Are Annuities A Good Investment?
When investing for retirement, knowing what tools you have gives you the power to choose the right financial tool for your goals. Should annuities be one of the tools you choose? Let’s compare annuities to the some of the major retirement investment tools.
What Can Life Insurance Do For Me?
Most of us have a general sense that life insurance is something a responsible adult should own but how many people know what life insurance can do? In order to buy a policy that will do what you want it to do, means you need to know two things…
Medicare In Depth: 2022
There are essentially three different Medicare “parts,” each offering a different aspect of coverage. Additionally, there are Medicare Advantaged plans, which take a more all-in-one approach. Let’s take a look at each of the types of plans.
What Is Medicare, and How Does It Work?
Medicare is the federal insurance program designed to help older Americans afford healthcare. Medicare has been a part of the American healthcare system for 55 years and helps millions of Americans pay for their medical expenses…
What Does Long Term Care Insurance Cost? How Benefit Choices Change Policy Cost
Once you decide what kind of insurance will work best for you and your family, it’s time to choose the benefits that meet your goals but fit your budget. Age and health determine which policies you can qualify for. Keep options open and cost down by purchasing a policy while you are younger and healthier.
How To Have Difficult Conversations About Money, Long Term Care Planning, and More
The holiday season is stressful enough on its own. When getting together for the holidays means having hard conversations, that stress multiplies. We’ve learned a lot from Difficult Conversations: How to Discuss What Matters Most by Douglas Stone, Bruce Patton, and Sheila Heen about how to have those stressful conversations, and we’re excited to share our favorite tips.
What To Do If You Don’t Qualify For Long Term Care Insurance
In the first 3 installments of this series on the cost of long term care insurance we looked at folks who were able to qualify for a policy. However, long term care insurance can be difficult to qualify for - chances are we all know someone who would not be able to buy a long term care insurance.
Which Documents Do I Need If My Loved One Needs Care?
#9 Tip: Locate Important Documents. Find the documents that will help caregivers respect patient wishes, authorize a medical or financial decision-maker, and help pay the bills.
How to Talk to Your Loved One’s Medical Care Providers
Getting to know your loved one’s medical care providers may lead to more focused medical care and improved health for them. You might find some peace of mind - but make sure to have the right paperwork in place.
What To Do When Long Term Care Insurance Alone Isn’t Enough
Last week, we looked at a single woman who wanted to be able to decide when and where she received long term care. For her, traditional long term care insurance was the best answer. Not everyone’s goals are the same. Maybe your situation is more like Art and Maria’s. Art and Maria have saved for retirement diligently throughout their working years. Their plan…
What Do Care Teams Need From You?
No matter where your loved one is receiving care, staying in touch with care providers focuses provider attention and keeps you informed. Be positive - you’re all on the same team. When your loved one lives too far away for frequent trips to their residence, watching out for their well being can be challenging. Getting to know their caregivers can make all the difference.
What Do You Want From Your Long Term Care Insurance Policy?
The first step in determining the price of long term insurance is to figure out what you want the policy to do for you. Meet Karen. Karen is looking forward to retiring in about 7 years when she turns 65. She lives alone in the neighborhood where she raised her family.
How To Talk About Hiring Home Care Helpers
Asking for help or admitting you need help can be hard. Start the discussion with simple chores like getting the lawn mowed and ease into sensitive topics like showering and vision or hearing changes.
How Much Does Long Term Care Insurance Cost?
How Much Does Long Term Care Insurance Cost? The short answer is, “It depends.” In this blog series, you’ll learn about what affects the premium price of long term care insurance and what impacts those factors make on the benefits. The first step…
How to Arrange Affordable Prescription Delivery
Help your loved one get well by ensuring medicine is easily available. Don’t forget over-the-counter medicine, vitamins and supplements. You can help with prescription drugs in a way that makes a real difference.
Our Guide to Online Shopping and Grocery Delivery for Seniors
Shopping can become an impossible chore due to disabilities caused by illness or aging. Setting up and assisting with online shopping may improve your loved one’s nutrition and help life feel a bit more normal.
What Are Wellness Checks, and Why Are They Important?
Talk to friends and neighbors living locally who might be able to do wellness checks from time to time. Exchange contact information with two or three who are reliable and willing.
Positive Thinking and Long Term Health: Are They Connected?
Chronic emotional and physical pain can cause a great deal of damage to our bodies. One way to help your loved one beat the odds is to help them stay positive.
How Do Your Retirement Savings Compare?
Having a retirement savings account seems like a no brainer but how much are people actually saving? To get an idea of how you are doing, compare your retirement fund with…
How to Fight Loneliness and Social Isolation by Staying Connected Online
Do you have a family member or a friend in need of care but don’t live close enough to help in person? This series is for you. Each week for 9 weeks you’ll get a new tip on how to be a successful long-distance caregiver.