Do you know how the COLA will impact your retirement plans? First and foremost, do you know what a COLA is? The Social Security Administration uses COLA as shorthand for “Cost of Living Adjustment.” A COLA is the mechanism that the Social Security Administration uses to decide if it should raise the amounts paid to… Read more »
How to Help An Aging Senior Adult Drive Safer and Longer
Driving is an important mode of transportation that seniors use to meet their basic needs, such as grocery shopping and health care appointments. It is also a source of independence for Florida seniors as they age. Unfortunately, when driving is taken away, this can lead to isolation, depression, and compounding health problems. The good news,… Read more »
The Danger Of Making Holiday Gifts When It Comes To Long-Term Care
If you are like many grandparents, you may enjoy giving your grandchildren money at the holiday season. After all, what do you give your grandchildren now that they truly need? Whether it is a small gift card to a store they like or helping them pay for college tuition, there is no question that whatever… Read more »
Family Caregivers Can Get Paid for Providing Care
Caregiving can take many forms, but the bulk of it is not performed by doctors, hospitals or health care professionals. Instead, it is provided by compassionate family members. Whether disabled veterans, children with special needs, elder adults or other dependent loved ones, family caregivers provide an enormous social safety net. They provide this help, often… Read more »
Understanding The Ins and Outs of VA Pension
How much do you and your loved ones know about VA pension? This is a non-service connected VA pension and is available each month to a permanent and totally disabled veteran when the veteran is 65 years of age or older, honorably discharged after at least 90 days of active duty with one day being… Read more »
Why You Need to Talk to Your Aging Parents About Their Estate Plan
There comes a time when you will need to be certain that your parents’ estate plan is current and no revisions are necessary. This event may arise because one or both of your parents have recently sustained a major illness that has or could become life-threatening. Hopefully, you have communicated with your parents to understand… Read more »
Should I Be Concerned About the Secure Act in Planning For My Grandchildren?
The SECURE Act of 2019 was recently passed by the US House of Representative. It is expected to be considered by the U.S. Senate in the fall. The correct name for this proposed law is the Setting Every Community Up for Retirement Enhancement Act of 2019. Many believe that this bill will be passed by… Read more »
7 Myths Baby Boomers Should Know About Falling
The Baby Boomer generation currently straddles the traditional retirement age of 65, with older members in the 70s and the youngest approaching 60. As Boomers continue to age, they can become increasingly susceptible to age-related health risks, including falling. According to the National Council on Aging, falls are the leading cause of fatal injury and… Read more »
What Adult Children Need to Know About Medicaid “Spend Down”
It is never easy to consider a time when an aging parent may need long-term care assistance outside the home. Yet, it is a reality that many adult children find themselves facing as their parents age. While the costs of long-term care can be daunting, there are programs such as Florida Medicaid that exist. These… Read more »
Pros and Cons of Adult Medical Alert Systems for Florida Seniors
Medical alert systems can require senior adults to wear a pendant, necklace or bracelet with an emergency call button. When pressed, the device emits a signal and help is soon on the way. The emergency technologies have helped untold seniors, and may be a perfect solution for you and your loved ones who need a… Read more »