Showing 50 results of 126
Feeling lonely isn’t good for anyone. Recent studies show the connection between loneliness in elders and dementia risk. Families need a strategy to mitigate this risk....
Tending to the needs of aging parents will exact a toll on anyone doing this job. Noticing the effects and taking protective steps can save you from breakdowns....
Unsafe aging parents who refuse to move or get help create a huge worry for their adult children. Strategy to address this is needed....
Putting your aging parents' financial house in order can give you a clearer picture of where they need support and how to balance that with your own plans....
Opening a joint account provides a way to monitor an older person’s finances....
People love to say that raising kids costs a fortune. That’s only true if you decide to make it true. The real problem isn’t diapers or school supplies, it’s oversized houses, expens...
529 plans are way more flexible than people realize, and if you know the rules, there are smart ways to use those funds without getting hit with penalties. Considering that as of June 2024, there were...
The sandwich generation experiences stress, burnout, and financial insecurity. Learn tactics to better cope with the burden of caring for aging parents....
Caring for parents and children can be a balance. But with a positive, proactive approach, navigating these requirements while planning for a secure retirement doesn’t have to be a high-wire act...
When drawing up powers of attorney, older parents will most likely name adult children as their representatives. But is that always the smart choice?...
If you had children later in life, they might be entitled to Social Security benefits when you retire....
Tragically, some elders who were mobility challenged or who had no transportation to allow them to escape, lost their lives in those fires....
People who are caring for kids and aging parents at the same time can take a hit mentally and financially, so make sure you're tapping into all available help....
Aging parents can use threats, money and power plays to manipulate adult children. Recognize what this behavior means and what choices you can make to handle it....
AI is becoming more prevalent in healthcare. A new tool for helping families with a member who has dementia is now available from the Alzheimer's Foundation of America....
If you’re feeling overwhelmed by the expectation of taking care of your parents in their retirement, Bernadette Joy, author of Crush Your Money Goals, offers three steps you can take to help les...
Our parent could no longer safely live independently and then could no longer live with us as they need a 24-hour supervision. This parent was wonderful to us so we had no issue with them living with ...
The adult children put a lot of effort into finding a seniors' home for Mom. She got there and suddenly refused to enter. Learn about your options if this happens to you....
Holiday season is scammers’ season too. Warn your aging parents about online phishing scams and how to spot the red flags of a scam. Awareness can stop these thefts....
Should Terry and his siblings take out a whole life insurance policy on their parents before they inherit their folks’ $10 million worth of farm land? Is Terry on track for retirement? That&rsqu...
After Thanksgiving, it’s often time to talk about aging parents’ needs. Here are 7 questions adult children should discuss to ensure family caregiving plans are in place....
As we age, our parents may need more help and care. Are you prepared to be part of the sandwich generation, caring for your own children and your parents?...
Some parents can be very demanding. This is hugely stressful for adult children. Learn to set boundaries so you protect your own mental and physical health....
As our parents age, it’s natural to start worrying about their financial well-being. But how do you approach a conversation about money with the very people who raised you? We get it. It’s...
Maybe you’ve been meaning to talk with them for future planning. Resistance gets in the way. Consider these tips to get the difficult conversation going....
Meet Ari Taublieb ? If you didn’t already know, Ari and I work together at Root Financial, and we thought it was finally time to launch a podcast series together. In our very first episode, we d...
Curious if anyone who retired or thinking of it with kids still in school? We are older parents (59, 53) with middle school child. We both plan to retire from full time careers to opportunities of par...
Blended families with step-siblings can face challenges when a step parent becomes impaired and needs help. Success requires cooperation with all in the blended family....
Multi-national organized networks of criminals know how to get to vulnerable people. Learn how to stop them....
Juggling kids, aging parents and work? No wonder you don't want to talk about your own retirement. But there are four key areas you should be discussing now....
When I was young my mum had the radio on all day at home, as did my grandma. It was a childhood memory I never really thought about. I never paid it attention until my daughter came by and said why do...
No one wants to be told no. Of course that’s true. But parents forget it. Little kids spend the first few decades constantly told no. Why? It’s easy for parents to say no. We have a rule i...
It is not a rare thing that as wealthy aging parents decline, some relatives seem to come out of the woodwork....
Sixty-seven percent of parents expect to pay at least some of their children's higher…...
Sixty-seven percent of parents expect to pay at least some of their children's higher…...
My wife and I are in our mid-60's and retired. We (supposedly ;-) have enough money to last us through our lifespans, We do not have any children or close younger relatives and we both have parents wh...
Aging well is not simply a matter of luck. We do have solid research that tells us how we can make our last decades better and healthier. That takes work....
Honestly I wasn't sure of the best place to ask such a thing, but logic brought me here because the demographic of retiree is the one who has the wisdom to answer this question. Maybe you've been thro...
New research confirms earlier studies showing that financial decision-making capacity declines first before cognitive impairment is obvious. Take protective steps early!...
When it comes to estate planning for your aging parents, knowledge about their wishes and finances is power....
A geriatrician warns against aging loved ones taking commonly prescribed sedatives. Authorities in geriatrics say elders should avoid them....
In a poignant reflection, Ken Cutler of HumbleDollar paints a vivid picture of his parents’ financial journey – a story ... Read more...
I moved in with my parents when I was 27. The football wallpaper in my bedroom was gone, and the bed was bigger. But it was still the room I slept in for the first 18 years of my life. While most of m...
There is a nationwide effort to remove the long standing stigma of mental health issues. Families can do much to protect elders with depression and other issues....
Such a sensitive subject requires a careful approach....
Boomers may not be as healthy as their parents were at the same age. This points to the need for long term care. The burden can fall on family to give that care....
Aging takes its toll, and can threaten independence. Help can become an essential tool to allow elders to remain at home. This is a real-life example for one elder....
Let me tell you a story about two of my friends, Adam and Benjamin (not their real names). Adam grew up under some difficult circumstances. His parents filed for bankruptcy when he was just five years...
A mentally ill family member can wreak havoc with aging parents. Families are often reluctant to take legal action to protect vulnerable elders....
Parents often feel compelled to help their kids pay for college, but when that could result in you moving in with them later, you should put your savings first....