As people age, they may start struggling to meet all of their own basic needs. They may need help driving, maintaining an organized schedule or even taking care of their home. In some cases, people may require support to keep on top of their medical needs, such as...
The realization that a loved one is having cognitive decline means that you’ll have to determine how to provide them with the care they need. One option for doing this is finding a memory care unit that can keep them safe. If you’re trying to find a memory care unit...
Estate planning can help people protect their loved ones. An estate plan can also protect the individual establishing the plan. There are numerous documents that take effect while someone is still alive but in need of outside support. Powers of attorney are among the...
Increasingly, Americans are moving farther away from where they grew up. College, and then jobs or relationships, can put them hundreds or even thousands of miles away from their parents. That means when an aging parent – particularly one who’s single – increasingly...
Moving into an assisted living facility is incredibly expensive. It can also cost quite a bit for someone to receive nursing care in their own home. Some older adults create long-term care plans that involve Medicaid trusts to help them pay for support as they age....
Nursing homes have always been expensive. A big part of the future planning that people do is saving money for their long-term healthcare needs. They expect to spend at least some time in a nursing home or an assisted living center, and they need to have the funds to...
You’ve likely heard of people who spend their entire life saving up as much of their money as they can, but then they are forced to spend all of that money on medical care at the end of their life. In fact, many of these individuals are surprised by just how quickly...
Medicaid is a program only for those with limited assets and income. You may have never needed Medicaid throughout your adult life, but there is a possibility you will need it as you get older - even those with well-funded retirement accounts may eventually need...
Social Security retirement benefits are a crucial social safety net for most working adults. After a lifetime of career contributions, working adults can eventually receive regular payments to help cover their retirement cost of living expenses. However, you have to...
As you get older, one of the things you need to think about is long-term care planning. Part of this planning may include looking into the cost of nursing home care and how you’ll cover it. Planning to use Medicaid is one option. Most, though not all, nursing homes do...
