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How to Pay for Care without Going Bankrupt

Long-Term Care Costs

credit card debt paid by adult child?

As retirees live longer, many worry about outliving their savings. However, many older Americans haven’t planned for a looming expense: the cost of long-term care.

Will Congress Provide more Resources for Elder Care?

IRA Inheritance Changes

As the baby boom generation gets older, families are trying to figure out how to keep their parents out of nursing homes — which became even less attractive when Covid-19 ravaged assisted living facilities — while dealing with their growing and expensive needs. They’re also about to become the center of a political fight in Washington.

Should I Consider a Reverse Mortgage?

Undiagnosed Dementia

Reverse mortgages continue to be one of the most misunderstood retirement and long-term planning tools. Many myths surround the reverse mortgage program.

What Is Elder Law?

Attorney John McNair

Elder Law is made up of three major categories, which can be broken down further into deeper topics.

How Can I Be Better Long-Distance Caregiver for Dad?

Long pandemic lockdowns forced many older adults to become comfortable with video calls to stay connected with family. That, in turn, means that long-distance caregivers have a better way to see how their loved ones are faring.

Can I Be Paid for Caring for a Loved One?

Crisis Planning Medicaid

Your chances of getting paid to be a family caregiver are best if you are caring for a U.S. military veteran or for someone eligible for Medicaid, but other possibilities exist.

Seven Items Medicare Doesn’t Cover

OTC Hearing Products

Medicare covers the majority of older Americans’ health care needs — from hospital care and doctor visits to lab tests and prescription drugs.

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