When aging family members requires intense medical care, it’s time to consider moving them to a nursing facility. These facilities are licensed by the states and fall into two categories: intermediate care and skilled nursing care. Let’s take a look at what you can expect from these types of living arrangements. Today, only a small… Read more »
When seniors first show signs of needing help with medical and daily personal care, it’s time to consider moving to a community that provides what’s known as assisted living. When you need a hand. Once capable of living alone, seniors who begin having health issues may find they need a little extra help, but don’t… Read more »
Active adult communities are for healthy seniors who are in search of a vibrant lifestyle with lots of leisure activity options. Age requirements. There are two types of active adult communities. One is the age restricted community, where at least 80 percent of the occupied homes must have a resident aged 55 or older. The… Read more »
Seniors with memory disorders, such as Alzheimer’s disease, require specialized care and housing. Let’s look at what a memory care facility offers and what you need to know when making a decision for a loved one. What you can expect. Since Alzheimer’s disease becomes progressively worse, only seniors in the early to moderate stages can… Read more »
Choices for senior living vary widely — with younger seniors typically opting for “active adult” or “independent living” communities. The two are similar but have subtle differences. The community with the more extensive amenities is the active adult community, which targets residents over the age of 55. Most residents own their homes, are free of… Read more »
Continuing care communities offer senior citizens independent living, assisted living and nursing care, allowing them to age in place as their needs change. Senior citizens typically move into a continuing care community while they are still healthy and active. Resident sign a contract that guarantees that their needs will be met for medical and personal… Read more »
When preparing for retirement — especially if contemplating a move to another state — it’s crucial to research the tax implications. Make sure your search is comprehensive, including state and local taxes on income, property, and consumer sales purchases, because different states take different approaches to taxing their residents. Also check for tax breaks specifically… Read more »
Growing your own produce is an excellent way to save money on groceries, but it’s not without its challenges. A raised garden avoids several pitfalls and provides good results with a minimal amount of effort. Here’s how to get started. Design. Plan to make your garden no more than four feet wide to ensure you… Read more »
You may have heard the term “reverse mortgage,” but have you ever investigated how they work? Here’s a tutorial to help you understand if a reverse mortgage is right for you. What is a reverse mortgage? A reverse mortgage, also known as a Home Equity Conversion Mortgage, is a tool typically used by an older… Read more »
