You probably intend to organize your financial and other personal documents “when you get around to it,” but the task can seem overwhelming. Once done, however, organizing your financial affairs will give you and your...
You probably intend to organize your financial and other personal documents “when you get around to it,” but the task can seem overwhelming. Once done, however, organizing your financial affairs will give you and your...
As families change, multigenerational living situations become more and more common. Should you consider multigenerational living arrangements? Here’s what you need to know. What is multigenerational living? Multigenerational living occurs when two or more generations,...
The COVID-19 pandemic shut down most of the American economy, triggering massive job layoffs, furloughs and pay cuts. In March 2020, the federal government passed the Coronavirus Aid Relief and Economic Security (CARES) Act to...
Most mortgage loans are made to people who are still earning income from a job. It can be tough for retired people living on retirement savings to get approved for a mortgage. An asset-based mortgage...
Each day another 10,000 baby boomers enter retirement and face choices about where to spend their golden years. There’s a lot to think about when it comes to choosing where to retire. Let’s take a...
Downsizing is the byword in the soon-to-be-retired set, shedding the outsized house for smaller, more manageable living. But before you sell your house, develop a plan and answer these questions. Where do you want to...
When aging family members requires intense medical care, it’s time to consider moving them to a nursing facility. These facilities are licensed by the states and fall into two categories: intermediate care and skilled nursing...
When seniors first show signs of needing help with medical and daily personal care, it’s time to consider moving to a community that provides what’s known as assisted living. When you need a hand. Once...
Active adult communities are for healthy seniors who are in search of a vibrant lifestyle with lots of leisure activity options. Age requirements. There are two types of active adult communities. One is the age...
Seniors with memory disorders, such as Alzheimer’s disease, require specialized care and housing. Let’s look at what a memory care facility offers and what you need to know when making a decision for a loved...