elderly
In a shaky economy, senior citizens have become a prime target for scammers. Here are some of the common scams -- and warning signs -- to watch out for, along with some tips on how to protect your elderly loved ones.
Long-Term Elder Care: What It Costs in Your State
5:05PM 7/29/2011
Genworth Financial's Cost of Care survey tracked average prices of home care, assisted living facilities and nursing homes across the country, and unsurprisingly, found staggering variations. The priciest state for nursing home care in the U.S. averages more than four times as much as the cheapest.
Don't Let Nana Drive You Into Bankruptcy
9:00AM 7/12/2011
By Selena Maranjian, The Motley Fool
Retirement, Health Care, Insurance, MetLife, Family Money, Personal Finance, Saving Money
For children, excursions with grandmother are an adventure. As time passes, however, the ride into the golden years can get bumpy; if you're financially unprepared, it can take a dramatic turn for the worse, and even drive you and your family into bankruptcy. Here are some steps you can take to prevent that.
Picture this: You're a middle-aged worker, raising your kids and worried about your job and mortgage, and suddenly your 75-year-old mother breaks her hip. She needs your help to continue living independently, and of course you'll rise to the challenge. But at what cost to your own financial and...
How to Get Help If You're Old and Poor
2:30PM 2/28/2011
Being old and poor doesn't sound like much fun. Here's what you need to know to avoid that fate -- or get help if you can't.
One quarter of baby boomers, ages 46 to 65, appear to be headed for poverty in their old age, according to a recent Harris poll, because they have no retirement or personal...
Doctors to Become First Line of Defense Against Scams
2:00PM 11/19/2010
A major public initiative to crack down on investment fraud by training thousands of doctors to spot older patients who may be particularly vulnerable, and then refer them to securities regulators and social workers, is going national after a successful pilot run in Texas.
The unprecedented...
When Dan Callahan, a public relations professional from Missouri, learned in 2003 that the Medicaid qualifications were going to get tougher, he and his two siblings took their 83-year-old mother to an accountant who specialized in elder and estate law to find out how they could comply.
Callahan...
Former White House reporter Helen Thomas' rant against Israel was more than a "senior moment," but the forced retirement of the 89-year-old is a lesson in what the future of the American workforce could look like.
Not that more elderly workers will be telling people where to live in a racist...
The Obama Administration has begun mailing checks to seniors hitting the "donut hole" in their Medicare prescription drug coverage. The help for seniors to cover the gap is part of the health-care reforms Congress passed earlier this year.
Don't spend $1,118 on that $300 computer for grandpa
11:00AM 5/05/2010
There are cell phones and computer tech support for the elderly, and now a computer designed for grandparents -- the GO Computer that is clearly aimed at Baby Boomers and the elderly who don't know much about computers and are willing to pay a lot extra for help.
But at $879 for the computer and a...
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