It would be interesting to see some statistics for the United States. What about you? Do you have parents aging in place or in a managed care environment that you are contributing financially to? Post a comment below and let us know. Here's an interesting article from Your Money about the financial impact being felt by some 1.7 million adult …
Summer Money Saving Energy Tips for Seniors
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 …
The Five Key Risks All Retirees Face
by Jeff Helms, CFA Over the next twenty years, roughly 79 million Americans will cross the threshold to retirement, joining the millions of folks that are already retired. Welcome to what we call “Generation R”. The Retirement Generation. In my years of retirement research, I’ve identified five common risks that all retirees face. These …
Aging in Place Interview With Viki Kind of Kind Ethics
I had the pleasure of being interviewed by Viki Kind of Kind Ethics this afternoon. Viki was a great host! We had several questions from callers and were able to provide a lot of practical information for people who want to plan to age in place or who are caring for an older parent. If you would like to hear it, please head on over to the aging …
Holiday Spending Tips for Everyone
It's no surprise that the Internet is brewing with tips and commentary about spending during the holidays; they are popping up like apples in a barrel. One in particular that comes to mind is from Jennifer Openshaw over at MarketWatch. Her common sense tips for managing your money over the holidays are some of most reasonable I've seen. Given …
Help for Making the Right Prescription Drug Plan Choice
Did you know that if you are on Medicare you are eligible for prescription coverage no matter what your health situation or how much money you have? What about those who are a very limited income? Did you know you could qualify for extra assistance with your prescriptions. These are just a few of the helpful tidbits and tools you will find on …