For many people, your 20s and 30s are spent building careers and creating families. However, today’s millennials face an additional challenge: Many of them are serving as caregivers for family.
Healthcare can be a daunting prospect for seniors, namely because health issues can creep up as people age, and because Medicare comes with a lot of hidden costs that seniors aren’t well-prepared for. However, if there’s one health-related expense that can really catch retirees off-guard, it’s none other than long-term care.
Can a nursing home make a person who is in the home liquidate money in an IRA and spend it down to pay for care, before they can apply for Medicaid?
If you served the United States of America as a member of the armed services, you may be entitled to certain benefits that could make some aspects of getting older a little easier.
If you haven’t discussed your parents’ long-term financial goals with them, you aren’t alone.
Many people are frightened of long-term care costs—for good reason.
There are plenty of aging parents out there making life difficult for their adult children…