6 Ways to Limit Expenses When Caring for Aging Parents More than 40 million people take care of an aging loved one. More than 42% of caregivers spend an average of almost $7,000 a year of their own money on caregiving expenses. Here are six of the best ways for reducing your costs as a caregiver Read more
According to Wikipedia, A reverse mortgage is a mortgage that is typically secured over a residential property, which allows the borrower to access the unencumbered value of the property. Reverse mortgage loans are typically promoted to older homeowners and usually do not require the typical monthly mortgage payments making them attractive to older homeowners who may need better Read more
The Rising Costs of Health Care by Tracy E. Hill, Ph.D. While running on the treadmill recently, I saw a commercial for a credit card that promised “cash back” and a business man who received $36,000 cash back on his card. He said he used the money to pay for his employees health care. That Read more
October 15 through December 7 is open enrollment time for Medicare. If you (or your parents) have Medicare (A or B), you may want to consider making any changes to your Advantage Plan and/or Medicare Part D prescription plan. Why would you do this? Well, often our medications change as we age and as we Read more
Ever since Irma hit Florida and Puerto Rico and Harvey hit Texas, nursing homes have been ill prepared to deal with the power outages. That will change. As of November 16th, any nursing home, hospice, group home, hospital or other facility that receives Medicare and Medicaid payments must meet new federal emergency preparedness standards which Read more
