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New Options in Assisted Living

With changes in medicine, technology, and socioeconomics, it’s no surprise that that assisted living is changing, too. The rising cost of assisted living means that some families are looking to new alternatives, while those who consider traditional assisted living...

Caregiving in the Sandwich Generation

In 2006, Miriam Webster included the term sandwich generation in the dictionary for the first time. Sandwich generation is defined as “a generation of people, typically in their thirties or forties, responsible for bringing up their own children and for the...

Social Security at Risk of Insolvency

According to a recent government report, available here, Medicare and Social Security are at risk of insolvency. Unless action is taken, Social Security will exceed its income by 2020, whereas Medicare is projected to exceed its hospital insurance fund by 2026....

Why Estate Planning is Essential for Seniors

When it comes to establishing wills and estate plans, older Americans outpace their younger counterparts. Still, a significant number — 19 percent of those over age 72 and 42 percent of those between 53 and 71, according to survey data — lack any type of estate plan....

Financial Considerations as You Age

It is true that you spend the first half of your life trying to get something and the second half of your life trying to keep it. If you are a senior, or very nearly there, it is time to review how you plan to protect your finances. Below are seven steps to...