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5 Important Financial Questions to Discuss With Your Aging Parents
As your parent ages, setting a plan in place for their care can be a difficult topic to broach. No one wants to talk about death and the financial realities that come with aging. Instead of having a proactive conversation early in a parent’s aging process most families have a…

Seniors Face Long-Term Care Costs with 8 Trillion Dollars in Home Equity
The need for affordable long-term support services has seen a dramatic increase. Whether you struggle to pay premiums for a long-term care insurance policy or monthly bills from a nursing home, costs all around are exorbitantly expensive. The US Department of Health & Human Services (HHS) finds that Americans aged…

Let Your Health Care Power of Attorney State Your Final Health Care Decisions
If you are unable to make decisions for yourself, you can give this legal authority to someone else through a Health Care Power of Attorney, also called a Health Care Proxy or Durable Power of Attorney for Health Care. This prevents the courts from getting involved if there is a…

Coronavirus Isolation Has Led to Increased Loneliness in Seniors
Growing older can present its challenges and may not be as pleasant as once thought. Diabetes, high blood pressure, obesity, heart conditions, and pulmonary problems are common hurdles to overcome or manage. Apart from these well-known health issues growing evidence points to the powerful negative effects that loneliness plays in…

The New Addition to the Workforce: Seniors
There is a large group of people, aged 50+ that are currently financially supporting their children and their parents, making it harder for them to make ends meet. There are over 3 million seniors or near-seniors looking for full-time employment and millions more looking for part-time work. Seniors are finding…

Tips on What You Can Do for a Family Member in Need
Substance abuse, suffering from mental disability, or living on the streets are just some of the real-life issues people are grappling with today. Many families want to assist family members struggling like that, but families are unsure how to offer that assistance, given that money might hurt more than help.…