Category: Financial

Factors to Consider When Planning for Retirement

1. What are your personal desires?
Would you prefer to age in place at home, a 55+ community, or other type of community setting?  Should your health decline, would you prefer to bring someone into the home to care for your needs or would you prefer to move to a community setting ?  Determine what your …

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One Solution to the Costs of Long Term Care – CLASS Act

While the CLASS Act will not cover 100% of the costs of long term care, it is one solution to help individuals subsidize the costs of care that may be received as they age.
The CLASS (Community Living Assistance Services and Support) Act Law, which is part of the Health Care Reform, will be set up …

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Not Ready Yet?

Frequently, families wait until their loved ones need immediate care.  They realize that their loved one is not taking medications as directed, exhibiting strange behaviors (paranoia, forgetfulness, lack of involvement in activities they normally enjoy), and needs additional supervision and assistance.
There are many services available in the home from live-in care, companion care, medical care, …

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Buy In vs. Rental

Many individuals hesitate to consider Independent Living accommodations in a retirement setting. “$200,000 entrance fee”, you ask, “who can afford that?”  While most Independent Living communities have a buy in option that ranges from a $10,000 -  $500,000 or more entrance fee entrance fee plus a monthly maintenance fee, some communities are now providing the …

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Wednesday May 5th, 2010 in Advice, Financial, Retirement Communities | 3 Comments »

Health Care Reform

5 Straight Facts on Health Care Reform
Many of you are asking how the Health Care Reform is going to affect you, your families, our community, and nation as a whole.  The National Council on Aging, a nonpartisan, nonprofit service and advocacy organization, recently provided a document with some Straight Facts for Seniors that you can …

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Wednesday March 31st, 2010 in Caregivers, Financial, Insurance, Medicare, Senior News | No Comments »