Many Americans have to hang up their car keys for good due to dementia. There is an increasing prevalence of Alzheimer’s disease and other forms of dementia in the aging US population and it is forcing the hands of caregivers, family, and physicians to ensure getting those impaired off the roads. Cognitive disability creates peril not only for the driver themselves but also for car...Read More
Veterans are an important class of our population and as such, it is important to know about the various benefits available to them. Many of the benefits are based on the type of service by the veteran, the health of the veteran, or a combination of these factors. The next several paragraphs will outline benefits veterans should be aware of, however, it is recommended veterans speak with a...Read More
As 1.3 million people in America reside in nursing homes currently, chances are high that you or someone you love will need to be cared for in a nursing home setting eventually. Choosing the right nursing home is not cut-and-dry, and all nursing homes are not created equal. The average length of a nursing home stay is 835 days – over two years. With an average stay of over two years, it is...Read More
Mention Alzheimer’s and the aging population aren’t the only ones to take notice. An increasing number of younger family members and care givers will pay close attention too as the disease continues to ravage the ability of our aging population to take care of their own needs. The number of cases diagnosed and the age groups in which they occur are on the rise and that is just descriptive of...Read More
70% of individuals 65 years old will need some form of long term care during their lifetime. For those 70% requiring long term care, the average total cost is estimated at $266,000. About 25% of households have no retirement savings at all, and the median savings for those who do is less than $75,000.
When we think about how much to save for retirement – we inevitably attempt to gauge...Read More
Ambrose was getting on in years, and he missed his wife who had recently died. So he sold the home, put the $100,000.00 in the bank, and moved onto his son Arthur’s farm. Every day Ambrose got up at the crack of dawn to milk Arthur’s cows, and he felt healthy as a horse. So he really didn’t see the need to do any financial planning.
But one day Ambrose fell and broke his hip. Complications...Read More
A poor, non-nutritional diet, particularly one high in sugar can have disastrous consequences for overall health particularly in our more senior years. The sugar effect is cumulative and some of the bodily harm sugar causes can take months or years to undo, if it can be undone at all. The more diet disciplined you are at a younger age the greater your chance of enjoying a healthy, successful...Read More
What is a guardianship?
A guardianship is usually defined as a protective legal proceeding for someone who is incapacitated and unable to manage his/her own affairs. Incapacitated means that the elder is no longer able to receive and evaluate information and communicate decisions. This usually applies to the ability to make financial decisions or care-related decisions.
When is a guardianship...Read More
Aging is the sign of a successful life. After all, when you think about the alternative to aging your perspective about getting older shifts. You should start seeking self-sufficiency for your retirement years well before the age of sixty-five. But, even if you have not done so, don’t shun the planning stages. You need to address planning no matter what your age. Some preparation is better...Read More