Tag: retirement planning
5 Ways to Break the Rules of Retirement Planning
We all want our loved ones to be financially stable in retirement. But some of the conventional wisdom about retirement planning could be just plain wrong. There’s no shortage of articles touting the “rules” for guaranteeing a perfect retirement. But as the ins and outs of financial planning become increasingly complex, it might not be…
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5 Tips to Help You Plan and Finance Your Aging Parents’ Elder Care Costs
The “Silver Tsunami” is leaving many families unprepared for the financial burden of financing their parents’ senior living and care, according to NPR. With a depressed economy in tandem with aging baby boomers and expensive elder care costs, the nation needs to start planning. It seems natural for the flow of wealth to go from…
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The Truth About Medicare and the Importance of Retirement Planning
By guest blogger: Jeff Anderson Many Americans don’t plan for long-term care needs because they believe Medicare will take care of them. According to NPR, recent polls show that 40 percent of retirees believe that Medicare covers long-term care. Every day, A Place for Mom’s Senior Living Advisors have to break the sad news to…
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Will Obama Succeed in His Mission to Offer Security for Senior Citizens?
We live in a different time than our ancestors. Retirement planning used to be somewhat predictable, offering peace of mind for America’s elderly through social security and traditional financial planning. Today we’re dealing with an entirely different ball game of eroding middle-class security in tandem with a historic recession that has plunged our economy into…
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