Monthly Archives: April 2014
Long-Term Care Rate Hikes Troubling
As members of the Baby Boom generation move into retirement and beyond, long-term care insurance policies to help cover the costs of assisted living or nursing homes are becoming more and more of a necessity, rather than a luxury. Unfortunately, the cost of these policies is rapidly become prohibitive for a large segment of… Read More »
Missteps Can Make Retirement Years Burdensome
The old adage that it requires the breaking of eggs to make an omelet is certainly true, but another hard truth is that a comfortable retirement demands that a nest egg be in place. Retirement savings golden nest egg (Photo credit: SalFalko) Unfortunately, a recent story in The Wall Street Journal highlights the missteps… Read More »
Long-Term Care Cancellations Require Better Notification
It should never happen again. And whether it’s by passage of a new law or a rule change at the Virginia Bureau of Insurance, maybe it never will. A recent story in the Richmond Times-Dispatch brought to light the plight of people left without long-term care for the elderly. The story focused on the… Read More »
Caregivers Need Care Themselves
The emotional and sometimes physical stress of caring for a loved one with Alzheimer’s disease or some other form of dementia is intense. (Photo credit: British Red Cross.) A recent blog on The New York Times by Jane E. Brody highlights a book by San Jose, Calif., psychologist Judith L. London that focuses on… Read More »