Retirement may be sneaking up on you—or perhaps it’s already arrived. You think you have enough money, but you suspect there are potential pitfalls out there that can sabotage your years of hard work and diligence. You’re right to be concerned, but there are some easy things you can do to mitigate your worries. Here […]
As a financial advisor who works with older clients, you’re likely familiar with elder financial abuse. Perhaps you’ve even helped a client through a financially abusive experience. Whether or not you’ve seen this issue firsthand, you may be surprised to know just how rampant a problem it is.
So much of our adult lives is spent working to acquire money. We want to increase our income, improve our investment returns, add to our retirement accounts. Once we’ve sent our children through college, reached our retirement funding goals, and accomplished what’s important to us, those of us who want to can shift to a […]
If you’re a financial planner who works with retirement-age clients, the topic of life settlements should be a regular part of planning conversations. Life settlements allow a life insurance policyholder to sell their policy to an institutional buyer for more than the policy's cash surrender value, but less than the net death benefit. The purchaser […]
If you or a loved one has had to enter a hospital in the last several years, you’re undoubtedly familiar with this scene that was recently highlighted by the AARP. The patient is lying in a hospital bed, either awaiting or recovering from a procedure. Suddenly, a staff person who isn’t a doctor or nurse […]
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 […]
We all know that a positive outlook can have an immense effect on your quality of life. If you’re looking for silver linings, you’ll generally find them - if all you look for are clouds, that’s what you’ll see. This can become even more important during retirement. Seniors who work hard to maintain a positive […]
Contemporary Alzheimer’s disease treatment has long been dominated by drug-based interventions. Though pharmaceutical approaches have shown some success in halting cognitive decline, their use is quite limited and not without the many serious side effects that may accompany the use of any drug.
