Almost every day, there’s another news story about elder fraud. This week’s Sun-Sentinel reported on the appalling case of a local 87-year old woman who was allegedly swindled out of her home, bank and retirement accounts, then forced into an assisted loving facility. It took months for police to be called in and unravel the […]
We’re having a conversation with our widowed client Betty and her daughter Karen (names have been changed) about whether she plans to stay in her home or start looking into independent living communities. It’s a tough decision, and one that comes with more than its share of emotional baggage. Our expertise, of course, is weighing […]
If you’re the owner of a long-term care insurance policy, you’ve probably learned that premiums can (unfortunately) go up over time. But when you’re confronted with a big increase, do you know what your options are? Here’s a real life example we’re facing in our office. We’ve been helping a client who just found out […]
What banks score best for protecting seniors from hackers and scams? TD Bank, Bank of America, and PNC all take top spots, says Money Magazine.
To protect seniors from financial abuse, brokers like Charles Schwab are rolling out new protective measures. Starting February 5, brokers will ask you to name a “Trusted Contact,” like a family member or friend, they can reach out to if they suspect you may be subject to financial exploitation, or if they have questions about […]
We spend a lot of time making sure our clients and their finances stay safe, even as they age. Are you familiar with the facts about financial exploitation and aging? Financial abuse costs seniors billions of dollars each year. Here’s some new numbers from Greg Brumbeloe, in a recent article for Financial Advisor magazine. Brumbeloe […]
Over the past year, we’ve had quite a few clients move into senior housing communities. We’ve also worked with more than a few baby boomer clients as they help with research to pick out the right community for their parents. There is a broad range of housing options out there, from independent living and assisted living, […]
July is Sandwich Generation Month, celebrating those people who have the double-whammy of responsibility for taking care of both their children and their aging parents. If you have experienced this first-hand, you already know the incredible stress that comes with taking care of three generations at once. How many Americans are part of the sandwich generation? […]
Fact #1: 17 percent of adult children will serve as caregivers for their aging parents. Fact #2: Those who do help out with caregiving will spend an average of 77 hours per month, which can “strain both their finances and their health,” says a recent study by the Center for Retirement Research at […]
Sad news today as former Fort Lauderdale resident and Partridge Family 1970s teen heart throb David Cassidy revealed he has dementia and has stopped performing. Many of our clients and their families have suffered profoundly from this disease. Dementia devastates those who suffer from the illness and also those who care for them. This is undoubtedly one of […]
About Mari Adam, CFP®
Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for twenty five years. Mari has appeared in publications such as Business Week, CBS MarketWatch, Wall Street Journal, Kiplinger’s, Newsweek, and Money Magazine.
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- Brad Goldstein Earns the Financial Paraplanner Qualified Professional (FPQP™) Designation May 7, 2018
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Adam Financial Associates, Inc.
Crystal Corporate Center .
2500 N. Military Trail, Suite 306
Boca Raton, FL 33431