Things People With Dementia Say

Outrageous Things People With Dementia Say and How to Respond I have been though this myself, so print this off as a great guide becuase you will experience most of these phases. Dementia can cause people to say and do some pretty odd things. Family caregivers may be caught off-guard at first, but as they…

Beginners Guide: What is Equity Release? As we grow older and settle into life, we build up a net worth to be used to help us get through our golden years and hopefully leave a little something extra for our children on the side. Using your financial resources effectively isn’t the simplest of tasks, but…

11 Numbers That Will Terrify You Into Saving For Retirement Right This Minute. Every day you delay will hurt you in the end. It can be tough to save for retirement when it is still decades away. It’s apparently even tough for older workers who are on the verge of retirement. Living expenses can eat…

Low mortgage interest rates stimulate homeowners to refinance The usual reasons to refinance a home mortgage loan are to reduce the monthly payment or to raise cash. The third option, which is underappreciated, is to shorten the period of indebtedness. The third option is seldom used. Therefore, many homeowners are refinancing for the wrong reason.…

More than 1 in 5 say retirement savings are worse now than before the Great Recession The BoomerFOXBusiness Record upswing for US economy Former Reagan economist Art Laffer on the U.S. economy’s record expansion. As America marks the 10th anniversary of the end of the Great Recession in June, a new Bankrate surveyOpens a New…

Data Confirms Reverse Mortgage Borrowers Have Little Wealth Outside Home According to recent research data, despite some of today’s reverse mortgage efforts targeted toward a population that is using home equity as a comprehensive planning tool, the borrower demographic of the past still holds true: borrowers of Home Equity Conversion Mortgages (HECMs) are made up…

Nursing home care costs increasing faster than other medical services, study finds By James LeggatePublished June 20, 2019Personal FinanceFOXBusiness Costs of nursing home care have generally risen faster than the costs of other services, even in the medical field, according to a new study. Researchers from Georgetown University Medical Center analyzed nursing home price data from eight states…

Financial planning with your home I have had several high net worth clients whose financial advisor recommended them to consider a Reverse Mortgage and get rid of their mortgage payment? You might wonder why. The example I’m using is a couple with a managed 3-million-dollar portfolio. The monthly draw was $10,000. By eliminating the house…

Accountants Financial Planning Challenges Facing Older Americans. How CPAs Can Help. CPA Journal. In Brief. As the number of senior citizens in the United States continues to rise, CPAs and financial planners will be increasingly called upon to help individuals evaluate their end-of-life care strategies. The ideal plan is one which is in place before…

Could your home help you fund your retirement? Many people live in their most valuable asset. Here’s how its value could help you retire on your terms. Key points. Regardless of whether you plan to sell your home or not, your home equity can play a key role in your financial strategy for retirement If you…