8 Tips to Help Prevent Elder Financial Exploitation
“Financial institutions reported a total of $1.7 billion in suspicious activities in 2017, including actual losses and attempts to steal the older adults’ funds”, according to the Consumer Financial Protection Bureau. Elder financial exploitation is incredibly common. It feels like people are constantly attempting to scam seniors. Sometimes it is from an outside party, but […]
Fee-Only Financial Advisor: 4 Reasons to Hire One
It’s a popular question – “Why should I hire a fee-only financial advisor?” Maybe you shouldn’t hire a fee-only financial advisor. Seriously, there are people who do not need a financial advisor. It’s not for everybody. I’ve met plenty of people in my career who are doing a great job of staying on top of […]
How to Advocate for a Family Member in the Hospital
Your loved one is in the hospital. What do you do? How do you navigate the system? How do you advocate for a family member in the hospital? If you’ve never done it, it can be daunting. Even if you have done it, you may still be challenged from the lack of sleep, anxiety, and […]
Elder Care Consultant: What Do They Do?
I received the question, “What does an elder care consultant do?” last week, and thought it would be a great question to answer. I frequently recommend an elder care consultant, often known as a senior care consultant, to families with aging parents. Elder care consultants, or senior care consultants, can fill a variety of roles: […]
