It’s an all too common scenario: a senior citizen is admitted to the hospital. The patient spends a few days getting tests and care, but when it’s time for discharge he or she is not well enough to go home, so the patient is sent to a rehabilitation facility. Imagine the shock for the patient…
Moving into a nursing home or assisted living facility is often an emotionally charged experience, for the resident and for the extended family. But sometimes finding the right facility, especially in the midst of all that emotion, makes the transition even more challenging. How can a loving child or spouse know whether he or she…
Several months ago we discovered this insightful article on the website US News. It answered a question we have heard frequently in our client meetings, on our call-in radio programs and at our seminars: “If I die with debts, will my heirs have to pay them off?” Because this question (and the worry behind it)…
We just discovered this very recent article on the website of Kaiser Health News, one that really captured our notice. The article is called “A Playbook for Managing Problems in the Last Chapter of Your Life,” and it calls attention to two themes we emphasize repeatedly in our seminars and on the radio – the…
Here at AgingOptions we always remind our readers and listeners that there’s much more to retirement than finances. However – we’re the first to admit that preserving one’s assets in retirement is extremely important. So how are you doing in planning for your financial future? Do you feel you have all your bases covered? Before…
Your mom is getting older and she’s really starting to lose weight. At first you think it’s merely the side effects of aging, but then you begin to wonder – could something else be going on? The answer could surprise you: Mom may be suffering from an eating disorder. In spite of the fact that…
Almost everyone who reads the AgingOptions blog or listens to our radio program knows something about Alzheimer’s disease, and many of us have had personal experience with a loved one suffering from it. Experts estimate that nearly five and a half million Americans have Alzheimer’s disease and that number is expected to rise dramatically in…
If someone you love has been diagnosed with early-stage Alzheimer’s disease, one of the best things he or she can do may be to get outside for a frequent brisk walk. This is according to this recent article in the New York Times, which we found encouraging. Hopefully it will encourage you as well. The…
$1.454 trillion. That’s the total of all taxes owed by American taxpayers to our friends at the IRS in 2016 (for the 2015 tax year). If you divide that hefty sum by the number of taxpayers, it averages out to a tax rate for the typical taxpayer of about 13.5 percent for each tax return.…
Everyone knows that a reverse mortgage can be a powerful financial planning tool for seniors when used under the appropriate circumstances – right? Well, apparently not. Even with all the publicity over the past few years about how much better today’s reverse mortgages are, and even with a growing chorus of once-skeptical financial planners singing…
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