At All Costs: Figuring Out How To Pay For Long Term Care
October 26, 2017
No matter how well prepared you may think you are, the costs of paying for long term care, for either a loved one or yourself, are sometimes almost incalculable- and uninsurable. There are so many competing factors that will influence what expenses you and your family may incur: the types…
Ripped Off: After The Equifax Breach, You Are More Susceptible To Fraud
October 19, 2017
Given the recent computer hacking of the Equifax credit monitoring system, all of us need to be at heightened alert over identity theft or financial fraud perpetrated on us. For seniors, this is especially true, as confirmed in a recent survey done by the Cooperative Credit Union Association. In this…
Open For Business: Becoming A Senior Entrepreneur
October 19, 2017
Does this sound familiar? You’ve reached a “certain” age: you’ve got decades of work experience, you’re still passionate about your job and able to fulfill your responsibilities. Yet suddenly the phone rings and before you know it, you’re being escorted out the door. In this day and age, being an older worker…
Cost Savings And Medical Care: Conversations That Need To Happen
August 31, 2017
No one likes to challenge their physician when a particular diagnostic test or medical intervention is recommended. Yet often times what is suggested is not covered by your insurance or may be much more costly than your physician realizes. While cost should be just one consideration in determining whether an…
House Of Cards: The Risks of Reverse Mortgages For Seniors
August 31, 2017
For a great many of us, our homes are our most important and valuable asset. And as the years accumulate and our incomes drop, trying to take money out of the equity in our homes becomes an appealing and even necessary step for financial solvency. But it’s not without risk. For…
Living The High Life: The Advent Of Luxury Senior Housing In Manhattan
August 24, 2017
Manhattan has, for many of us, been a siren song- we can’t stay away and are always drawn back. For some lucky (and wealthy) seniors, there will now be the option of continuing the luxury life of a sophisticated Manhattanite, with all of the supports a senior could desire. Bloomberg’s Pursuits section…