According to surveys conducted among the elderly, their top three concerns about aging are: Remaining independent in their home without intervention from others Maintaining good health and receiving adequate health care Having enough money Read More >
Finances
Learn from Your Parents – A Failure to Plan is a Plan to Fail
According to a report from USATODAY/ABCNews/Gallup Poll, 41% of Baby Boomers are caring for their elderly parents, either personally or financially or both. Many of these caretakers find themselves in a situation where their parents did little or Read More >
3 Signs Your Aging Parents May Have Issues Managing their Money and How You Can Help
As our parents age, many of the routine activities they performed when they were younger – cleaning house, paying bills, grocery shopping – become difficult for them. This may be for physical reasons - arthritis, for example – emotional reasons – or Read More >
Three Financial Resolutions for the New Year
The New Year is a perfect opportunity to look back, to look forward and to make changes. Let me share with you three strategies that I resolved to implement relative to handling my aging parents’ finances. These actions removed a lot of the stress Read More >
5 easy ways to help protect your aging parents’ cash
Having a discussion with our parents about their finances is hard. For us, it may bring back memories of those uncomfortable teenage sit-downs with mom and dad. For mom and dad, it can bring up a range of emotions: Suspicion: “Why are you Read More >