These are uncertain times for all of us Questions about health and the economy are discussed and debated continuously. Not one to cry easily, I have fought back tears recently. Friends dying alone. No way to sit by their hospital beds, hold hands and share precious moments together. Or a final hug or kiss. I
Conventional wisdom Buy low, sell high. Always protect principle. Isn’t that the strategy? A downturn in the market is a temporary thing. Better to think long term than to panic and sell stock at a low during a downturn. In a downturn the assets providing retirement income and the resources to self-fund a long-term care
At our Fourth of July party, a friend jokingly asked me what was worse than talking with your kids about the birds and the bees. Laughingly, he said it was talking with your parents about long-term care. My friend and his wife are clients. He knows that the focus of my business is long-term care
Twenty-seven years ago I received a phone call from my father and still remember the conversation. He had called to tell me that he and my mother had made a very significant investment in my financial future and was eager to tell me about it. As you can imagine, he had my full attention and
If only we could stop the aging process. Growing old is not for the faint of heart. Faint of heart defined It’s the lack of courage to face something difficult. And growing old certainly fits the definition. In this article published by A Place For Mom are 18 signs that help is needed. As families
When we work with clients on long-term care expense planning, the initial focus is cost and coverage. It doesn’t matter if the funding option is insurance or another product. Basically, clients just want to know how much expense they can afford to transfer to an insurance company or another funding resource. As a result, meaningful
Among options for retirement living is the continuing care retirement community or CCRC. These communities provide a combination of two or more venues that include independent living along with assisted living, memory care and/or skilled nursing usually on one campus. The intent is to provide the services residents require to age in place. As personal
Chances are that you or someone you love will need care or become a caregiver. Just think about the reasons for needing care. They range from cognitive diseases like Alzheimer’s to physical limitations from accidents or medical conditions like ALS, cardiovascular disease, diabetes, MS, etc. Here’s a quiz to test your knowledge: RISK: The government projections
What a novel concept! Just kidding! It’s really not. Since the Taxpayer Relief Act of 2012 removed the Class Act from the Patient Protection and Affordable Care Act (Obamacare), several think tanks working on how to fund long-term care for aging baby boomers have all recommended the solution is a combination of public and private
Twenty-seven years ago I received a phone call from my father and still remember the conversation. He had called to tell me that he and my mother had made a very significant investment in my financial future and was eager to tell me about it. As you can imagine, he had my full attention and
