If you’d like to stay in your home and age in place, reverse mortgages might be an ideal option for you. A reverse mortgage loan is a special kind of home equity loan that allows you to use your equity to pay for various expenses. Read More
If you’re an older adult with mobility or health issues, you might be wondering if you can continue living in your current home. Or maybe you’re concerned about your aging parents’ safety and health while they’re living in their home. Instead of moving to a nursing home or assisted living facility, there are options that may allow you to age in place, remain independent and stay your healthiest. Read More
Do you want to sell your home, but you’re not sure where to start? It may have been a while since you’ve sold a house and found a new place to live. So you probably have a lot of questions about what steps you need to take to get the best price for your current home and ensure that the selling process goes smoothly. Read More
As you or a loved one get older, are you thinking about moving to a smaller home that’s easier to take care of and manage? You may find maintaining a large home and yard is challenging. However, the thought of selling, moving and buying a new home can seem overwhelming.
Although no one wants the time to come, it is important to recognize the signs that your aging parent may no longer be able to safely and independently live alone. This can be a very overwhelming realization for your family. Moving can be stressful for anyone; but making this transition from a long-time home into senior housing communities or an assisted living residences, is a life-changing experience. This dramatic life change can be hard for seniors as well as their family members.
Each year thousands of families must make the hard decision about the care of an aging relative. While everyone wants the best care possible for their loved one, many people do not know where to begin. They do not know where to look for help, nor do they understand what caregiver qualities to look for in a caregiver. It is important that families receive sound advice and work with people they can trust throughout this process. So what are the qualities of a good caregiver? Let’s take a look.
Read More
Believe it or not, according to the National Alliance for Caregiving, over 44 million people in the U.S. today are providing care for an aging family member instead of utilizing professional paid family caregiving. Being the caregiver for an older parent takes its toll on families. While these unpaid caregivers think they are saving money by doing it themselves, there are some costs they might not even realize.
Are you trying to decide what’s the best health coverage for you or a loved one? What if you already have health insurance? The choices can be confusing and overwhelming. To help you better understand your options, here’s what you should know about Medicare plans and other types of insurance so you can get the right coverage to meet your needs. Read More
Seniors work hard throughout their lives hoping to spend their retirement in comfort. Their loved ones want to ensure that everything possible gets done to provide proper care. It’s important to understand all of the things that Medicare Part A, B, C and D cover, and what they don’t. Look at the potential services that might be required for a senior. Is it clear that Medicare will provide compensation for needed care? No one wants to see their loved one cut off from much needed medical services due to a lack of proper coverage.
Read More
Social security is a retirement program workers pay into every year, but many people fail to maximize their social security benefits when it’s time to collect. While the program may look straightforward from the outside, there are actually nearly 3,000 different rules that apply, and most people aren’t aware of even a fraction of them.
You’ve been working your whole life and every paycheck, some of your hard earned money has gone to Social Security. Now, you’re finally old enough to make a claim. Wait! Before you file for Social Security benefits, there are a few things you should know.
Read More
Healthcare advocacy for seniors is extremely important, especially for patients who have difficulty expressing themselves. Having an expert on hand to advocate for the elderly will accomplish several things, including maintaining the patient’s health and well-being. Senior advocates can identify potential issues and have them corrected before they start to cause major problems for the patient. They are also able to speak for the patient when an advocate is needed so that both parties are on the same page when it comes to treatment, costs, and quality of services received.
Had her children checked just a little deeper, they would have found things to be amiss. Her personal bathroom looks like it hasn’t been cleaned in months, especially the toilet. Very little food is in the freezer or cabinets.
A reverse mortgage is one of the most misunderstood financial products available. Even if they qualify for a reverse mortgage and would benefit from the extra stream of funds it would create, many seniors avoid considering one because of myths and misconceptions about reverse mortgages.
