Retirement Planning Tools

Here are some retirement planning tools for you to consider.  It is never too late to start planning and saving for your retirement once you have entered the job market.  I know this sounds crazy to someone under the age of 30.  However, for those of us 50 or over, we know how quickly the … Continue reading Retirement Planning Tools

The Sandwich Generation

Are you a member of the Sandwich Generation?  It is estimated that 24 million Americans are Sandwich Generation caregivers: individuals who have a parent aged 65 or older who are also caring for at least one dependent child.  In fact, 33% of the Baby Boomers and 42% of Gen Xers fit this category.  That means … Continue reading The Sandwich Generation

Growing Old Alone in America

Growing old alone in America; something which is apparently becoming more common throughout the country.  Interesting, since I seem to be reading just as many articles recently about multigenerational families living together for economic and support reasons. No children, no relations living nearby Widow or widower, divorced, never married; not an unusual scenario for the … Continue reading Growing Old Alone in America

Filial Responsibility

Filial responsibility is something that until recently I had never heard of, but something which might impact any of us with someone who is receiving long term care. The Facts Filial responsibility means that adult children can be made financially responsible for their parents’ nursing home and long term care facilities when the parents can’t … Continue reading Filial Responsibility

Prepare Now for 2013

We should all take a few moments and prepare now for 2013 and whatever may come our way in the days ahead. Specifically, prepare now for 2013 by: 1.  Making it a routine to back up all of your gadgets: phones, computers, tablets on a routine basis. 2.  Routinely clean the screen of your phone, … Continue reading Prepare Now for 2013

Happy Holidays???

This time of year does not necessarily mean happy holidays for everyone.  This could be due to several factors: 1.  You are still not economically stable, due to unemployment, underemployment, foreclosure, high debt levels…. 2.  You live in a part of the country where the weather is changing: dark, dreary, and cold days, with the … Continue reading Happy Holidays???

Planning and Paying for Your Retirement

I attended a very informative webinar today from the American Society on Aging which focused on the Baby Boomers and retirement decisions which we should or will be facing.  Let me emphasize one more time: begin planning for your retirement years today, no matter what age you are. The facts are sobering: 1 in 4 … Continue reading Planning and Paying for Your Retirement

The Costs of Being a Family Caregiver

Are you currently the family caregiver for an aging relative?  Chances are you are also spending your own money to provide this care; approximately $5,000 a year or more.  The number of adults taking care of elderly/aging relatives has tripled in the past 15 years, and will probably continue to increase in the years ahead … Continue reading The Costs of Being a Family Caregiver

Are You Financially Prepared to Live a Long Life?

Today something different from my usual comments regarding the state of health care in this country, but of equal concern for all of us. Did you know: 1.  The average age expectancy of someone who is currently 50 years of age is 81? 2.  The number of Americans 90 and older tripled between 1980 and … Continue reading Are You Financially Prepared to Live a Long Life?

Long Term Care Considerations for Our Future

In the October, 2011 issue of “Caring”, published by NAHC, the National Association for Home Care and Hospice, Val Halamandaris cited the following statistics: 1.  Beginning in 2011, and for the next twenty years, the 78 million baby boomers will be retiring at the rate of 10,000 a day. 2.  There are, in addition,  12 … Continue reading Long Term Care Considerations for Our Future