Senior Financial Planning
Financial Planning Articles
Renting vs. Buying in Senior Living Communities
When considering the many different types of senior housing communities available, you may be faced with the decision to rent or buy. It’s important to consider an elder’s future care needs and finances before deciding which option is best.
1 CommentHow to Put an Elderly Loved One on a Budget
Budgeting can be tricky, especially for seniors on fixed incomes. Learn how to help an aging loved one evaluate their personal cash flow and develop a monthly budget they can actually follow.
2 CommentsDiscounts and Free Services for Seniors and Their Caregivers
With so many older adults living on limited incomes, finding affordable products and services is crucial to making ends meet. Get the inside scoop on freebies and discounts available to you and your aging loved one.
61 CommentsThe Biggest Mistake People Make When Filing for Social Security
Many American adults don't know how to maximize their Social Security benefits. Most start collecting too early, and neglect to use strategies that make the most of their monthly benefits.
11 Comments
Financial Planning Questions
What is the proper and legal way to handle finances between a live-in caregiver and parent?
14 AnswersSnoopyLove Replied Nov 3, 2024My sister makes $300 too much to qualify for Medicaid because of court ordered alimony. She needs wound care due to having bad care.
3 Answersigloo572 Answered Nov 3, 2024I had POA for my parents. Dad died and all is ok, but I am wondering if I need to get a solo POA for taking care of my mom's financials?
4 Answersfreqflyer Answered Nov 3, 2024Do I have to return mom's money used from a joint checking account paid to the home care agency that I set up to the newly appointed guardian?
6 AnswersSofie2024 Replied Nov 3, 2024
Financial Planning Discussions
I am legal guardian of my husband, how do I get money from him?
3 CommentsAlvaDeer Commented Oct 28, 2024What's the average cost of your utility bills? Can you live on SS?
16 CommentsGeaton777 Commented Sep 4, 2024Applying for Medicaid: Is there a way to get assistance with the process that doesn't cost thousands?
13 CommentsAMZebbC Commented Aug 10, 2024Sharing a cautionary tale
8 CommentsKarsten Commented Aug 2, 2024
Financial Planning Related Topics
- Alzheimer's & Dementia
- Cognitive Decline
- Caregiving
- Dementia Behaviors
- Aging in Place
- Area Agency on Aging
- Home Modification
- Cancer
- Memory Loss
- Mild Dementia
- Signs of Dementia
- Severe Dementia
- Moderate Dementia
- Early Onset Alzheimer's
- Lewy Body Dementia
- Adult Day Care
- Sundowner's Syndrome
- Violent Behavior
- Chemotherapy
- Dementia Wandering