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!

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...
There is a lot of information available on how to build a retirement plan. Most of it is aimed at younger people. We’re told how we could retire with millions if we start to put such and such an...
Trends in aging are changing. Many of us are heading toward retirement on our own, most by choice. Though some are retiring alone due to other circumstances, all retirees are looking forward and wondering what their future will bring....
Even if you aren’t a caregiver for your elderly parents there may come a time when financial issues have to be discussed with them. Sometimes seniors aren’t able to handle their money as well when they age. Often this...
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...
Most of us could use a bit of financial help as we get older. For those who live on a fixed income, senior discounts can make the difference between being broke at the end of the month or having...
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...
One of the latest research studies completed on women’s retirement shows that women are still at a greater risk of a financially insecure retirement when compared with their male counterparts. In most cases, women are still being paid less...
Great question! There is so much uncertainty these days on the various pension plans (or lack of) amongst various countries. The CPP (Canadian Pension Plan) has been under debate for decades now. So the question of the day is,...
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