Paying for caregivers for a loved one because they develop health or mobility issues is expensive. Seventy-seven percent of adults 50 or older prefer to stay home as they age. The problem is that staying home with a caregiver may not be financially feasible, and moving to a facility is expensive too. The caregiver’s cost […]

Have you heard of Long Term Care (LTC) Insurance and wondered what it was? Unlike traditional health insurance, long-term care covers long-term services and supports. Coverage includes personal and custodial care in various settings, such as your home, a community organization, or other facilities. Health insurance covers doctor’s appointments, hospital treatment, home health, and skilled […]

When a person has Medicare, there may come a time they have questions or need an advocate.    Many may look online for information.  Some may reach out to a health insurance broker/agent to see if they can be a resource.  There is a free program available to California residents called HICAP (Health Insurance Counseling and […]

Once people are in their 50s, they start thinking about retirement. Some people start putting away more funds into an investment account or bank account, and some start calculating their retirement age (65 or 70). Surprisingly 47% of people retire sooner than planned, which could be because of company layoffs followed by the inability to […]

Previously mentioned were the top five scams exploited in the aging community, but there are additional scams people should be aware of. Everyone is subject to scams, but the older generation tends to fall, victim, because the deceptions appear genuine, and the person may not recognize the dishonesty. Scams come in many forms, including text […]

Elder Abuse Scams are soaring. Older people get swindled out of more than $3 billion yearly. 3.5 million seniors are victims of financial exploitation each year, with an average loss of $34,200. Every day, older adults are harmed by mistaken assumptions and inadequate assessments of their decision-making capacity in the criminal and civil justice systems. […]