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Category Archives: Retirement Planning

Types of Long Term Care

As people live longer and the cost of medical care increases, understanding the types of long term care available is important for families. It is both an emotional and financial decision that does not come easy. Below is an overview of the major types of long term care and what families should know about each. […]

5 Ways to Pay for Long Term Care

Long term care is one of the most expensive costs that you may encounter later in life. For most, it creates a financial hardship and forces difficult decisions by family members. Understanding your options can help you better prepare now for potential future needs. Here are 5 ways to pay for long term care in […]

Increase in nursing home closures across U.S.

Choosing nursing home care can be a big, emotional decision. Long-term care is a sizable investment, and many people struggle with entrusting their loved one’s care to someone else. Now some families are dealing with an additional hurdle, as nursing home closures are forcing some seniors to relocate, widening the distance families must travel to […]

Maximizing Social Security Survivor’s Benefits

Social Security survivor’s benefits provide a safety net to widows and widowers. But to get the most out of the benefit, you need to know the right time to claim. While you can claim survivor’s benefits as early as age 60, if you claim benefits before your full retirement age, your benefits will be permanently […]