Medicare Advantage plans are appealing to many cost-conscious seniors because 1) they include prescription drug coverage; 2) they often include dental care, eyeglasses, gym memberships and other services; and 3) the premiums are substantially less than a traditional Medigap Plan…
If you’ve been able to make it to your later years in life, you need to consider that a huge success in aging. After all, when you think about the alternative to aging your perspective about getting older shifts. You…
You may see it coming: Much as you want to and hard as you try, you just can’t take care of your ill spouse at home any more - but Medicaid can help. At this emotionally difficult time, the last…
Caring for an elder parent comes with many questions and challenges. Imagining your parents as seniors can be hard enough, not to mention having to understand and respond to the reality that each parent will age differently. Even if you…
Children are often left to pay for their parent's elder care, which can be astronomically expensive. The high cost of long-term nursing care is no longer news. Costs can run around $7,000.00 or more per month, depending on location. Hundreds…
If you receive a pension from your employment that did not pay social security payroll taxes, your SSA benefit might be reduced by the Windfall Elimination Provision (WEP). How can you know if this is your situation? Your social security…
Anyone can become either temporarily or permanently disabled. Some projections are estimating that Americans in their 20s today have an approximate 30 percent chance of experiencing a disability profound enough to cause them to miss three or more months of…
Many seniors who are financially stable and choosing to age in place already have a “smart” home employing the sorts of technology that can prolong their independent living circumstances. Family caregivers are freer to move about their daily lives knowing…
When policymakers consider the costs of dementias like Alzheimer’s disease, they consider both direct and indirect costs. Direct costs, in this instance, are the medical and social/non-medical care costs related to dementia; on average, expenses included $273 per month spent…
Estate planning is important for people of all ages, but as we age, the need for planning becomes even more critical. Many people avoid estate planning, because they do not want to think about the end of life, failing health…