plans to recreational opportunities to Social Security. But one of the biggest choices retirees have to make is often the hardest – and that is whether or not to move. Here at AgingOptions, in our seminars and on our radio…
Do you have financial fears as you face retirement? If so, you’re not alone. We just ran across this recent article on the US News website, and while it may have a Halloween theme (with the title “3 Things That Spook Retirees”) it’s no joke. It turns out, based on a recent survey conducted by…
We send out email newsletters and announcements monthly about planning for Health, Housing, Finance, and Legal needs for retirement. Would you like to sign up?