Medicare Part B, along with Medicare Part A, make up what is called Original Medicare. As I noted in my previous Sixty and Me blog, Medicare Part A covers inpatient care in a hospital and skilled nursing facility, hospice care and home healthcare…

As noted in my previous Sixty and Me blog, Original Medicare consists of Part A and Part B. This blog focuses on Part A which applies to inpatient hospital stays plus some other services. Part A (Hospital Insurance) covers…

In the U.S., reaching 65 is synonymous with becoming Medicare-eligible. Medicare is a national health insurance program started in 1965. It was created and administered by the U.S. government and is funded mainly by payroll taxes…

Falls are a real risk for those of us over 60. Recently, Ivana Trump died from a fall at home. According to a 2018 Centers for Disease Control report, 35.6 million falls occurred among those 65 and older. These resulted in injuries for 8.4 million of the cases…

Many people think about dedicated long-term care insurance as the only way insurance can pay for long-term care. However, life insurance and annuities provide alternatives also…

Shopping for long-term care insurance can be a complex process. There are many “moving parts,” so consumers need to educate themselves on finding the right policy for their situation. Think carefully about what you want out of a long-term care…

In my last Sixty and Me blog, Paying for Long-Term Care: What Are the Options? I noted there are three sources of money to pay for long-term care: Your own money, government sources, and Insurance. This blog will cover more details about using…

In my last Sixty And Me blog, Do You Need a Long-Term Care Plan? I noted there are three sources of money to pay for long-term care: your own money, government sources and insurance. Let’s look at the options we have when it comes to long-term care…

Financial planning for retirement frequently ignores a huge subject area: planning for potential long-term care costs. Studies show that well over half of today’s 60-year-olds will eventually require some sort of long-term care. Yet, only about half of us…

The concept of “aging in place” has become popular over the years as lifespans have lengthened. Aging in place usually means living with a fair degree of independence in the community rather than in a residential facility….