“Many financial scams specifically target seniors. Knowing what the warning signs are for each of these scams can help you avoid falling for them.”Adult children need to know how to recognize signs of scams that may target their parents… and their future inheritance. A Senior’s Guide to Financial Scams (And How to Avoid Them) Lear:…
Category: seniors
Home Modifications Covered by Medicare and Medicaid
“Walk-in tubs, hospital beds and wheelchair ramps are among the many home modifications and devices keeping seniors safe. They don’t come cheap, but government programs such as Medicare and Medicaid can defray the cost.” “Medicare is extremely strict about what it covers, but seniors who show medical necessity qualify for up to 80% coverage. Seniors…
Resources for Financial Caregivers
May is Older Americans Month Financial caregivers are people who manage money for a loved one who may need help because of health problems or memory issues. If you don’t have a financial caregiver lined up, it helps to plan ahead in case you need help in the future. Understanding your options will allow you…
How to talk to aging parents about money
When you were a kid, your parents probably talked to you about money, perhaps about the value of a buck or how you might spend your allowance. As time marches on, you may find the situation reversed—and that you have to have the “money talk” with your parents. Adult children sometimes feel concerned that they’re…
Get Dental Work Before You Retire
The Squared Away Blog, an excellent source of information, explains that many retirees lose dental insurance provided by their employer when they retire. Medicare doesn’t cover most dental care (except for some Medicare Advantage plans). On average seniors pay about $1,100 for dental work. Many low-income seniors go without care while some use the option…