Source: MarketWatch When Hurricane Irma struck Florida last September, Linda Lubitz Boone’s 97-year-old mother needed to evacuate her Miami condo. So Boone brought her ailing mom to live with her to ride out the storm. Boone has been a financial adviser for 25 years, and has counseled many clients struggling with … Read More…
Source:Consumer Affairs Photo (c) Daisy-Daisy – Getty Images The U.S. Census Bureau reports that an emerging demographic trend spells trouble for future retirees. By 2030 — 12 years … The decline in the U.S. birthrate has coincided with a dramatic rise in healthcare costs, along with the costs of raising a child. In 2014, a…
Source: Business Wire ORANGE, Calif.–(BUSINESS WIRE)–According to findings from a national study of 1,000 adults age 55+ released today by Alignment Healthcare (www.alignmenthealthcare.com) and international research firm Toluna, the majority (59 percent) of seniors are anxious about impending changes to their … Read More…
Source: Elder Law Answer Medicare is supposed to provide up to 35 hours a week of home care to those who qualify, but many Medicare patients with chronic conditions are being wrongly denied such care, according to Kaiser Health News. For a variety of reasons, many home health care agencies are simply telling patients they ……
Source: AARP Young adult children sometimes boomerang back to the safety of a parent’s home when money is tight, the going is tough or difficult times loom. Decades later, middle-aged children often become the safety net for their parents. For some aging parents, the right move is into their adult child’s home. Read More…
Source: Charlotte Magazine Aging parents, accustomed to life on their own, take pride in their independence and don’t want to burden their grown children, who are raising children of their own, often in another place. Lorrie Klemons knows better because of her profession. She’s a registered nurse and patient advocate in Charlotte, … Read More…
Source: Lawyers.com Q: I am an adult only-child (age 42), and my retired mother (age 68) has no blood relatives other than me. If I were to pass before her, I want her to be protected financially. I currently have her as the sole beneficiary to one of my life insurance policies and one of…