There is ample research to suggest that family caregivers are more distressed by behavioral problems and changes in the personality of their loved ones than by their physical disabilities. For instance, while it may prove challenging for family members to…
Category: Long-Term Care
Financial elder abuse may be fastest growing type of crime in U.S.
Financial elder abuse has been described as the fastest growing type of crime in the U.S. To avoid having this happen with your senior loved one, it is important to be aware of the dangers. A study conducted by the…
How caregivers can deal with behavioral changes of loved ones with dementia
There is ample research to suggest that family caregivers are more distressed by behavioral problems and changes in the personality of their loved ones than by their physical disabilities. For instance, while it may prove challenging for family members to…
A retirement savings account can include health savings accounts
As companies divert the costs of health insurance to their employees, health savings accounts (HSAs) and health reimbursement accounts (HRAs) have become increasingly popular. According to the Employment Benefit Research Institute (EBRI), adults in the U.S. retained $23.8 billion among…
The new reverse mortgage rules: Are they right for your retirement plan?
The new reverse mortgage rules that became effective on Aug. 4, 2014 should allay any fears or concerns held by married couples who are contemplating taking out such loans. Reverse mortgages, which are also called Home Equity Conversion Mortgages (HECM),…
Options for Paying for Assisted Living
Many older Americans who need help with activities of daily living, such as hygiene and medication, have trouble affording the assisted living services they need. Fortunately, there are a variety of alternative funding options available. Many of these options leverage…
Protecting your digital assets
Digital assets represent an aspect of your estate that needs protection as much as the more traditional assets in your estate. In fact, someone who is acting as a personal representative, a conservator or a trustee, has a legal duty…
Naturally occurring retirement communities are a popular choice
Naturally occurring retirement communities (NORCs) are communities that were not initially created for seniors, but rather evolved over time to include a substantial percentage of residents who are age 60 or older. The demographics of NORCs are in contrast to…
How divorce affects retirement planning
Older people are getting divorced more frequently than ever before. Divorce can be a significant roadblock for retirement planning and financial security. Although divorcing earlier in life can have a minimal impact on retirement, divorcing after the age of 50…
