Tag: finances

A New Way to Age in Place: Understanding Life Plan At Home Programs

life at plan home couple

Until a few years ago, the primary method of planning for future care needs – if an older adult wanted to retire and stay at home – involved purchasing a long-term care insurance policy, or waiting until a health need arose and relying on family to step in. For older adults interested in moving to… Read more »

How Your Children Can Help You Make Your Decisions

Blakeford at Green Hills photo of senior woman and her adult child

In the many conversations I have with today’s seniors, there is a sense of role reversal when life begins to change. Adult children, however, can be one of the most significant resources in proactively planning for your future. They are the best “sounding board” you could have as you begin to explore the available options…. Read more »

Figuring Out the Cost Benefits of Senior Living Communities

“It is SO much more expensive to live in a community than here in my own home. My home is paid for and I do not really have many bills here. It does not make sense to pay those monthly fees.” This is the perception of most seniors as they begin looking at options for… Read more »

Financial Stability for Future Care

Financial planning

The importance of financial planning for your future cannot be overstated. But how do you know you’re making the right choices to ensure stability? Wealth Management Advisor Al Waldrop provides valuable insights into financial planning as you consider what’s next for your future. Why is planning so important for you and your clients? Financial Planning,… Read more »

Six Keys to Long-Term Care Planning

plan decision making retirement long term care

Inevitably, there is a group of people we meet who don’t want to or don’t see the need to plan ahead for long-term care. Yes, I know, it may seem “depressing” to spend time on imagining what life would be like when you actually need someone to help you take a bath. But I’ve seen… Read more »

The Importance of Advance Directive Documents

Advance directives blakeford

As you or your loved one ages, a conversation that must happen involves the matter of planning for end-of-life care. While it’s not a conversation that people look forward to, it’s important to understand their wishes before being faced with a decision when an emergency situation occurs. A large part of that conversation should focus… Read more »

Are You on the “My Kids will Take Care of Me” Plan?

senior woman with adult children

An article published by Forbes addressed the topic of who will be there to take care of childless Boomers. Yes, it is a concern with that group, but it’s also something that couples with children should think about very carefully. Pew Research states that 47% of 49-59 year old adults are “sandwiched” between caring for… Read more »

Why Women 50+ Should Take Control of Their Money

women money wellness

When I ask my working girlfriends when they plan to retire, or if they plan to retire, I usually get a quizzical look — and then a shrug. Most of them are in their 50s and 60s and they all seem to think the notion of not working for pay is rather unrealistic. Why? “If… Read more »

Proactive, Not Reactive: Planning for the Future (Part One)

planning

When assisting your parent(s) or loved one in planning for the future, discussions are a must prior to the occurrence of sudden health changes. Understanding their wishes when these changes occur will give you peace of mind instead of trying to make decisions in the midst of the storm. The first step in this process is… Read more »