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

Insurance policies are one of the most overlooked financial products today.   Why?   People don’t buy insurance because they think they wouldn’t need it, not now or not in the near future. But without coverage, you could be one accident, disease, house fire or car crash away from succumbing to debt.   You don’t… read more

Most of us are guilty letting our finances get lost in the shuffle during the holiday season, but we don’t want you to become a statistic, so we came up with easy money saving ideas you can follow. It is tempting to cut yourself some slack since it’s the holiday season and this only happens… read more

Last Updated On:   The youngest of the baby boomers are just a few short years from turning 65. However, the ongoing changes and the obvious struggles of the ones who retired before them have left the younger boomers hesitant to take the step. Perhaps, one of the biggest concerns on their minds right now… 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

The reality in the United States is this:   Baby boomer retirement is on the verge of a crisis: many are still have no retirement savings, the older ones have run out of money funding their long term care costs, and the younger ones are at a loss of ways to plan effectively.   So,… read more

Purchasing a long term care insurance policy is a necessity for many baby boomers at this point. However, the one question that remains in their minds: “What do we do about the substantial problems which come with securing this type of coverage?” We all know that the long term care is too expensive to fund… 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

Last Updated On:   Families celebrate Easter in different and exciting ways—Easter Egg Hunts, bountiful feasts, and even crafts making. However, there are family members that we should always, always take into consideration as we make our preparations: our aging parents.   The lives of our aging parents can be quite stressful. There are always big… read more

Dementia care is difficult because of all the changes the care recipient goes through. No amount of money or precaution can fully prepare families for when dementia strikes a loved one, and this reality is even more devastating for many couples. To illustrate, here is a video we came across online of Bob Treanor and… read more