April 20, 2018

Full service retirement communities are growing in popularity.  Commonly known as continuing care retirement communities, or C.C.R.C., these communities promise that its residents can stay for their entire life.  Entrance fees can range from a few hundred thousand doll...

April 17, 2018

The Alzheimer's Association has released their annual facts and figures report: 2018 Alzheimer’s Disease Facts and Figures.  Here are a few highlights of topics covered in the report: 

  1. An estimated 5.7 million people have dementia in 2018.

  2. Almost two-thir...

April 12, 2018

Some retirees in China are living in resorts. About an hour from downtown Shanghai, seniors reside in a complex with 2,000 households, a hospital, a worship space, a gym, and a cinema. In order to get in, seniors must buy life insurance from a company called Taikang Li...

March 21, 2018

Planning for our future incapacity is something no one wants to do. Yet new research, found that avoiding planning ahead is an especially serious problem in the elderly. Olivia S Mitchell, a professor of insurance/risk management and business economics/policy at the Wh...

March 16, 2018

The Medicare Medical Savings Account (MSA) is possibly one of Medicare’s best kept secrets. According to a recent CNBC article, if you are 65 or older, relatively healthy, and have a high-deductible Medicare Advantage plan, you may qualify for an MSA. Funds in an MSA a...

March 11, 2018

A new regulation from the Financial Industry Regulatory Authority (FINRA) went into effect earlier this month, as reported by Investment News. It requires that brokers attempt to find a trusted contact person if they fear a client is suffering from mental incapacity or...

February 17, 2018

According to a recent New York Times article:  “You may not need another reason to retire early, but I’ll give you one anyway: It could lengthen your life.”  That’s the conclusion of the article based on various research regarding the relationship between early retirem...

February 15, 2018

No one wants to face the prospect of being diagnosed with Alzheimer’s.  Yet ignoring potential warning signs is a serious mistake.  The Alzheimer’s Association has released the “10 Warning Signs of Alzheimer’s” which can help a person determine whether a he or she shou...

February 10, 2018

A recent Washington Post article highlights the potential perils and controversy surrounding the euthanasia of the mentally ill and cognitively impaired. “How many botched cases would it take to end euthanasia of the vulnerable?” chronicles the disturbing euthanasia of...

February 8, 2018

Imagine purchasing a long term care insurance policy to protect against the cost of in-home, assisted living and nursing home costs and 20 years later, the insurance company has informed you of a significant premium increase.  Now that you are in your late seventies an...

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