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How to Pay for Care without Going Bankrupt

Mothers Need More Than Flowers

Mother with two adult daughters for Mother's Day.

Women were already more likely to experience the stressors of “sandwich generation” caregiving – providing assistance to a parent, while raising children.  Women are more likely than men to withdraw partially or fully from the workforce when caregiving demands are high – negatively impacting their career advancement and retirement savings.

Should I Ask Mom and Pop about Their Finances?

Daughter talks with mom about estate planning on the couch.

There are now more than 70 million Baby Boomers in the U.S. However, millions of adult children may not be prepared to make important decisions about their parents’ future if necessary, because of a lack of knowledge about their parents’ finances.

How to Be an Effective Advocate for Elderly Parents

Power of Attorney

As family caregivers, we play many roles: scheduler, money manager, house cleaner, health aide, nurse, navigator, nurturer and more. Perhaps the most important role, though, is advocate, as we ensure the best life possible for our loved ones when they are vulnerable.

This Breathing Trick may Make You More Heart-Healthy

Older Women Exercising outside

A simple five-minute daily breathing exercise lowers blood pressure and potentially improves heart health as well as — or even better than — exercise or medications, say researchers at the University of Colorado Boulder.

Should I Enroll in Medicare Before I Retire?

Medicare Health Insurance card - Medicare may be better than employer sponsored insurance.

A recent survey found that a third of those nearing retirement age (62-64) who plan to keep working past 65 don’t understand they can sign up for what is often more affordable Medicare coverage, even while they’re still employed. Kiplinger’s recent article, “Yes, You Can Sign Up for Medicare While You’re Still Working,” says that with retirement further away for many, some people must get some help understanding their options. The article answers some common questions concerning retirement postponement and Medicare coverage, including common misperceptions. Your retirement decision is personal and dependent on your situation. Access to health coverage is…

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