Elder care

Emotional and financial demands change from pets to children to parents.

Life insurance proceeds could help recoup costs resulting from taking care of an aging parent.

Home health aides, assisted living, or nursing homes can be a major expense.

Try to strike a balance between quality of care and your optimal retirement lifestyle.

Retirement is a journey that should start early with steady navigation. Have a road map.

Most family caregivers act out of love, but can incur costs that may impact their own financial well-being.

Swapping life insurance for long-term care options can be a possibility.

Depending on their financial picture, certain groups of people could potentially gain from LTC coverage.

To retain control of your options as you get older, make plans and formalize key documents ahead of time.

Can you help your aging, financially struggling parents without compromising your future financial security?

Seniors are turning to home-sharing programs and cohousing communities to help with the bills and chores.

If your mom does not have certain plans in place, she may be vulnerable to financial risk.

Protecting the financial well-being of seniors takes the support of family members and friends.

Forgetfulness or diminished mental capacity: One can be troublesome; the other, financially dangerous.

It's critical that those closest to seniors watch for possible red flags.

Scammers defraud seniors of billions of dollars per year, but you can take preventative steps.

Open, honest dialogue with spouses, kids, and aging parents can potentially help you meet your financial goals.

Follow treatment plans, keep appointments, and be honest.

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