As your parents grow older you may find yourself worrying about their financial situation. Whether it’s because of declining health or because their savings are running low, these can be stressful times. But they don't have to be. There are a few simple things you can do to help your parents with their finances that can put them in a more stable situation and give you peace of mind.
Moving in to a senior living community means going to a completely new home. This might seem like a scary transition, but it doesn’t have to be! While you may feel like you’re giving up a part of your life, the opposite is actually true. By finding the community that is right for you, you add community, friendship and much more to your life. But how do you know if the communities you’re considering are truly great?
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Seniors on fixed incomes might find themselves looking for quick and easy ways to save money, and one of the first places people look is to the heating bill. While turning down the heat can save a few bucks, it’s not always the best course of action for seniors. And, as it turns out, there are other, more efficient ways you can lower your monthly bill.
There are so many important factors that come into play when picking a place to call home, and location will be near the top of the list. The good news is Pennsylvania is a great place for senior living, with a lower-than-average cost of living, beautiful scenery, and more. But what is the best place for senior living in Pennsylvania? It ultimately depends on what you want to do, so we’ve compiled a list to help you figure that out.
Choosing a senior living community can be a monumental decision. From where to begin to which questions to ask, the list of considerations can be overwhelming. And while it’s not an easy process, it’s not insurmountable, either -- particularly if you understand all of the elements that go into finding the right living arrangements for seniors and the people who love them. To that end, we’ve rounded up 23 factors to keep in mind when evaluating senior living communities.
Planning for retirement can't begin soon enough. In fact, any good professional financial advisor will strongly recommend having enough social security, pension and investment income to remain financially afloat for at least 20 years following retirement.