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
Some guidance on dealing with a sibling who thinks she owns still-living, elder parents home. Any tips?
10 AnswersBeatty Answered 2 hours agoAccording to Medicaid lookback, what is the amount of acceptable rent my dad can pay us for living in our home?
4 AnswersLisaMarieA Answered 10 hours agoI am trying to find out how I can get paid for being my mm's caregiver? She had a stroke on April 9 and is home with hospice since April 19.
1 AnswerGeaton777 Answered 11 hours agoMy parents are financially irresponsible.
15 AnswersGeaton777 Replied 12 hours ago
Financial Planning Discussions
My mom had to liquidate her annuity to pay for her assisted living facility. I'm told she will have to pay income tax on this money.
6 Commentsnotgoodenough Commented Apr 25, 2024Has your caregiving role impacted your finances in a negative way?
10 CommentsRhetorica Commented Apr 23, 2024HollyIvy's lessons learned.
3 Comments97yroldmom Commented Apr 17, 2024Urgently need advice to help elderly neighbor, who just lost her only child, plan her course going forward.
6 CommentsFawnby Commented Apr 6, 2024
Financial Planning Related Topics
- Alzheimer's & Dementia
- Cognitive Decline
- Caregiving
- Aging in Place
- Dementia Behaviors
- Area Agency on Aging
- Cancer
- Home Modification
- Memory Loss
- Mild Dementia
- Signs of Dementia
- Severe Dementia
- Moderate Dementia
- Early Onset Alzheimer's
- Lewy Body Dementia
- Sundowner's Syndrome
- Violent Behavior
- Adult Day Care
- Dementia Wandering
- Chemotherapy