Most of us go to the dentist for our annual cleaning and checkup. When we are there, regardless of how our teeth look, we get asked the dreaded question about flossing our teeth. We don’t want to lie, but it doesn’t sound so good when we admit to … [Continue reading]
Teaching Grandchildren about Finances
Dear Oakley, I’ve been thinking about gifting money to my grandchildren. Before I do so though, I’d like to teach them about financial responsibility. As a financial planner who works with seniors and their loved ones, how do you suggest … [Continue reading]
Giving Gifts to Grandchildren Without Wrecking Your Own Financial Future or Creating a Sense of Entitlement
Q. I have six grandchildren -- three from each of our two daughters. They live close by so I see them often and adore every one of them. I am not getting any younger and have some money I’d like to gift to them now, while I am still alive, so I can … [Continue reading]
National Coverage Determination Analysis on Treatment for Alzheimer’s Disease
CMS NEWS (released on 7/12/2021 by CMS) CMS Opens National Coverage Determination Analysis on Treatment for Alzheimer’s Disease Thorough Process Will Enable Careful Consideration of Coverage and Incorporate Public Input Today, the Centers for … [Continue reading]
This Octogenarian Finally Gets to Travel to Space
Many of us have plans for our octogenarian years. Some of us want to spend time at the beach, others want to travel to places we’ve never been, and there are others who want to spend as much time as possible with their children, grandchildren, and … [Continue reading]
New Law Vastly Improves Transparency in Doctor-Caregiver Communication
Q. I regularly accompany my wife, Liz, to her neurology and primary care appointments for her dementia care. Doctors, nurses, and medical assistants often rush in and out, rarely spending time or making eye contact with us. Instead, they stare at … [Continue reading]
Smithsonian Program Brings Art to Seniors with Dementia
Dear Angel, I am a caregiver for my mother, Carrie, who has dementia. She has always loved art and I have noticed that when she looks at a painting, she starts expressing herself. Are there any art programs in the area that I can take her to? … [Continue reading]
Is Your Home Safe for a Loved One With Alzheimer’s?
How does someone go about eliminating potential hazards and what changes need to be made to help keep a person with Alzheimer’s safe? A Home Safety Checklist for Living with a Loved One with Alzheimer’s A wide range of safety concerns may arise … [Continue reading]
Aging Technology in Long-Term Care Facilities
Dear Oakley, The pandemic is hopefully over and things are getting back to normal. I remember how long-term care facilities were affected by the pandemic. Is there any new technology to help provide more protections for residents and … [Continue reading]
Can Carebots Look After Your Senior Loved Ones?
Q. Caregiving for my mother, who has dementia, has been really challenging both physically and emotionally. I admit that I need help, but hiring someone is so expensive and it’s often hard to find the right person, especially with the shortage of … [Continue reading]
Could a 3D Printed House Be the Answer to Affordable Retirement Housing?
Rachel and Len have lived in Northern Virginia for their entire lives. During their 50 years of marriage, they raised three children, who all also reside in the Old Dominion state. They want to be near their children and grandchildren for as long as … [Continue reading]
How Do I Properly Revoke a Power of Attorney?
Dear Hayek, I appointed my son to be my agent under my Power of Attorney five years ago. Since then, he has shown his true colors as a spendthrift with massive credit card debt. I don’t think I can trust him to handle my finances, should I become … [Continue reading]
When Should I Update My Power of Attorney?
Q. I’ve had a Power of Attorney in place for two decades now. I have moved since then and have had several life-changing events occur. I’m wondering in what instances should someone update their Power of Attorney? What happens if I don’t update it? … [Continue reading]
What Happens When You Inherit an IRA from a Non-Spouse?
Marty’s brother, Ed, passed away suddenly. He never got married or had children, so he passed everything, including his Individual Retirement Account (IRA), to Marty. During one of the most difficult times in his life, while grieving for his deceased … [Continue reading]
FDA Approves an Accurate Test for Autism Spectrum Disorder
Q. I am in my mid 50’s and sometimes I think I am on the Autism Spectrum, though I was never formally diagnosed. I experience anxiety in social situations, avoid eye contact whenever I can, and am fixated on certain things. I remember seeing Elon … [Continue reading]
Is there a Link Between Alzheimer’s and Down Syndrome?
Dear Oakley, My neighbor has Down Syndrome. I read somewhere that there is a link between Down Syndrome and Alzheimer’s. Is this true and if so, what research is being done? Thanks! Khan Nexion --- Dear Khan, Every year, about 6,000 … [Continue reading]
After the Covid-19 Pandemic—How It Has Impacted Retirement
Jane and Steve were planning on retiring in five years. Now, a year after the COVID-19 pandemic, those plans have changed. When Steve’s business wasn’t doing well this past year, they couldn’t contribute to their retirement accounts, as they had … [Continue reading]
FDA Approves New Alzheimer’s Drug—But Does it Work?
Q. My family has a history of Alzheimer’s disease. We heard that a new drug for Alzheimer’s was just approved by the FDA. The process for its approval seemed kind of fast and it seems that Alzheimer’s drugs in the past have been unsuccessful. Could … [Continue reading]
Is Early Detection and Treatment of Alzheimer’s Possible Before Symptoms Arise?
Dear Angel, There’s been so much talk about the new Alzheimer’s drug that was just approved by the FDA. I’m wondering-- what progress has been made when it comes to early detection of Alzheimer’s, before symptoms arise? Thanks! Earl E. … [Continue reading]
Is it a Burden? – Caring for Parents When Your Relationship is Strained
One third of all Americans are unexpectedly caring for their senior parents. Many of these families had strained relationships before their adult children assumed the role of caregiver, yet these adult children still feel it’s their duty to help … [Continue reading]
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