Should you get a reverse mortgage? That really all depends on your age, homeownership status and a few other factors. For many seniors, reverse mortgages offer more benefits than drawbacks. Ask yourself, “is a reverse mortgage right for me?” Take a look at the pros and cons of a reverse mortgage to determine if it’s the right choice for you or for your parents.
Did you know there is a secret to aging well and making the most out of your senior years? It’s true and it all starts with a solid plan that can help you or your loved one maximize health and wellbeing during the aging process by being informed, proactive, and educated about life choices and healthcare options. Read More
Depression and anxiety in seniors share common disorder symptoms. Adding to the medley of healthcare factors our individualities, family histories and biological genetics present challenges when making senior mental illness decisions. The demands for healthcare can be overwhelming when it comes to making the right decision for both the senior and the supportive family members. Read More
More than 6.5 million Americans 65 years of age and older have been affected by depression. Often, these seniors have struggled with depressive episodes during their entire lives. For others, depression first strikes in the senior years, all the way up into the 80s and 90s.
For the first time in human history, we have a greater percentage of the global population over age 65 than under the age of 5. While life expectancy based on medical history has thus far been a primary factor in determining potential for longevity, as we move away from traditional institutional care into community/ home-based care, there will be more emphasis on the Five Pillars of Longevity, as they relate to long term care.
Today’s high tech world has changed the way we live; from transportation to food and everything in between, there’s an app for that. However, when it comes to aging, there’s no “app for that!” While aging is inevitable, thanks to technological advances and improved access to better health care, countless seniors have been able to remain healthy, independent and happy as a result. Read More
Too many Americans postpone retirement planning. When it suddenly shows up, they’re caught unprepared for meeting expenses, with a reduced income that can quickly wipe out savings and rob them of peace of mind and enjoying their Golden Years. These are the 10 biggest retirement planning mistakes:
Did you know that a single health issue can cause major financial issues and even empty the savings account of an aging senior in as little as a year? Are you or your aging parent covered in the event something critical happens? Read More
Last year was filled with turbulence for seniors and family caregivers. The House of Representatives passed the RAISE Act offering help and support for elderly families. For many, the cost of caring for our loved ones carry unexpected emotional burdens and financial surprises. Costs are only expected to increase along with the out-of-pocket expenses that could jeopardize the quality of senior health care. Read More
Have you thought about estate planning, such as making a will, but haven’t actually taken care of it yet? You’re not alone. According to a Harris Poll, 64% of Americans haven’t completed a will. Read More
When we are young and able to work a full-time job, we depend on our weekly earnings to pay for our living expenses. All of this will change quickly, though, as soon as we retire from our career. The weekly paychecks stop coming in, but unfortunately the expenses don’t. That’s why it is important to have a plan in place and begin retirement income planning now to insure you don’t outlive your income as you get older.
Are you concerned about having enough income to meet your needs during retirement? Or are you taking care of a loved one and responsible for his or her financial and health care needs? If so, you might feel overwhelmed with all of the choices and options available to you. Researching, creating a longevity plan, and asking the right questions takes a lot of time and energy. However, it’s important to begin the process now so you have a longevity plan in place and make the right choices when the need arises. Read More
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.