You may have seen the commercials for independent retirement communities. They offer a look at stress-free living so you can enjoy your golden years. There is more to it than that, and planning is always essential.
Ironic, isn't it? Eventually we become parents to our parents. At some point it will be best for them to downsize their home. You too will need to do the same at some point. Help them make a safe transition and start preparing for your longevity now.
Can reverse mortgages and Long-Term Care Insurance work together to help fund an appropriate plan to address the costs and burdens of aging? For some families, this 'couple' can open cash flow to protect your assets.
An analysis conducted by the AALTCI says those with an LTC policy can have up to a 50% chance of using benefits. Preparing for the future costs and burdens of aging not only safeguards assets but reduces the stress and burden on loved ones.
Remember the Sonny and Cher song, “The Beat Goes On?” Lyrics say,” the beat goes on, the beat goes on …” but sometimes that beat is off and that could be atrial fibrillation. A-fib can lead to several health issues including stroke and long-term care.
Many American families are in crisis when a parent, due to declining health or age, need long-term health care. The consequences are more than financial. One child must step up, and they wonder why this burden was placed on them
Back pain. Is it from muscle spasms, muscle tension, maybe a damaged disc? Several structural problems can result in back discomfort. Don't ignore it since as you get older, it can result in limited mobility and disability.
You have heard the saying the only two constant things in life are death and taxes. Tax time is here, and while you have until May 17, 2021, to file 2020 tax returns, don't wait too long to start putting it together.
Often diagnosed as mental illness, this dementia has dramatic consequences on the individual and their family. Frontotemporal dementia targets people ages 40 to 60. Families are not prepared for the costs and burdens that come from this disease.