About 70% of seniors over the age of 65 will need long-term care either in an assisted living facility or nursing home. Nursing homes provide 24-hour care for those who need ongoing attention and have medical issues, and assisted living facilities are for those who...
Month: December 2017
Asset protection for spouses during long-term care planning
At some point, Medicare may not be enough coverage for elders with serious health issues. Additional coverage through the Medicaid program may help defray costs for services that Medicare does not cover. Seniors in Texas who are considering long-term care planning...
Long-term care of the elderly
The U.S. Census Bureau reports that one in four people will be over the age of 65 by 2060. Does the country have enough long-term care programs in place to guarantee senior citizens can remain at home? Elders who wish to stay in their homes should have access to...
Reasons to be thankful during elderly planning
Most Americans, including some retirees, do not realize how important Social Security is to a person's financial well-being. It may be the country's most important program since it has provided a monthly payout to over 66 million Americans over the past 77 years. In...