The partner is writing today’s blog: Right from the heart of a long term care dilemma.

 

Mom and I live 125 miles apart. I work full time, and have adult “step-children” at home, as well as a new “spouse”, AND am the care giver to 83 year old mom: A classic case of “sandwich” generation.… Read more...

Reprinted from the Washington Post Carolyn Hax column

On Abruptly Facing An Elderly Relative’s Need For Care

I sometimes supplement my income by senior-sitting those in need of temporary help.  Recently, a family offered me a position to live 24/7 in their mother’s home as her aide, caregiver, housekeeper, cook, laundress, hairdresser, chauffeur, med-tech, and personal care provider. … Read more...

If Long Term Care (LTC) is needed, but not planned for, there are a number of options to make the money last longer or protect some of it.  The best and least expensive way to handle this would have been to purchase LTC insurance while still healthy, preferably in your 40’s or 50’s.… Read more...

Let me start with a study done last year which said: By 2020 (now only 4 years away) there will be more people in the US working as caregivers than working in retail.

This will be true not only because everyone shops on Amazon now, but because we did not have enough children to take care of us in older age and must hire this done, at home or in a facility. … Read more...

Yesterday’s Wall Street Journal had some interesting statistics on labor growth predicted for the next decade.  The article stated that 95% of new jobs would be in the service sector.

Previous articles have noted that the fastest growing service profession is caregiving. … Read more...

Reblogged from CNBC

One-time real estate agent Evelyn Rehg was showing a house to a prospective buyer four years ago when an alarming phone call came from the retirement facility where her mother lived.

“They told me I either had to get my mother immediately into a mental hospital or she would be evicted,” said Rehg, 48, of Crestwood, Missouri.  

Read more...

Last week a well known mutual fund company attempted to answer the question of why so many retirees die with significant savings left.  Is it because they wish to leave large amounts for family? Perhaps they are afraid to spend the last dime just before death?  … Read more...