Am I Responsible for My Parent’s Nursing Home Debt?

Many Americans fail to see the significance of long-term care planning that they delay it or worse, forgo it. Based on a long term care poll, around 54% of Americans 40 years old and older reported doing little or no planning for their future care needs.     They learn it the hard way, seeing… read more

Baby boomers retiring would face expensive long-term care costs that can wipe out their retirement savings if they don’t plan for these properly. But are they even doing enough to prepare for long-term care? Well, I’m afraid not. According to the recent retirement survey done by Go Banking Rates, 42% of Americans will only have… read more

As Americans continue to live longer, it is more likely that they will need long term care. It involves different types of long term care facilities and services designed to meet your personal care needs. Long-term care also promotes independent and safe living in case you can no longer perform activities of daily living (ADLs)… read more

As a long term care beneficiary, you need to handle your long term care expenses skillfully. The benefits from long term care come at a cost. You have to spend money so you can cope with aging, disability, or chronic illness. By valuing the importance of proper planning you can live with ease and with… read more

Here’s what you are up against: Retirement expenses have sky-rocket to levels that are nearly impossible for many Americans to afford without any help. Comfortable retirement now appears to be a luxury that only the ultra rich can afford with ease. In fact, reports show that you would need $350,000 just to cover health care… read more

Discussing the need for long-term care may be the last thing on your mind as you celebrate Fourth of July. After all, this is the time reserved for family and friends. However, as you all prepare for the festivities, we encourage you to use this time to discuss long term care options with your family… read more

Having a comprehensive long-term care plan is necessary for every baby boomers without children today. If you look at the costs of all the care services in the country, you will find that even the lowest rates in the most budget-friendly states are not, well, cheap. These can amount to hundreds and thousands of dollars… read more

What makes a good retirement plan? For many individuals, a plan is considered good when it is comprehensive—well thought out and covers all the bases. However, what makes a retirement plan comprehensive will depend on multiple factors and circumstances that surround the individual. This means that what might work for another person and what he… read more

Long term care coverage is one of the biggest issues in America today. Because of various factors and unique circumstances, many Americans find themselves ill-equipped to face the costs imposed on care. And despite the prevalence of long term care educational resources and reminders, many individuals still find themselves unable to plan accordingly.   What… read more

Family caregivers are no stranger to financial issues. When you assume the role of your family member’s primary care provider, it includes tackling the costs of their care as well as their expenses and necessities. On top of this, you also have your own finances to contend with. This is why a significant amount of… read more