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, …
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 …
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 …
The most important things to have in your possession when you are caring for aging parents – or if you’re in a position where you ever might care for them – are powers of attorney. And the powers are not one set of paperwork – they are two. The first kind of power of attorney is for finances. The document, usually drawn up by a professional in …
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 …
Most everyone is looking for ways to save money; especially seniors who are aging in place. One way to do that is to reduce the amount of energy used every month. Here are a few ideas for ways you can either cut back or things you can change that can help reduce your monthly energy expenses. General Turn it off if you're not using it. You …
