finances for seniors Archives - LCB Senior Living, LLC
The Costs of Aging in Place

The Costs of Aging in Place

Are your parents weighing the decision to stay in their own home? A senior’s decision to age in place for as long as they are safely able does not come lightly, for the senior in question or their loved ones. While the choice is ultimately made to maintain a certain...
When to Tap into Life Insurance Benefits

When to Tap into Life Insurance Benefits

Most of us think of life insurance as a benefit we purchase for the family we leave behind, and of course, that’s mostly true. But life insurance policies that offer a cash value option — typically whole life policies whose premiums partially fund accessible reserves...
When Mom and Dad Need Financial Help

When Mom and Dad Need Financial Help

With seniors living longer than ever, a greater number of us are fortunate enough to have one or both parents in our lives for a lot more years. But there’s a flip side to this scenario: it also means that a significant percentage of us are facing the prospect of...
Talking to Your Loved One about Money

Talking to Your Loved One about Money

We all do our share of trying to avoid the things we need to do most; when it comes to that dreaded talk with elderly parents about their finances, the denial quotient skyrockets. “It will only embarrass them” … “I’m sure mom has things under control – I don’t want...