There are better ways to pay for your Long Term Care insurance (LTCI) premiums. Some involve paying for premiums with tax-free money or deducting premiums on your taxes. Consider these four tax-friendly ways to pay your LTCI premiums. Continue reading
Did you know the odds of choosing the perfect bracket for the NCAA men’s basketball tournament are incredibly small? The odds are so small that even mathematicians argue on the actual estimation of the odds of winning.
Some believe the odds of winning March Madness are as low as 1 in 9.2 quintillions (or 1 in 9,223,372,036,854,775,808 for you detailed readers). While others think the odds are closer to 1 in 128 billion. Either way, picking all the games correctly is borderline impossible. Continue reading
When buying a Long Term Care insurance policy, there’s no one-size-fits-all plan. Coverage can be customized to fit your needs and budget. When shopping for coverage, it’s important to understand the difference between a daily and a monthly benefit. This feature can determine how much money is paid out in a claim. Continue reading
While exercise, eating healthy, and quitting smoking are important steps for a long, healthy life, good relationships can also increase your lifespan. People with strong social relationships increase their odds of survival by 50% over time.
Aging presents physical and mental health challenges making social isolation rampant among older adults who lose mobility, lack transportation, or live away from family. Social isolation can lead to an increase in depression, loneliness, and even a shorter lifespan. Continue reading
Feeling overwhelmed or anxious as a family caregiver can be a normal feeling. A geriatric care manager can help relieve stress by helping you make caregiving decisions, supervise care, and navigate the elder care system.
Learn more about the role of geriatric care managers and how they may be a helpful resource to make daily life easier for you and your family. Continue reading
Aging in America is being transformed by the baby boomers, the 76 million Americans born between 1946 and 1964. Over the next decade, this generation will face both opportunities and potential crises. Their effect on aging in America is only their next stop as baby boomers changed every stage of life since their beginning. Continue reading
Almost everywhere around the world, people are living longer and fewer children are dying. While this is great news, it comes with a different kind of challenge. People who are living longer are dealing with more chronic diseases, disabilities, and the effects of old age later in life which are taking a big toll. Continue reading
It’s safe to say, no one buys insurance because they hope they’ll use it. Insurance is often associated with something bad or negative happening. Most people think about insurance once a year during Open Enrollment at their work, or if a life event takes place which makes them think about getting covered.
There are a few exceptions to this. For example, you may pay for medical, dental, or vision insurance through payroll deduction at work. This is coverage all people can benefit from with annual preventive care visits to help you stay healthy. Continue reading
The new year is a great time to pause and reflect on the great moments and challenges of the past year while looking to the future and making goals for the new year. This type of annual review can help you make sure you’re living your best life. Continue reading
Getting the government to pay for your long term care doesn’t sound like such a bad idea. The only problem is, many don’t realize the downside of what Medicaid offers individuals for long term care services. And many times, the care services are not up to their personal comfort and standards. Continue reading