When it comes to planning for aging well, the cost of long-term care is a big unknown. No matter how well you’ve planned financially for your senior years, the need for long-term care—at home or in a group setting—can devastate your retirement lifestyle and any legacy you hope to leave your family. That’s why many... Read More
We tend to plan for important parts of life: education, career, marriage, homeownership, and retirement. We even plan for the not-so-important, like bringing an umbrella along when it might rain. But what most of us forget to do—or avoid doing—is plan for any decisions that may be needed as we near the end of our... Read More
“Financial planning for people with chronic diseases is complicated and multifaceted. Start by building a team of people to help.” That’s the essence of a New York Times article that describes care managers—like us here at LifeCare Advocates—as experts who can help clients navigate their current and future needs. The article quotes Fred Schwartz, a... Read More
What is important to you? What do you value? How do you want to live? These are questions we ask ourselves throughout our lives, and the answers fuel our decisions. We do our best to make choices and build a life that is in tune with our beliefs and needs. In April there’s a... Read More
Downsizing can be an overwhelming and often emotional project at any age. There are memories everywhere, perhaps impeding keep-or-toss decisions. “When people are downsizing, they’re not only saying goodbye to valued possessions, but they’re also saying goodbye to a certain part of their life,” noted Nicole Anzia, a professional organizer and a columnist for the... Read More
Did you know that aging well is a team effort? As people grow older and start thinking about their lifestyle and potential care needs in their senior years, one of two things generally happens. Some people realize they need to make plans, and hire experts – financial, legal, and others – to help them prepare.... Read More
As our clients age, it’s common for them to experience a care or life transition. For example, someone may be living in their own home but is beginning to need help around the house. Or it may be someone who decides – or their family or care manager determines – that moving to a senior... Read More
Life is full of events we need to plan for financially, like college, buying a home, and retiring. When it comes to retirement planning, we generally think about the obvious – where we’ll live and how we’ll spend all that free time. But, of course, we’ll also want to ensure that we’re aging well –... Read More
You and your spouse or partner are accustomed to making plans together – vacations, purchases, investments, and the thousand other things that come up over the years. There may be one big plan you’ve not yet considered – an aging plan for both of you. With an aging plan, you can outline your plans for... Read More
Thinking about future living arrangements for yourself or an older loved one can be daunting. In 2020 the realities brought on by the coronavirus pandemic have given us even more to think about. Here’s how we at LifeCare Advocates have updated our planning advice in four key areas based on what we’ve seen during this... Read More