What is Long-Term Care Insurance?

In an ideal world, everyone would be able to enter into their senior years with few medical issues.  However, everyone is somewhere in the aging process and therefore headed towards a time when they may need assistance taking care of themselves.  With the rising costs of healthcare and the increased expense related to the care… Read More »

Do You Need a Patient Advocate Designation?

End-of-life care is a controversial topic. Not everyone agrees on issues like artificial life support, tube feeding, resuscitation, and organ donation. However, in an end-of-life scenario doctors and loved ones are left to guess what you would want done if your wishes are not explicitly laid out beforehand. This is why it’s so important to… Read More »

Retirement Plans and Your Medicaid Eligibility

When applying for Medicaid, the key issue regarding a retirement plan (for example, your IRA or 401(k)) is whether or not it will be a “countable” asset for the purpose of determining Medicaid eligibility. Eligibility is based upon the amount of assets the applicant has available. To be eligible, a single Medicaid applicant generally cannot… Read More »

Imagining Your Own Retirement Utopia

Joseph Coughlin, director of MIT Agelab, a “multidisciplinary research program that works with business, government, and NGOs to improve the quality of life of older people and those who care for them,” has created an imaginative, interactive map of his vision for the future of retirement living. With spaces for “drone delivery,” intergenerational learning centers, and… Read More »