Older adults today may find themselves in a bind when they need to move to a senior living community without knowing how to pay for senior care. Though senior living may feel like a large expense, a number of solutions can help older adults fund their move and maintain their residency for as long as […]
Many older adults in the United States live on a fixed budget and need to save money to afford life expenses. With the costs of care and living continuing to rise, they often ask trusted financial experts how to make ends meet. Careful budgeting may be the answer, but clipping coupons may not be enough. […]
Transitioning from a hospital or skilled nursing facility (SNF) back home can be an overwhelming process. To do so under the restrictions and limitations of Medicare coverage can be even more difficult to Here are some considerations for achieving a safe discharge under Medicare coverage that will ensure optimal recovery and minimize the risk of […]
Planning for the future is a crucial aspect of ensuring the well-being of seniors and their caregivers, especially considering the increasing costs associated with long-term care. As the need for assistance grows, whether it’s in the form of in-home care, home health aides, or moving to assisted living facilities or nursing homes, understanding the financial […]
Having open and honest conversations about finances can be challenging, especially for seniors and their loved ones. Seniors with mental or physical impairments might struggle to sign checks, keep up with bills, or calculate a budget. Maybe they’ve recently lost a spouse who handled their finances. Maybe English isn’t their first language. Fear, embarrassment, and […]
Proper financial management is important at any age. Yet, as caretakers know, it can become much more difficult as one ages. For loved ones facing physical, mental, and cognitive challenges, managing money can be overwhelming. If you’ve noticed a senior struggling with finances, there are concrete steps you can take to help. What Obstacles Prevent […]
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