Long-Term Care

5 Ways to Protect Your Money in Retirement

Retirement is a celebrated event for obvious reasons. You have worked 30 to 40 years hopefully doing what you love and made a positive impact on …

Retirement

5 Ways Fake News Could Be Sabotaging Your Retirement Plans

We’ve been hearing a lot about “fake news” lately and now there’s some concern that the president’s budget will use overly optimistic economic assumptions. Regardless of how you feel about the budget and the assumptions it’s based on, that’s certainly not a mistake you want to make in your own …

Retirement

Annuity P.I.L.L. Strategy

An annuity should solve for your particular situation, and is not a growth product!<p>The annuity industry has somehow taken a very good product …

Retirement

The Top 5 new retirement trends and how they will affect your retirement

Definition of retirement<p>When you talk about trends, the place to start is clearly the definition of retirement is changing. At one time, retirement …

Retirement

5 Long-Term Care Planning Lessons From 'Willy Wonka And The Chocolate Factory'

Recently, a close family friend emailed me about his long-term care insurance policy, expressing his frustration over yet another premium increase. Despite the rising cost, he still feels good about his decision to have a long-term care insurance policy in place to help protect himself and his …

Retirement

Long Term Care Insurance: Here's What You Need to Know

After seeing their parents need Long Term Care, Richard and Barbara Adams searched for answers.<p>It was the fall of 2008 when Richard and Barbara Adams, recent retirees from the Buffalo School District and a former sales executive at a local newspaper, were on a two-week vacation in the Smoky …

Insurance

Long-Term Health Insurance Cost and Which Company Is Best

The income benefit you receive can then be used to pay for your long-term care and assures that you or your family get the help needed for your …

Insurance

Family left out of the loop by Brampton care home

When Maureen McCartney’s mother, Margaret, moved into a long term care home, she thought it was a perfect fit.<p>Woodhall Park Care Community is just …

Health Care

IMPORTANT. Children Face Debt & Bankruptcy For Parents Long Term Care Under GOP Medicaid Plan.

Sat Feb 11, 2017, 03:32 PM<p>TheMastersNemesis (7,050 posts)<p>Block grants of Medicaid to the states will likely remove financial protections for …

Estate Planning

City cuts special long-term care unit for dementia patients due to costs

The City of Ottawa has closed a specialized unit in one of its long-term care homes that was aimed at giving extra care to residents with dementia …

Health Care

Elizabeth Wettlaufer: Ontario nursing home cited for dozens of ‘medication incidents’

Inspection reports show an Ontario long-term care home where a former nurse is accused of killing seven seniors was taken to task by the province for …

Health Care

70 percent of seniors could face this colossal expense

We hear a lot about how healthcare is a major burden for retirees. In fact, the average healthy 65-year-old couple that retired last year will spend …

Retirement

Lack of staff, baths a concern in long-term care homes in Saskatchewan

Print<p>Staffing levels and a lack of baths are once again topping a list of concerns from residents of long-term care homes in Saskatchewan.<p>The issues …

Health Care

70% of Older Americans Could Face This Colossal Expense

We hear a lot about how healthcare is a major burden for retirees. In fact, the average healthy 65-year-old couple that retired last year will spend an estimated $377,000 on healthcare costs throughout retirement. But while that number paints a pretty scary picture on its own, here's something even …

Retirement

Investors are worried about Wall Street rollbacks by Trump

Well, it’s done.<p>President Trump issued an executive order that could weaken consumer protections for your retirement funds.<p>Last week, Trump signed a “presidential memorandum to delay the Labor Department’s rules that would require financial professionals to put their clients’ interests ahead of …

Retirement

Companies Cutting Back On Caregiver Benefits Does Not Bode Well Long Term

<i>I recently participated in a Q & A with SeniorCare.com's Carol Marak where we discussed the issue of caregiving in the workplace, an issue I consult with regularly in organizations. Here is how our conversation went.</i><p><b>Carol:</b> I read just recently that Family Leave in the workplace has decreased 8% …

Health Care

70 percent of older Americans could face this colossal expense

We hear a lot about how healthcare is a major burden for retirees. In fact, the average healthy 65-year-old couple that retired last year will spend …

Retirement

8 Steps for a Retirement Plan to Live Forever

Longevity in America is redefining retirement planning. A week doesn’t go by where we read about the growth of the centenarian population. That’s the …

Retirement

82-year-old faces manslaughter charge in the death of fellow long-term care resident

Keith Wood, 79, died Nov. 16, weeks after police say he was assaulted by a fellow resident<p>An 82-year-old long-term care resident has been charged …

Crime

Niagara Falls care home left husband in the dark about wife

For 59 years, Fred Rieser never made a decision without his wife, Alma, by his side.But, when it came time for him to make decisions on his wife’s …

Health Care

New long-term care will share facilities with future Corner Brook hospital

Health Minister John Haggie says announcement about future hospital is coming<p>Newfoundland and Labrador Health Minister John Haggie says starting work …

Health Care

Are You Making the Right Retirement Decisions? Find Out Now!

We have a lot of choices to make as we approach, enter and live in retirement. Making the right retirement decisions will impact our emotional and …

Retirement

NAPE president defends long-term care workers following incident at Agnes Pratt Home

81-year-old woman with Alzheimer's was taken from secure unit by man once accused of defrauding her<p>The president of the Newfoundland and Labrador …

Health Care

Families Spend More To Care For Their Aging Parents Than To Raise Their Kids

Shutterstock<p>It costs families more to care for a frail older adult than to raise a child for the first 17 years of her life. Yet, while the government routinely provides a broad range of assistance and free services for children, it offers only limited benefits for those needing long-term supports …

Health Care

7 key ways the long-term care insurance market has changed

The policies are different, the buyers are different, and the goals are different.

Insurance

Florida lets MetLife, Unum boost premiums for long-term care

(Reuters) - Florida's insurance commissioner is allowing MetLife Inc and Unum Group boost long-term care premiums, alleviating financial stress the insurers have been facing from rising medical costs and policyholders living longer.<p>MetLife's Florida subdivisions can increase average monthly …

Insurance

Caring for aging parents requires government support

By 2060, the number of Americans 65 and over will more than double. Because old age is one of the greatest risk factors for most diseases, this will …

Health Care

Squaring-The-Survival-Curve And Retirement Planning

Executive Summary<p>It’s become a well-recognized phenomenon that life expectancies are on the rise, and have been for more than a century now. For …

Retirement

Ontario long-term care operators could face fines for non-compliance

TORONTO -- Operators of long-term care homes in Ontario could soon be fined for failing to comply with rules and regulations.<p>The Liberal government …

Canada

How to set the budget for becoming a stay-at-home parent

Putting your career on hold to be a stay-at-home parent can be rewarding, but this decision may come with significant lifestyle and financial …

Retirement