We know that it can be tough, finding care for a loved one, or taking care of them yourself. So we offer our end users a blog with information on care giving, choosing a community, senior living and care news and just for fun!
Maintaining a senior living community involves expenses that aren’t always obvious in the annual budget. A leaking roof, an aging heating system, or a series of small plumbing problems can quickly consume funds intended for other improvements. Unlike many commercial properties, senior living facilities must also consider how repairs affect…
Chronic illness can help you qualify to sell an existing life insurance policy and can affect the amount a buyer offers. Buyers consider your current health alongside your age, policy terms and future premiums. For seniors arranging home care or assisted living, that makes an existing policy worth reviewing as…
When you retire, you get to do more things that involve your family, loved ones and passions. However, enjoying those freedoms can be difficult when you’re stressing over all your bills. No matter how well you budget for these expenses, they can always pop up. Whether it be rent, hospital…
For many older adults, some of the most valuable things in the house are also the most overlooked. A broken chain in a jewelry box, a set of inherited coins, a ring that no longer fits: these small items often hold real worth, yet they sit untouched for years. In…
There are many changes that a person might experience during retirement. One of the biggest is the change of his income sources and spending as well as family obligations. This is why it would be better for a retired individual to consider the revision of his financial protection from time…
Assisted living is often treated as a single decision, but financially, it behaves like a subscription, which means a monthly bill that arrives for as long as care is needed. A one-time expense can be covered by a lump sum; however, a recurring expense is better matched with recurring income….
The tour was booked for two. A one-bedroom in an independent living community, close enough to the grandchildren, with a dining room, a shuttle to the medical center, and a waiting list they’d finally reached the top of. By the time the paperwork came around, only one of them was…
Planning for final costs is a significant part of financial preparation for many older adults. Expenses for funerals, medical care and unpaid bills are factors that can create financial stress for family members if no plan exists. When seniors evaluate these costs, they are able to create a strategy that…
When families choose a senior care community, they usually focus on visible signs of quality. They look at the cleanliness of the facility, the kindness of the staff, the safety of the environment, the activities offered, and the level of medical or personal support available. These factors are important, but…
Planning for senior living costs can feel uncomfortable when an older adult is still managing well at home. Many families delay the conversation because they do not want to create stress, pressure a parent, or suggest that a move is near. Yet waiting until a fall, hospital stay, diagnosis, or…