Record unemployment rates related to COVID-19 business closures have hurt business owners and their workers, many of whom are over the age of 50. Though workers of all ages have felt the effects of unemployment or reduced working hours, older…
Aging Americans are facing an escalating crisis in long-term care (LTC). Industry driven, massively underpriced policies are playing fiscal catch up with hefty premium rate increases. This price increase is forcing some aging Americans to abandon their policy while others…
We are always grateful to those who are caring for the sick, as well as those who support those workers. At the same time, we should be skeptical of bills which may be presented for that care. The struggle to…
Millennials are fiscally conservative, savings focused, and future planners seeking financial freedom as core attributes. A large part of millennials’ formative years was influenced by the US sub-prime mortgage crisis beginning in 2007, shortly followed by an international banking crisis,…
Older Americans at the greatest risk of COVID-19 are the demographic which is least likely to respond well to a vaccine. A vaccine shot works by fooling the body into believing it has been infected with a virus, thereby prompting…
A family caregiving meeting is an essential tool when planning for the care of an aging loved one. These meetings are beneficial for helping to keep all family members abreast of decisions that need to be made along with changes…
It’s an unfortunate fact that seniors can be common targets for financial abuse and scams. Sadly, the elderly are often taken advantage of by strangers – and sometimes even their own family members. That’s why it’s important that planning is…
Assisted living monthly costs can range from $2,000 to $5,000. Depending on what type of care your loved one needs, assisted living can be the most affordable solution when compared to a nursing home ($5,000 to $10,000 or more per…
Whether at home or in a long-term care facility, elderly Americans are facing rising incidents of mistreatment and abuse as social isolation during the pandemic creates more vulnerabilities. Stay-at-home guidelines isolate seniors from the systems that can protect them like…
We have all heard about the astronomical costs of nursing-home care if you become seriously ill or injured. You might also know that Medicare would cover only a minimal amount of those costs. Private insurance doesn’t seem like a good…