There is and likely will always be a debate between what’s better: “optimistic” or “realistic” thinking. When it comes to retirement and aging, it’s beneficial to have both mindsets. To look forward to the enjoyment of the golden years while recognizing the need to plan ahead for rainy days.
5 min read
5 min read
Courtney Heiden’s dad always took care of the family finances. In fact, he had a background in finance and managed client accounts at the large companies where he worked. So it came as a complete shock when there was a knock on her parents’ door several years ago, and the man at the door said the house was going to be auctioned off the next day.
“My mom actually thought they were kidding or maybe had the wrong house,” Heiden said. “And the man at the door said, ‘No, there's not been a mortgage paid in nine months.’ Their world kind of came crashing down at that moment.”
1 min read
Most clients say they want to receive care in their homes. But they also say they don’t want to be a burden on family or friends.
Both goals are understandable and maybe in conflict when care is needed. As with so many things in life, it can be wise to be careful of what we wish for.
Topics: Long Term Care Aging in Place CLTC
1 min read
NAIFA’s Policy Director Maeghan Gale joined LTCI Partners Managing Director, Tom Riekse, and Director Steve Cain for a panel discussion about recent Long Term Care Insurance legislation. For many years, Long-Term Care Insurance took a backseat as it relates to legislative action on the state and federal level. However, 2021 has brought a wave of activity as lawmakers consider the best way to support their growing aging populations.
The third segment in our LECP Center series, offers insight into how personal service robots for the elderly can help those with mobility and cognitive issues. Robots are now even programmed with emotive features, for example, they can ask questions and hold conversations, helping the elderly feel like they have a companion.
The LECP Center is offering a series on the role robots are playing in caregiving. In this second segment, we look at some new options for Extended and Long Term Care. Where 2 or more caregivers have been needed to help individuals with limited mobility robots and technology can step in to assist.
Robots, Exoskeletons, and Smart Homes oh my! There are some exceptional plans in the works to modernize LTC delivery for those needing care.