nursing home

Millions of baby boomers have watched long-term care expenses decimate their parents' finances, and realized they needed better plans for their own golden years. Could asset-based long-term care insurance policies be the solution?

According to the Department of Health and Human Services, those of us who reach age 65 will have a 40% chance of entering a nursing home, and 10% will stay in one for five years or more. So does this mean you need long-term care insurance?

Planning for a happy retirement takes foresight, a lifetime of saving money and little luck. But planning for love? That might cost you. The choices for how we spend our golden years -- and how much we spend -- have a big impact on our social lives, and our chances of discovering new love.

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.

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...

It seems not all industries are suffering from the recession. Even though Americans are paying less on everything from hotel rooms to holiday gifts, and small businesses are fighting to hang on to their dwindling credit, the recession-inspired rollback theme hasn't quite made it to the long-term...

For as much as people worry about the information collected by companies and the government, they often discard incredible amounts of personal information when they upgrade to a new computer. Individuals aren't the only ones guilty of handing out information on old computers; in their annual study...

After I finish writing this blog posting, I'm going to pick up my mom at the airport. She's coming back after five weeks of taking care of her 92-year-old father in a nursing home in in his native Puerto Rico, 3,000 miles away from where Mom lives now. He had entered the home in January and was...

Quick, name one thing that would make your loved one more able to cope with living in a nursing home. If you said, "having a pet with him," then you'll want to keep reading.When my father entered a nursing home 4 years ago, I had a recurrent fantasy. I would adopt a small, elderly dog - something...