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Many Medicare beneficiaries are unaware that Medicare's all-inclusive Hospice Benefit is available to assist dying patients and their families.

Today, 58 million adults in the United States are 65 and older. Seniors make up more than 17 percent of the American population. The U.S. Census Bureau expects this number to reach 83.7 million by 2050. Meanwhile, one in every...

Though Medicaid exists to help those who need it, navigating the specifics of what it covers and does not cover can be daunting. Here are highlights on the basics of Medicaid coverage.

Research by the American College of Financial Services sheds light on the need for improvements in retirement financial literacy. The overall retirement income literacy score was just 31 percent -- a failing grade. 

Sadly, there are seemingly limitless financial fraud schemes that affect older Americans. The impact of financial abuse is enormous. One 2023 report found that seniors lose more than $28 billion a year through all types of abusive financial acts.

Everyone has heard the terms "will" and "trust," but not everyone knows the differences between the two. Both are useful estate planning tools that serve different purposes and can work together to achieve your goals.

If your parent did not prepare for incapacity and name a person to act as their power of attorney, you won’t be able to create a legal document after they are mentally impaired. You will need to claim guardianship.

As April marks Financial Literacy Month, it is an excellent time to start improving your financial literacy. Gaining financial savvy can help you handle the challenges and complexities of aging.

As of late 2023, the median monthly cost of a semi-private in a nursing home in the U.S. was close to $9,000. The vast majority of people cannot afford to pay these prices out of pocket over the long term.