Archive | Health & Wellness RSS feed for this section
long term care 2

7 Little Known Facts About Long-Term Care

No one can dispute that long-term care is a huge and growing need.  Last year, some $6.6 billion in long-term care benefits was paid to about 200,000 individuals. Here are some interesting facts about long-term care that you may not know, based on an analysis of more than 160,000 claims paid by a leading insurance company in 2011: 1).  […]

Read full story Comments { 0 }
health care retirement

Quote Of The Week: Taming The Cost Of Health Care In Retirement

Carolyn McClanahan is both a physician and a financial adviser. When asked by clients how to prepare for health care costs in retirement (estimated on average to cost $240,000 per couple), she urges them to focus on what they can control – their own lifestyle choices.  Here’s her advice for clients:  “I have no idea what health […]

Read full story Comments { 0 }
Friendly Medical professionals

Baby Boomers Concerned, Confused by Medicare

90% of baby boomers surveyed say they are “concerned” about the future of Medicare especially in light of the upcoming presidential election, as revealed in a recent eHealth survey (eHealth offers one of the nation’s largest online health insurance marketplaces). Medicare and Medicaid make up about 20% of all U.S. government spending. Baby boomers were tested on 4 Medicare “myths.” Results […]

Read full story Comments { 0 }
piggy bank exploding

What’s Making Boomers Go Broke: The Surprise Expenses Costing Them A Fortune

Feeling poorer?  There’s  reason for that. Baby boomers can’t get a break.  During their critical pre-retirement years, they’ve been hit hard by the technology bust, the real estate meltdown, the financial crisis, and the deepest recession since the 1930s. And to make it worse, while their real income has barely budged over the past twenty […]

Read full story Comments { 0 }
caregiver and mother

Did You Miss Our Luncheon Seminar on Caregiving?

Did you miss the Thursday, April 19 client luncheon we hosted on caregiving featuring special guest Knyvett Lee?  Knyvett is Executive Director/CEO of CareSource, a not-for-profit social services agency in Fort Lauderdale, Florida, and is an expert in care management, guardianship and elder advocacy. Knyvett and I first met about twenty years ago when I was a Trust Officer for a South […]

Read full story Comments { 0 }
health_costs

Quote of the Week: Health Care Costs in Retirement

A 65-year-old couple who retired in 2011 can expect to spend an average of $230,000 on health care services not covered by Medicare, not including any additional expenses for nursing home care, during their retirement. Fidelity Benefits Consulting, March 31, 2011

Read full story Comments { 0 }