Got aging parents at home?

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!

One of the observations we sometimes see when we meet with seniors who have sizable debt is that they are not focused on setting new financial goals post-retiring. Perhaps you have achieved your financial goals and have retired as...
Seniors, especially those who are isolated, tend to become victims of fraud or financial abuse. Telemarketing scams are common.  Financial abuse from friends, relatives and others who are in a position of trust can also occur. Quite often the...
Our retirement is supposed to be a time when we can relax and enjoy the fruits of our lifetime labours. However, for many it is a time of financial worry and going without necessities. Many seniors are entering their...
The Canadian (and global) job markets have rapidly changed and evolved in the last few years, and past studies show almost half of Canadians are expected to be self-employed by 2020. With a growing population also expected to live...
Travel as you want; explore as much as you like they say. Well, who doesn't want to travel? We all want to go around the world, see new places, experience new cultures, click selfies with famous backgrounds, and tell...
The era of children moving out at 19 years old and becoming fully financially independent is slowly disappearing. With soaring housing prices and easier access to credit, younger generations are becoming more and more indebted. These days, it is...
Research suggests that after the age of 70 our financial decision making abilities can decline rapidly.  Year round, especially during tax season with people posing as government and credit company representatives, we are hearing about more scams and new...
Richard, who is in his nineties, is healthy and enjoys his independence. He loves his home and wants to stay there as long as possible. Since he lives alone, Richard was concerned about what would happen in an emergency,...
Are you planning for retirement? If yes, this calls for an early saving or investment plans much earlier in life. It’s important to try all the possible ways to make savings. Savers always have an opportunity to save money...
In 2015 approximately 160,000 people between the ages of 55 and 64 were laid off from their jobs. Permanently. At this stage in their lives, many older workers are trying to pay off mortgages, lines of credit and credit...