Critter Corner: Retirement Expenses You May Not Think About

Dear Angel, My husband and I are planning for retirement and trying to figure out our expenses. We have considered fun expenses, such as travel and hobbies and many not-so-fun expenses, including health care, day-to-day bills, … [Read more...]

Is Care Getting More Expensive or Has it Hit its Peak?

Q. My mother has lived alone for the past three years since my father passed away. She is starting to get lonely and needs more help these days. I recently started looking into in-home care as an option. I knew it would be … [Read more...]

Open Enrollment is Now Much Easier

  Nancy had been counting down the days to her retirement for a couple of years now. As the day got closer, she turned in her retirement paperwork to human resources, enjoyed the party her co-workers threw for her, and … [Read more...]

The Long-Term Care Crisis: What you Need to Know

Geri and Dale are both 70 years old and in average health. They both have a history of dementia in their families and they are aware that the need for long-term care for one or both of them one day could be a real … [Read more...]

Are VA Nursing Homes Free for Veterans?

Q. My father is a Vietnam veteran who will almost certainly need nursing home care in the future. Will the Department of Veterans Affairs (VA) nursing home system take care of him for free? Are VA nursing homes as good as private … [Read more...]

The State of Long-Term Care

Susan and Joe never thought that they would need long-term care. They were both healthy eaters, marathon runners, and world travelers. To their surprise, when Joe was 67 years old, he developed Parkinson’s. At first, it wasn’t too … [Read more...]

What to Do When Long-Term Care Insurance Premiums are Skyrocketing

Q. Last week my friend, Patty, received notice of a substantial increase in her long-term care insurance premiums. She was so upset that she fired off an email to the Virginia Insurance Commissioner, Scott White, exclaiming how … [Read more...]

The Cost of Long-Term Care is On the Rise

Stanley and June Blum have been married for more than 75 years and are approaching the second century of life. Stanley is 97 and June is 96. Stanley is a retired shoe-industry executive who paints and writes poetry, while June is … [Read more...]

Will You be a Financial Burden to Your Adult Children?

Lois has a long history of money mismanagement, but she’s gotten much better about saving money as she’s gotten older. When her mother died, Lois inherited a modest sum, and was quite disciplined with the money. She didn’t buy the … [Read more...]