Financial Planning

It comes like clockwork every Fall. As anyone over age 65 knows, we are now at the beginning of Open Enrollment season for Medicare. As we’ve noted in prior agebuzz posts, this is the time of year (from Oct. 15th – December 7th) that Medicare enrollees have the opportunity to…

The deadly impact of the coronavirus, especially among long term care residents, has certainly highlighted a fact of life that many of us would like to deny or avoid: that is, the difficult decision to have a loved one or even yourself live in such a facility. Infection control measures…

For many of us, this wasn’t the plan. We didn’t anticipate (or budget for) leaving the workforce so early. We didn’t think in our late 50s, or mid-60s or even early 70s, we would lose our jobs or no longer be employable. However, the coronavirus has had other plans for…

Even if you’ve been avoiding the news, you’re probably aware that we now have in place the new CARES Act: The Coronavirus Aid, Relief and Economic Security Act. And while some of the details remain to be worked out (stay on top of the latest with this updated IRS resource…

For anyone with an older parent, hard conversations may be in your future: about money, housing options, caregiving responsibilities and even about relationships. These conversations are difficult enough when everyone agrees. But they can become heated and fraught with tension if there’s disagreement or if your parent has diminished decision-making…

It could be an awkward conversation, one complicated by taboos around discussing money matters or confronting long-standing family baggage. But many of us will face this situation, either for ourselves or as the adult children of those in need: that is, the dilemma of adult children who need to step…