Archive for October 2019
The Scariest Part of Aging: Outliving Your Money
According the to a recent study, 49% of Americans report that running out of money in retirement is one of their main concerns about growing older. [1] With the growing life expectancy and the increasing costs of long-term care, it is no wonder that so many Americans fear outliving their money. The amount…
Read MoreAsset Protection Planning: Early Planning Protects Your Money, Future, and Peace of Mind
“Well, it sounds like I should have done this years ago.” A new client’s response to the plan we presented at the end of her first meeting with our team. “Yes, most people should have started this planning way before they needed it.” The majority of the work we do for families involves crisis…
Read MoreOur Broken Care System: How an Aging Ally Can Help
Last week’s blog explored the complexity of and potential changes to the nursing home admission rules laid out by the Center for Medicare and Medicaid Services. There are specific requirements that must be met in order for Medicare to pay for nursing home care. These rules are complex and confusing, and mistakes can be costly.…
Read MorePossible Changes to Medicare’s Three-Day Rule
. In early August, a class-action lawsuit got underway that could impact the three-day Medicare rule. This follows a bi-partisan bill filed in March that would change the rules for nursing home admissions. In order to understand the changes, you have to understand the current Medicare rules. There are only two ways to be…
Read MoreMedicare Part D: Shopping for a New Plan Can Save You Hundreds!
Medicare’s Open Enrollment starts on October 15 and continues until December 7. Like thousands of Medicare beneficiaries, you’re probably planning to skip this year’s opportunity to make changes to your Medicare benefits. Medicare is not a set it and forget it plan. By skipping this year’s Open Enrollment period, you could be forgoing hundreds…
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