Updated: NAIC Shopper’s Guide to Long-Term Care

The potential need for long term care is a topic most people would rather avoid. But not talking about it doesn’t make the issue go away. It only delays planning and leads to potential confusion and financial impact for not just those who may need care, but their family and friends. The reality is that … Continue reading "A Social Experiment | What Are The Chances?"

Have you planned ahead to secure your financial future? In today’s world, home is more important than ever. It’s the one place we all feel safe and secure. November is National Long-Term Care Awareness Month, an event recognized by Congress and a number of states, designated to educate Americans on the growing need for long-term … Continue reading "November Is Long-Term Care Awareness Month!"

Inflation is fueling cost increases at nursing homes and assisted-living and independent-living facilities, which is tough for seniors on fixed incomes Eldercare facilities are raising prices and adding new fees, straining older Americans and their families who step in to help. Dan Gallo recently received a letter saying a new inflation-related daily fee of $25 … Continue reading "Another Inflation Stress: Rising Costs of Senior-Living Homes Strain Families"

By Kimberly Bonvissuto | McKnights Senior Living The majority of older adults (79%) responding to Genworth’s Caregiving in COVID-19 Beyond Dollars Study 2021 said they preferred to receive care in their homes, but only 42% actually received assistance at home. Comparatively, 5% said they wanted to be cared for in an assisted living community, whereas … Continue reading "Family feels less guilt when loved one moves to assisted living versus nursing home: study"