No matter how much you love your job, nobody wants to work forever. This is why it is important to consider how you will maintain your finances after you leave the workforce. This process is known as retirement planning.

Effective retirement planning requires compartmentalization. First, you need to know...

As your loved ones become older and lose their financial independence, they can become vulnerable to a number of abusive and predatory behaviors. Financial exploitation from family members, friends, and even care staff is a common occurrence. Predatory situations can lead to bank accounts being drained and can leave your loved ones destitute after a...

Inflation has touched just about every aspect of life. Gas prices, rent, and food costs have soared in the wake of the COVID-19 pandemic and the war in Ukraine. Over the past 12 months, inflation has increased by 8.6%, the highest level since December 1981. The trend is expected to continue, despite efforts to rein...

Guardianship means that a family member of an elderly parent or relative is placed in a position of higher responsibility to make medical and daily care decisions. The question about who and when to name a guardian for your aging loved ones is a significant one. Watching a parent age is emotionally difficult. Those who...

Moving to a nursing home can be a really big step, but it can also be in the best interests of both an older person with advancing care and assistance needs as well as loved ones that may worry about the older person living on their own. As you move to a nursing home...

Being able to act as a caregiver to an aging or disabled family member can be a very fulfilling and rewarding endeavor. Family caregivers are able to make family members more comfortable as they age in place at home. While acting as a family caregiver has its own rewards, it can come with...

Many rely on Medicaid to cover things like the often substantial cost of long-term care. A need-based program, Medicaid benefits are only available to those with limited assets and financial resources that fall below the qualification limits. With proper planning, a person can plan to qualify for Medicaid without having to spend down a...

It can be a difficult thing to watch an elderly parent struggle with memory issues. Unfortunately, it can advance to the point where it is safer for your parent to enter into memory care. Those seniors with memory issues, whether it be due to dementia, Alzheimer’s, or something else, can be best served in...

For many older Americans, driving provides a much-needed outlet to the outside world. It helps them remain connected to the community, go to the grocery store, and can come to represent what they may feel is dwindling freedom in their golden years. For these reasons, it can be difficult to talk to your elderly...

It can be difficult to watch our parents age. The ones that once cared for our every need may have developed care needs of their own. As parents advance in years, there are unique challenges that will need to be faced and you and your siblings may not be fully prepared to handle it...