Tag Archives: elder care

Planning for Your Retirement: Healthcare Expenses

There are many different stages of retirement planning. While most people think about the financial aspects of planning, your health is also an important consideration, because healthcare costs in your senior years may significantly affect your finances, especially when Medicare alone doesn’t cover those expenses, such as: Hearing aids/hearing devices. Medicare does not cover hearing aids, so you’ll need to do some planning in case hearing issues arise during retirement. Without insurance coverage, hearing devices can cost thousands of dollars. Dental/denture care. Dental care is Continue reading →

How to Overcome Sibling Disagreements about Elder Care

Often, especially when dementia is involved, it falls upon the adult children to make decisions about senior living choices for aging parents. Making the right choice is important, and all options should be considered before making a move. However, these choices become particularly difficult when adult siblings disagree on the right decisions for their parents. Today, we’ll discuss some strategies for reducing those disagreements to make the best decisions for aging parents. Focus on goals. Once you’ve identified that your parents need help making decisions, Continue reading →