According to a recent Pew survey, the share of the total U.S. population that is age 65 and older has more than tripled over the last century, from roughly 4% in 1900 to 14% in 2012. Recently, the Pew Research Center interviewed a subset of the aging population (nearly 2,000 adults), providing a glimpse into […]
How to Ensure That Your Organ Donation Wishes Are Honored
Ted was a hard-working plumber who died from an unexpected heart attack at the age of 53. He was very chatty and often talked to his clients about what was on his mind while he worked. One of his clients, Rachel, recalls that he mentioned his desire to donate his organs, should anything happen to him, to help others […]
Veterans Guide to Long Term Care
Mr. Garcia is a 73 year old Vietnam Veteran who served in the Marines. He lives at home with his wife and was recently diagnosed with Alzheimer’s disease. He feels disoriented in his neighborhood and has forgotten his way home a few times. His wife worries about his safety. Luckily, the United States Department of […]
After the Turkey Dinner…Take a Walk!
You just enjoyed turkey and all the fixins’ with family and friends. Before the tryptophan starts kicking in and making you sleepy, why not take a walk? You may feel like sitting on the couch after the big meal, but if I told you that physical activity helps stave off depression, dementia and other health […]
Giving Thanks for Growing Older
As we get older, simple things like tying our shoes become challenging and that quick memory we took for granted when we were younger suddenly evades us. It is easy to get caught up in what we have lost, but let’s not forget about all that we have now, and what we have to look […]
Caregiver Contracts are a Growing Trend
Nearly 44 million adult caregivers (21 percent of the U.S. adult population) provide care to seniors or adults with disabilities. On average, these caregivers provide 21 hours of care a week; and the average length of time spent providing care is 4.3 years (source: AARP). Many caregivers have to balance their family duties with their […]
Ask the Expert: What are the Costs of Aging in America?
Q. My 65th birthday is just around the corner. I retired from a job that I loved last summer and I think that I am ready for what lies ahead. The problem is, I am not sure if I can afford it — future long-term care costs in particular are making me very nervous, because […]
Identifying the Signs of Autism Earlier will Lead to a More Productive Life
When Matt was a baby, his parents became concerned early that he never looked anyone in the eye, didn’t respond to sound, and missed several developmental milestones, such as pointing and waving. He was their first child and the possibility of autism was the farthest thing from their mind. To them, he was just a […]
The Older Americans Act Reauthorization is Important for Long-Term Care Consumers
The Older Americans Act (OAA), enacted in 1965, was designed to provide services and funding in every state to support the dignity and welfare of seniors age 60 or older. These services focus on improving the lives of older people in areas of income, housing, health, employment, retirement and community services. The OAA is required […]
Guardianship Revisited: a Serial 911-Caller and a Bigamist
A “guardian” of an adult is a person appointed by the court who is responsible for the personal affairs of an incapacitated adult, including responsibility for making decisions regarding the adult’s support, care, health, safety, habilitation, education, therapeutic treatment, and residence. A “conservator” is also appointed by the court, and is responsible for managing the estate […]
LGBT Seniors Find Challenges in Assisted Living and Skilled Nursing Facilities
Marlene, 81, and Charlotte, 77, have been together for 43 years. If one or both of them needs long-term care in the future, their first choice would be getting private in-home care by Marlene’s sister, Vera, but they realize that a skilled nursing facility or assisted living center is always a possibility. Marlene and Charlotte […]
Ask the Expert: Can I really save $11,000 annually if my planning is done earlier?
Q. Recently, my family had a reunion. Since I have six brothers and sisters, it was a huge event that included many relatives that I hadn’t seen in years. At dinner, my distant cousin Marty who is a few years older than me and whose wife Danielle recently had a stroke at the young age […]
Speaking Two or More Languages May Delay Dementia Symptoms
Edith is bilingual and speaks English and Spanish fluently. This has been helpful throughout her life, in her career, and in her travels. She was recently diagnosed with early onset dementia.What she didn’t know until now is that speaking two or more languages is helping delay the damage of the dementia, a new study suggests. In a recent study in the journal Neurology, researchers found that […]
November Is National Family Caregivers Month
There are as many as 90 million family caregivers in the U.S. today, and their contribution is thought to be equivalent to $450 billion in caregiving services every year. This number is steadily increasing, as more Americans are caring for a loved one with a chronic condition, disability, special need, or the frailties of old […]
The End-Of-Life Conversation: What if it NEVER happens?
Greta was very close with her in-laws, and often referred to them as “the parents she never really had.” When her father-in-law, Chuck, started to show signs of dementia, she stepped in immediately to help. For as long as Greta could remember, Chuck and the other members of the family were completely averse to having […]
Major Carriers of Long-Term Care Insurance are Exiting the Market
According to a recent report by the Office of the Assistant Secretary for Planning and Evaluation (ASPE) and the U.S. Department of Health and Human Services (HHS), changes in the Long-Term Care (LTC) insurance market, including higher-than-expected benefits and lower than anticipated returns on investments, have caused many major carriers to exit the market. Why […]
Ask the Expert: Gifting and the New Gift and Estate Tax Exclusion Numbers
Q. My son, Eric, recently got married to Jennifer, and my mother, Olivia, would like to give them a gift of $10,000 for their nest egg. She also has a history of giving small monthly gifts to the animal shelter. If my mother requires nursing home care next year (which we think is possible), would […]
Social Security Recipients to Get 1.5% More in 2014
Nearly 63 million Americans receive either Social Security or Supplemental Security Income (SSI) benefits. In 2014, these recipients will see their benefits rise 1.5%, thanks to annual cost-of-living (COLA) adjustments. Beginning in January 2014, for the average retiree, monthly benefits will rise $19 to $1,294. In addition to benefit amounts, inflation will also affect other Social Security-related figures. The maximum wage base on which Social Security payroll […]
New Guides Available for Financial Caregivers
There may come a time when a loved one entrusts you with his or her financial business, by way of a Power of Attorney, designating you as his or her agent (also called attorney-in-fact). As an agent, your role is to manage your loved one’s legal and financial affairs. At times, the important role of […]
November is Long-Term Care Awareness Month: A Time to Plan Ahead
November is Long-Term Care Awareness Month, a time for families to educate themselves and prepare for potential long-term care needs. Planning ahead for long-term care better prepares families to live well in their later years. Below are some facts about the senior population and the growing need for long-term care in the United States that […]
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