Q. April 15 is quickly approaching, and my husband and I are planning on doing our taxes soon. As retirees, I know that there must be some deductions that we may be overlooking. Of course, similar to most seniors on a fixed … [Read more...]
The Financial Problems of CCRCs
March 8, 2017 by 1 Comment
A Continuing Care Retirement Community (CCRC) is an age-restricted community where, in most cases, incoming residents must be at least age 55 or older. The facilities offer independent-living units, assisted living units, and … [Read more...]
Have You Prepared for Your Digital Afterlife? Most People Haven’t.
March 3, 2017 by Leave a Comment
Q. My mother is very tech savvy. She is always on Facebook posting pictures, articles, and recipes. She uses online bill pay to pay most of her bills, and Microsoft Office 365 to keep a daily diary in Word and her monthly budget … [Read more...]
Military Families Feeling Financially Stretched by Elder Care
March 1, 2017 by Leave a Comment
Captain David Steere’s father was a Class of 1931 Naval Academy Graduate. At the end of his life, he was living in assisted care and having trouble making ends meet. David is now retired from the Navy himself, and is concerned … [Read more...]
Critter Corner: What Exactly is a CCRC and Is It Right for My Mom?
February 24, 2017 by Leave a Comment
Dear Ribbit,We are looking for the right living arrangement for my mother. We have considered assisted living (AL), but she will likely need more care that an AL facility can provide in a couple of years. I heard about … [Read more...]
Comparing Aging-in-Place vs. Assisted Living
February 24, 2017 by Leave a Comment
Q. My father passed away last year, and my mother has lived alone ever since. Her colonial-style home is becoming difficult to navigate due to her mobility issues. She has fallen several times and we are worried about her. She … [Read more...]
