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senior citizens

Navigating Long-Term Care Insurance for Your Parent

When you first noticed that your parent’s age was limiting them, what questions came to mind? Did you struggle to accept the reality of their aging or worry about their wellbeing?  Did you wonder what preparations were in place for their needs? Besides the questions you may have asked yourself, there is one question you must ask your aging parent: “Do you have a long-term care insurance policy?” After a health crisis, anyone may find they need long-term care. But since senior citizens especially are at a higher risk for debilitating health problems, they are more likely to need it. Long-term care…

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Out-of-Pocket Spending for Senior Care: The Harsh Reality

“Three out of four Americans aged 40 years and older are not confident they will have the financial resources to pay for any needed care as they age,” according to the Scan Foundation. Up against the hundreds of thousands of dollars that long-term care can cost, it is no wonder Americans lack confidence when racking their brains for ways to pay for care. Perhaps the first solution that comes to mind is to pay for the cost of long-term care out of your own pocket. You don’t have to be a well-off, retired millionaire to consider this option. Many middle-income…

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End-of-Life Peace of Mind: Family Tools for Hospice

When Juanita, an Amada Senior Care caregiver from Western Massachusetts, arrived to provide hospice care for Becky Robirds* in her family home, she could not help but notice the house’s decoration. Juanita saw rosaries everywhere, in every room of Becky’s home. She guessed that the Robirds family was devoutly Catholic. She knew upon arrival that Becky’s passing would greatly affect everyone spiritually. Sensing this, Juanita took it upon herself to become Becky’s guardian angel. “I told her family about an app I have on my phone,” Juanita remembered, “I asked if it would be ok to sit beside Becky and…

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Four Thieves who Target Seniors During Tax Season

Just when we’ve finally put our feet up after the busy, crazy holidays, duty calls once again. It is officially tax season. Navigating paperwork, records, pay stubs, bills, and confusing legal copy to file taxes before April 18th can be a drag, and if you’re a senior citizen filing taxes this year – age probably hasn’t made the process easier. Regardless of whether or not you’re filing taxes, if you’re a senior, you may have something bigger to worry about. Senior citizens are at high risk of fraud and scam during tax season. In 2011, MetLife reported that financial exploitation costs seniors $2.9 billion…

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