How To Pay For a Nursing Home With No Money: Options and Alternatives
One of the major concerns for seniors and their families is how to pay for nursing home care, especially if they have limited financial resources....
November 30, 2023
What is Supplemental Security Income and How Do I Apply? A Comprehensive Guide
Supplemental Security Income (SSI) is an important program aimed at providing financial assistance to individuals with limited income and resources....
November 29, 2023
Beware of the Medical Alert Phone Scams
What is the scam? At Bay Alarm Medical, we’ve received reports that from time to time, competitors will use phone numbers that are very close to ours, and perhaps other companies as we...
July 7, 2022
Three Things To Consider Before Tapping Your Retirement Savings During The Coronavirus Crisis
The Coronavirus Aid, Relief, and Economic Security (CARES) Act temporarily loosened the restrictions and costs associated with taking distributions from your IRA and 401(k) accounts. These n...
May 12, 2020
Tax Tips For Seniors: Act Now To Lower Your 2020 Tax Bill
April 15, 2020 will be here sooner than you think, so start getting ready now. Most people don’t start thinking about taxes until sometime after Valentine’s Day. By then, howev...
December 5, 2019
Don’t Allow Adult Children To Poach Your Nest Egg
The average cost to raise a child to age 18 is $233,610. For many families, however, the bills keep coming long after that. This year, 50% of parents surveyed said they were sacrificing th...
July 31, 2019
How A Retirement Planner Can Help Secure Your Retirement Finances
The popularity of mutual funds and 401(k) retirement plans has encouraged many people to create DIY retirement plans. It seems easy: just read a few books, watch some videos, talk to friends...
March 11, 2019
Five Financial Resolutions For Seniors
Have you made your 2019 resolutions? Only about 40% of people make New Year’s resolutions. Fewer than half stick with their goals at least half the year. That happens when people make ...
January 7, 2019
Three Important Questions Answer Before You Retire
People are often shocked to find out how much “green” it takes to make their golden years comfortable and worry-free. A Gallup survey released in April 2018 found that only 20% o...
December 12, 2018
Seniors and Financial Fraud: How To Spot & Prevent Scams
Financial scammers see the country’s aging population as a target-rich environment: at least 20% of seniors over 65 have been victims. Information technology and social media give con arti...
December 22, 2016
