Foster homes may be an alternative to nursing homes for seniors who need daily living help but not medical care. These homes, also known as adult care homes or board-and-care homes, provide a home-like setting for clients with round-the-clock supervision, social...
Family dynamics have changed with adult children reversing roles with their parents and having sit-down talks about finances. In a recent survey, parents in Texas over age 60 admit they have never discussed estate planning with family members. Adult children worry...
Recent studies show that over 70 percent of seniors will require extensive healthcare services after age 65. The Employee Benefit Research Institute has determined that only 13 percent of elders have secured long-term care insurance to avoid the high out-of-pocket...
Making long-term financial arrangements for a disabled family member may get easier. Until recently, people with disabilities could only own $2000 in assets to continue to receive state and federal assistance. The Achieving a Better Life Experience Act was created in...
Retirement should be a time to look forward to. However, many will worry about the transition from paycheck to Social Security check and from company insurance to Medicare. The latest study from Nationwide Retirement Institute shows that 73 percent of well-to-do...
