Understanding Payment Structures for Continuing Care Retirement Communities
These contracts are often designed by actuarial consultants who attempt to predict future costs and liabilities for the resident population as a whole, but the details of CCRC residency contracts can vary rather significantly from community to another.
Charitable Contributions: Tips for Seniors to Safely Donate
‘Tis the season of giving, and many seniors will make end-of-year contributions to charitable organizations. Whether you give out of the goodness of your heart, because you need a tax deduction, or a combination of the two, it is important to do your research before you reach into your wallet in order to protect yourself and your money.
Understanding a Long Term Care Insurance Policy- Part II
If you or a loved one own long-term care insurance (LTCI) it is important to understand how the policy works and what it covers so you will be better equipped to incorporate it into your overall retirement plan.
Never Say Never: Planning for Elder Care Requires Flexibility
It is a difficult–even excruciating–ethical decision to override another adult’s wishes for their care and housing, but some circumstances require it.
Going Green: 5 Easy to Grow Plants for Seniors
The presence of flowers or any type of greenery in your home can help reduce blood pressure and anxiety, and they can also improve your mental acuity.
A Clear Explanation of a Long Term Care Policy—Part I
This is Part 1 of a multi-part series describing key components of long-term care insurance policies.