It is expected that long-term care in the United States will undergo significant changes, presenting numerous challenges in the future. A multi-faceted approach that includes policy changes, investment in the health care workforce, technology advancements, and a shift toward person-centered…
As the baby boomer generation ages alone, fewer and fewer family caregivers are available to assist them. The ratio of caregivers to care recipients has fallen and is projected to continue for the next forty years. According to the Pew…
Artificial intelligence tools are revolutionizing senior care. Health aides are needed to provide consistent and competent care to an aging population. In the United States, the healthcare industry employs over 4.5 million nursing aides, orderlies, home health aides, and personal…
Wellness and affordable solutions are at the core of a new era of senior consumption. Improving and maintaining greater physical and mental health lifestyles through proactive and preventative measures is increasing. For seniors to thrive and flourish in retirement, technology…
Low-income families and individuals can obtain health insurance through the US Medicaid program. However, because of the steep costs associated with long-term care, Medicaid planning is a growing trend for individuals with higher net worth as an alternative to spending…
Along with the SECURE 2.0 Act in December 2022, tax provisions were recently incorporated into the Inflation Reduction Act (IRA), which became law in August 2022. Lower-income household tax code changes will automatically take effect. Households of higher income and…
It's uncomfortable to think about death, especially your own. Add to that the issue of what will happen to our assets after our deaths and it’s little wonder why so few people have created wills and other estate planning documents.…
It is likely that the forty-year inflation high Americans have been experiencing will last well into 2023 and beyond unless there is a significant course correction. Bankrate’s Third-Quarter Economic Indicator poll projects inflation will be more significant than previous expectations over…