There are a slew of new elderly phone scams being used to trick older people out of money. One such is called the Grandparent Scam. According to True Link Financial, scams like these cost older people an estimated $36 billion in a given year. These new elderly phone scams have a unique way of getting older folks to part with their money ... they …
How Life Insurance Can Help Finance Your Retirement
Few people know that life insurance can be used to help fund their retirement. Many of us purchased life insurance decades ago when we had a salary and were raising a family. However, as we’ve aged, the need for that policy’s coverage has decreased. The unfortunate fact is that 80+% of life insurance in the U.S. is never paid out. Most policies …
How to Pay for Aging in Place
Dorothy said it right in the Wizard of Oz: There's no place like home. You deserve the dignity and peace of being able to stay in your own home for as long as possible, but in many cases, the financial burden of necessary modifications to your home and in-home care may seem overwhelming. Luckily, there are options available that will allow you to …
Identity Theft Protection for Seniors – Video
As part of an ongoing effort to educate seniors and families about identity theft protection we are posting a few videos that are focused on senior identity theft. Since this is such an important topic, we felt it should cover the basics of identity theft, including what it is, how it happens, how real of an issue it is and prevention. These videos …
Identity Theft Tips for Seniors
More than 50% of seniors are online, according to Pew Research Center’s Internet and American Life Project in 2012, and this means seniors are utilizing email, social media and online banking. As we age, there is an increased feeling of isolation for various reasons including a loss of social connections, new physical limitations or even a lack of …
Long Term Care for Seniors Slideshow From Kaiser Family Foundation & JAMA
We are hearing more and more about long term care for seniors. It is no wonder, either, with the number of retired Baby Boomers growing. They, along with everyone else, should be keenly interested in protecting their health, family and lifestyle during a period of need. This is what long term care planning can help you do. This slideshow, …