Financial Wellness
4 Essential Considerations as you Prepare to Care for a Love One
Preplanning is an important aspect of caring for someone you love. In fact, understanding your loved one’s wishes sets a solid foundation for your future together. This is especially true if you are caring for a loved one with a chronic medical condition. However, you may put off broaching this topic with your loved one…
Read MoreInnovative Insurance Plan Brings Relief to Caregivers
In the late 1990s, my father-in-law was diagnosed with lung cancer. Thankfully, he received treatment and returned to normal life. Then in 2014, the cancer returned with a vengeance, spreading to other organs. By fall we knew that he would need reliable assistance, so my husband resigned from his job and took the lead in…
Read MoreLooking Ahead: Planning for Long-Term Care Before You Need It
You’re diligently saving money for retirement, so you’ll be able to live comfortably as you age. But if you’re not accounting for long-term care costs, you could be in for an unpleasant surprise. Many adults don’t realize that long-term care isn’t covered by most health insurance, and as a result, fail to plan for this…
Read More4 Tips to Help you Figure Out the Costs of Long-term Care
ID 39231063 © Monkey Business Images | Dreamstime.com For many American seniors, figuring out how to pay for future care needs can be stressful. Long-term care can be expensive, and Medicare doesn’t pay for everything. If you, your spouse, parent, client, or partner have health issues in the future, you may need to stay…
Read MoreFind Peace of Mind by Financially Planning for Long-Term Care
For seniors and family members, planning for health care typically revolves around planning for Medicare coverage. But for the many seniors who will need long-term care, Medicare offers little peace of mind in terms of paying for expenses. So, if you are making health care plans for you or an older loved one, using the…
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