For those who wish to maintain their independence and continue living at home as they grow older, taking certain steps to protect their physical, mental, and financial welfare is essential.
A QLAC is an annuity that you purchase with funds from an IRA, 401(k), or 403(b) account and that guarantees you will receive retirement income on a set schedule.
End-of-life care decisions are never easy, but many Medicare recipients are being forced to choose between nursing home or hospice care, although neither by themselves may be ideal for a patient nearing the end of life.
Using survey data from more than 8,000 adults aged 65 and older, researchers have identified eight social factors that may lead to early death in older adults.
Seniors who need assistance with certain daily activities are eligible for Medicaid Long-Term Services and Supports. Unfortunately, many who qualify for these services but wish to receive them in their homes end up on extended waiting lists.
If you wish to maintain control during your lifetime over the assets you place in a trust, you may choose to establish a revocable, or "living" trust – most likely, along with a pour over will.
While financial planning has been at the top of many Americans’ minds, a vast majority of people have stalled in creating an estate plan.
A new AARP analysis gives a glimpse into the experiences of family caregivers and offers recommendations on policies and practices that policymakers should enact in support of caregivers nationwide.
Powers of attorney that only allow an agent to do certain things are commonly referred to as a limited power of attorney.
Hospice care is a type of health care that patients with terminally ill conditions rely on at the end of their lives.