Even though we have experienced a cycle of more than 10 years of economic growth, many wealthy retirees are reluctant to spend money for fear of running out of cash. Bloomberg.com is reporting many retirees, and near-retirees are sitting on…
With the boom in the elderly population, the technology industry has taken initiative to develop technologies that assist the elderly in many ways. There are continuous developments and implementations of inventive digital Internet of Things (IoT) solutions that transform the…
Kevin was watching his wife Winnie in her nursing home room with tears in his eyes. The medical staff just finished inserting a feeding tube into Winnie – an act Kevin knew she didn’t want. Unfortunately, Winnie couldn’t express her…
The need for estate planning becomes more and more critical as we get older. Many people avoid estate planning because they do not want to think about the end of life, failing health, or disability. Others believe that an estate…
Your golden years should not be tainted by never-ending financial issues. The stress that money problems bring not only ruins your aging experience but can also be disastrous to your health. Rising health care costs and your increased need for…
Envision your grandfather, Martin is elderly and his health has deteriorated to a point where he is now unable to make decisions for himself. A court appoints you to be Martin’s guardian of property, to help Martin manage his money.…
Nursing homes are required by law to employ qualified licensed nursing staff and maintain certain government standards of care. According to McKnight’s.com, fully three-quarters of nursing homes seldom meet the federally registered nurse (RN) staffing level guidelines. In particular, on…
The US Census Bureau estimates that there will be 92.1 million Americans that will be 65 or older. Senior Americans will constitute slightly over 20 percent of the population as a whole if these projections are accurate. By the year…
The likelihood of becoming disabled for a period of time is a possibility for many people. Some projections are estimating that Americans in their 20s today have an approximate 30 percent chance of experiencing a disability profound enough to cause…
A certain level of risk is always present when shopping. Unfortunately, seniors are often more vulnerable to these risks. The holiday season often brings with it criminals who are targeting shoppers, both in stores and online. Below are some tips…