Whether provided at home or in a nursing home, long-term care is a major financial risk in our senior years. However, few people buy long-term care insurance. Of those who do, one-third with long-term care insurance at age 65 will…
It is nothing short of a national tragedy; that many elderly American’s, about 45 percent, are not making it financially to meet their most basic needs. Many of these older adults must routinely shuffle their available resources in an attempt…
Unlike in the past, we have vaccines. However, the rollout has been slower than expected. COVID 19 is raging throughout many states. So how do we continue to maintain strong mental health during the next several months after enduring so…
Dementia, and in particular, the prevalence of Alzheimer’s Disease in the American population, is creating difficult caregiving experiences for the family members who are primarily responsible for providing care. Even though you understand your loved one’s dementia behaviors are a…
Jack and Doris wanted to divide their property equally between their three children. The house should go to daughter Mary who loved it, and the rest of their estate should be apportioned equally between sons Bob and Francis. Jack and…
Many parents find talking to their children about their finances uncomfortable. Talking about how much money or property you have is usually viewed as taboo. Asking someone else about what they have is often considered impolite. But failing to talk…
Becoming a caregiver for a seriously ill spouse can trigger relationship challenges. In the process of change, you can lose your best friend, your love, and your future as you both had imagined it. Promises will change from words spoken…
America’s elderly are facing increasing incidents of mistreatment and abuse as social isolation during the pandemic creates more vulnerabilities, both at home and in a long-term care facility. Stay-at-home guidelines isolate seniors from the systems that can protect them like…
As the baby boomer generation ages and the influx of international migration continues, the senior citizen population of the United States is increasing rapidly. Although the US average life expectancy has seen a slight three-year decline, many Americans, men and…
With Biden set to take office soon, it is worth looking at the pledges and potential policies put forth by the incoming Biden Administration. With a Democratic president, the House with a Democratic majority, and a closely divided Senate we…