It wasn’t too long ago that aging Americans who were sick, or who needed more than minimal assistance with the activities of daily life, had just two choices. They could either stay at home with a full- or close to full-time caregiver, or enter a nursing home facility. These facilities were often less than ideal. […]
If you’re not prepared, paying for long-term care can be one of the most stressful financial burdens many adults face in their golden years. With costs running into the tens of thousands of dollars per year, and only increasing, long-term care requires thoughtful financial planning. Thankfully, there are several options for paying these costs, as […]
As the Baby Boomers have begun coming into their golden years, a major question has begun popping up. It’s being asked at doctor’s offices, nursing homes, and financial advisors’ offices: How can I cover the costs of long-term care? It’s an important question to consider, as long-term care costs are already high, and continue to […]
For seniors and their families, there’s the ever-present concern that an accident or fall will happen when nobody’s around to help or get help. While a person may not always be around to lend a senior a helping hand, technology is getting closer and closer to filling that gap. Today, new smart devices are helping […]
“I have the right to take care of myself. This is not an act of selfishness. It will give me the capability of taking better care of my relative.” Adapted from A Caregiver’s Bill of Rights by Jo Horne and published in 1985 by the American Association of Retired Persons (AARP), this is the first […]
Sooner or later, given enough time, most elderly adults will require care assistance, with much of this assistance requiring long-term care. While 65% of those needing care rely exclusively on those close to them, another 30% will employ paid providers for supplemental assistance. In contrast to men, women are significantly overrepresented as care providers and […]
As many families know all too well, Alzheimer’s is a devastating disease in so many ways. According to the Alzheimer’s Association, in 2016, 5.5 million Americans had this illness, and 15 million Americans provided unpaid care for someone with the disease. That means Alzheimer’s is affecting at least 20.5 million Americans in a highly personal, […]
Rising longevity and a stagnant economy over the past several years have combined to create an uncomfortable reality for many adults in their middle age. While they’re still providing for their own children, they’re often also providing care for their aging parents. This is why so many experts have taken to calling people in their […]
When you start caring for your parents, instead of the other way around, all kinds of questions and concerns start to emerge. How do you keep your home safe for them? Do you need to look into assisted living or another form of long-term care? How can you and other family members best ensure that their […]
If you’re like most people, you bought your life insurance policy because you wanted to take care of your family. You wanted to make sure that if something happened to you, your spouse and children would have something to live on. That’s what we all want: to take care of the people we love to […]
