Financial matters are complicated to begin with. Imagine having to manage money if you or your loved one is cognitively impaired or has memory problems causing poor judgment. Seniors as a group are a prime target for scammers – by phone, mail and visits to where they live. It is unethical, immoral, mean spirited ...
31
Dec 2014
Do you know the commercial of a family at a restaurant and both father and son reach for the check. Then the voiceover – He is doing well, hope he is saving, Hope he saved enough….. It is poignant because it shows that both adult children and older parents are thinking about finances. Money ...
01
Dec 2014
Reverse Mortgage as Financial Tool Reverse Mortgage may be worth exploring for financially strapped seniors. Is your home the answer to financing your care in old age? Maybe yes, Maybe no, as a Boomer, if the FONZ recommends a Reverse Mortgage, I might just look into it AAAYYY! There is no debate that hiring an in-home ...
Boomer Generation: Caught in the Middle Boomer or Sandwich Generation middle agers facing college tuition, financial assistance to older parents and saving for their own retirement, the pressure can be overwhelming. Who to help first? You can’t sacrifice your nest egg savings and you can’t watch your children and parents flounder. Planning is KEY fpr ...
Fundraiser for Families with PD Thank you to Abbey Delray South for hosting this Fundraiser. They also host a monthly luncheon with guest speaker to residents and others in the community who are dealing with Parkinson disease. Paradise Home Health Care Invites you to spend an evening with award winning author ...
17
Oct 2014
Elder Care Expenses Elder Care for anyone with physical or cognitive impairment is challenging and very expensive. Most adults prefer to remain in their own home. Here are a few ways to find income to cover the cost of care. Whether assisting a loved one with either physical or cognitive declines (sometimes both) expenses add ...
02
Oct 2014
Medicaid Allowance: Good news from Florida… Medicaid has again revised one of its regulations. The “Personal Needs Medicaid Allowance” has been increased to $105.00 (up from $35.00) effective July 1, 2014. The Personal Needs Allowance is the amount of income a nursing home resident who is receiving Florida Medicaid long-term care benefits may retain ...
10
Sep 2014
Veteran Aid and Attendance Gives Monthly Stipend The Veteran Aid and Attendance is a benefit paid now for service done years before. The Veteran’s Administration has many types of benefits for Veterans who served in the U.S. Armed Forces. Some also include Spousal Benefits. A lot of seniors who served in WWII and Korea are already ...
19
Aug 2014
Finances are a tough topic to address as it is personal. An individual’s view of money may be quite different from your own Boomer point of view. Parents of the WWII generation may find it unseemly to discuss finances with anyone and with their adult children in particular. However, money is what it still takes for food on the table, ...
Do I Just Call LTC Insurance and Open a Claim? LTC insurance is used to pay for private duty personal home care. As a Geriatric Care Manager for a Senior Services company in South Florida, I meet with many elder folks when they need assistance at home. Either they sustained an injury- fall or hip fracture, ...
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