Got aging parents at home?
Home Retirement Financial

Financial

Money, numbers, bills, bills, cost of living, new expenses, debt, savings.
Financial questions for caregivers and seniors can be quite simple yet seem endless.
Do you know how much money is available to provide care, if needed? Do you know how much homecare services cost? Do you know how much long term care costs?
What about end of life expenses, we don’t even want to think about that but we should. Who will handle these? Is there money for these? If not, who will pay?
Then there are senior scams all over the place. Seems like some solid financial advice is needed!

Estate planning tends to be on many people’s “someday” list. Let’s face it, no one enjoys preparing for the day when we are no longer around. However, if this process is not addressed before that unfortunate day comes, our...
For seniors who have been paying for life insurance for a decade or more, their policies could now be reaching a point of high profitability thanks to their generated cash value. With the cost of living rising to the...
Every year, a large number of seniors succumb to some sort of monetary misrepresentation or certainty plot. Monetary maltreatment focusing on seniors is an inescapable issue influencing loads of individuals. According to the FBI, fraudsters cause seniors to lose...
The average retirement age in America is 62. You might be amazed to find that people aren’t waiting until 65, but you really shouldn’t be. It really shouldn’t be a shock – people’s health starts to falter, and partial...
Tax season is here. Some seniors have their income tax prepared by a tax preparation company For those who do their own taxes make sure you don’t miss any deductions. Using tax software can help but check to see...
Elevating how we talk about money – hindsight from a Sandwich Generation Caregiver My membership in “The Sandwich Generation” club became real for me during a 3 week  period  when we were told my Dad was terminal, my  Mum was...
Pre-planning your own or your loved one’s funeral arrangements is something that is sometimes difficult to think about. But it is something that simply should be done.             No one wants to think about their own or their loved ones’ death...
Recently we discovered an article published by The Globe and Mail, ‘Seniors taking out mortgages – is it ever a good idea?' By Diane Jermyn. The article follows a senior couple who are considering accessing funds locked up in...
ESTATE LIQUIDATORS RELIEVE OVERWHELM It takes a team to liquidate an estate; it’s too much for one person to do.  So why not let professional estate liquidators help you?             Trying to take on estate liquidation alone is an exercise in frustration...
Sadly, a new report provided to the Financial Post from ratings agency Equifax Canada Inc. shows that the average debt for consumers aged 65 and over has been climbing by approximately 7% per year, the largest increase for any age...