We took time out last week to visit John Knox Village (JKV), a Life Plan Community located to our south in Pompano Beach, Florida. As many of you may know, JKV is situated on 70 acres between Ft Lauderdale and Boca Raton, and celebrated its 50th anniversary last year. Mari has been visiting clients who […]
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Quote Of The Week: Becoming A Caregiver, 30 Years Earlier Than Expected
“There comes a point in time where everyone has to care for a parent. It just happened 30 years sooner than I ever anticipated it.” Interview with Adrienne Glusman, who became her mother’s caregiver at age 29, as interviewed by Clare Ansberry, “The Call to Care for Aging Parents Comes Sooner Now,” The Wall Street […]
Elderly Woman Was Financially Exploited, Says Police: How You Can Protect Your Loved Ones
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 […]
A Tough Decision: To Age In Place Or Not?
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 […]
When YOUR Long-Term Care Premiums Start Climbing, Will YOU Know What To Do?
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 […]
Quick Take: Best Banks For Protecting Vulnerable Seniors
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.
New Measures To Protect Seniors From Financial Abuse
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 […]
Keeping Aging Investors Safe From Financial Exploitation
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 […]
Do You Know Your Senior Living Options?
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, […]
Feeling Squished? It’s Sandwich Generation Month!
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? […]
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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.
