Although the roles are usually reversed, some parents are so financially irresponsible they become a burden to their adult children. And this can create nightmare financial situations and greatly strain the relationship between parent and child. If you're an adult…
Ready to find a new home? Then it’s time to get your mind back into the housing game. As an older adult, you will have a house full of memories to clean up and sell. But there is a new…
Most of us accept that as we age, we begin to slow down. Physical changes— graying hair, an expanding waistline, shuffling more than walking, shortness of breath—are obvious and usually gradual, but signs of our mental decline can be more…
Did you know that roughly half of all Americans aged 55 or older have no retirement savings available? We are in a concerning time where many people struggle to make ends meet and in fact live paycheck to paycheck. Unfortunately,…
We live in fascinating times in terms of technological wonders. All manner of fancy gadgets have made it enormously convenient to do most everything, from everyday chores like paying bills or shopping to researching for a college essay and managing…
If you are smartly preparing ahead of time for important and inevitable decisions in your older years, you will likely be involved in creating an advance directive. Advance directives are critical, medical-related components of financial and estate planning. However, confusion…
Estate planning for someone with dementia presents several unique challenges. First, you will need to get the estate plan correct since it will be used to help make decisions for them and plan care while they are still alive. Second,…
With age comes wisdom and wonderful experiences with family and spending precious time with grandchildren. Growing older also brings its share of health challenges; some of which are managed with routine medical visits and maintenance. Other health issues are of…
One-third of seniors don’t have money left over at the end of each month. This and other monetary concerns make financial planning especially important for seniors. About 1 in 20 seniors have experienced financial mistreatment. Since many seniors already face…
Life is full of surprises, some good and some bad. While you always hope for the former, you also have to be prepared for the latter. This is why we have homeowners insurance to cover burglary or burst pipes, we…