Do you feel like you've already had the best years of your life? Or, are you still creating it as you go along ... filling each day with new experiences, learning, giving and living? We've all heard people talk about their retirement experience; some good, some not so good. But, what it will be (or is) for you ... well, that's up to …
Continuing Retirement Changes
A 2012 AARP study found that 72% of baby boomers approaching retirement will have to delay it for financial reasons. Half of boomers said they would likely have to work indefinitely. Retirement no longer means working for 40 years, then automatically relaxing and reflecting on life as you approach age 60. The average age of retirement in 2013 …
Long term care insurance
While making plans for the care you may need in the future, don’t forget to consider long term care insurance. Long term care insurance helps cover some costs of long term care, which may become necessary for as much as 70% of the population over age 65. Whether you experience gradual decline of abilities or suffer a sudden illness or disability, …
Early Long Term Care Planning
So you are planning on aging in place. You’ve implemented a plan that has included home modifications to help you as you get older. Then, just as you feel proud and secure in your plan, you have new disabilities to consider. Just because you need some assistance does not mean you have to sacrifice your independence. In fact, a little long term care …
What is Long Term Care?
Long term care is a term used to describe the range of assistance a person might need to receive and can include medical care, custodial care or other services. This might be needed as a result of any long-term condition (i.e. stroke, Alzheimer's, Parkinson's, etc.), an illness or the decline in a person's physical capabilities due to …
Life Settlements: An Introduction
As you may know, many seniors who are aging in place need more money to live comfortably through their golden years. This is especially true when faced with unforeseen expenses such as assisted living and long-term care. The urgency of finding a significant amount of money quickly exacerbates an already stressful and emotional situation. For these …