Study: Elderly’s Family Caregivers Need Help Too
Nearly 18 million people care for a relative older than 65 who needs help, yet “the need to recognize and support caregivers is among the most significant challenges” facing the nation’s swelling elderly population, their families and society, according to the report from the National Academies of Science, Engineering, and Medicine. Describing family caregiving as […]
Think You Are Too Young To Worry About LTC? Think Again!
I just read that the Centers For Disease Control and Prevention (CDC) says “The percentage of adults aged 45 to 64 years who reported needing help with activities of daily living such as eating, bathing, dressing, or getting around inside their residences has increased nearly 50% from 2000 to 2015. This was published in their […]
Alzheimer’s Is Expensive
Alzheimer’s Disease is the 6th leading cause of death in America. By age 65, one in eight has it. By age 75 it’s down to one in four, and by 85 fully half of us already have it. If you live long enough, its almost inevitable. Alzheimer’s is not preventable, and not curable. At first you will […]
Childless Couples Need To Do This Retirement Planning
Alyssa Oursler, Special for USA TODAY June 29, 2016 The number of Americans without kids has been increasing steadily for decades, with the percentage of women ages 15 to 44 who are childless nearing 50% as of the last Census report. At first glance, childlessness may seem to be the trend that bodes the best for […]
Is Motel 6 WhereYou Plan To Retire?
Tom Bodette will leave the light on for you, but do you really want to stay there? I surely do not! And I do not want to end up in a welfare nursing home either. Many people think that you get the same care on Medicaid as you would by paying for your care. The […]
LTC Insurance is Too Expensive!
Lately I have seen clients shown proposals to purchase Long-Term Care insurance with premiums exceeding $10,000 a year for a couple. This is ridiculously expensive for most couples in their fifties, and is probably because the insurance amounts are way too large to be appropriate. Some insurance agents who “dabble” in LTC insurance products think that everyone […]
If You Need To Use Your LTC Insurance, I can Help
Most people who purchased LTC insurance hoped they would never need to use it, just like their car insurance, but the time does come for many of us. That is when we are reminded about the elimination period that we chose way back when we purchased it. Call it a deductible if you will, it […]
Where’s The Disconnect
This post, in it’s entirety, is reprinted from a chapter in the book “Surviving Alzheimer’s with Friends, Facebook, and a Really Big Glass of Wine”, written by my very good friend Honey Leveen, a first rate Long-Term Care insurance agent in Houston, TX “Where’s the Disconnect?” by Honey Leveen, The Queen, by Self-Proclamation, of Long-Term […]
Do You Have A Gap In Your Plan?
Hopefully you have planned and saved to have an income you can live on in retirement. You planned to use Medicare and either a traditional supplement or a Medicare replacement plan (advantage) to cover health care costs. Hopefully your other available income can be used for basic living expenses, travel, and some fun. Would an […]
“Mind Your Own Business”
“Mind your own business”. How often we have said that to our children or other heirs. That statement does not help those trying to help you when you can no longer handle your affairs on your own. It is very important that you make the caregivers, or power of attorney aware of what resources you […]
