The Big Book of Senior Discounts is now available. Seniors Discover $507 in Savings Instantly!! Get Your Copy Now! Tons of restaurants, health care, and more! Click Here To Download Now Click Here To Download Now The Big Book of Senior Discounts is now available. Seniors Discover $507 in Savings Instantly!! Get Your Copy Now! Tons of restaurants, health care, and more! Click Here To Download Now The post 2020 Big Book of Senior Discounts appeared first on The Senior Penny ..read more

Lower Your Taxes – How Seniors Can Find Cheap Tax Prep Since the days of the Vietnam War, seniors have been given an honorable way to honor those who have served in the war. Often, they wear decorations or pins or medals on their clothes. In the early ’60s, Seniors were targeted as possible targets for the draft. Even though the draft did not become a necessity until the late 1970s, Seniors still faced the consequences when they refused to register for the draft. Those who chose to enroll in a military academy took extra measures to make sure that they would not be caught up in the draft. Toda ..read more

Elder Financial Abuse has become one of the most important types of legal issues, and a large number of people suffer from it. In such a case, a court can provide a verdict on whether the person has been guilty of abusing elderly individuals or elderly in his care. Elder Financial Abuse is a type of case where an elderly person tries to use their resources to fulfill their own needs, rather than giving them the proper care that they need. For example, some elderly people may need counseling to cope with their stress and also the loss of their loved ones. While it is very hard to go against th ..read more

The key to developing effective and efficient healthcare cost management is learning some important tips for planning for healthcare costs in retirement. There are many methods and tools that can be used to reduce healthcare costs in retirement. Since so many people are on medical insurance, you can use this tool to help you plan your costs. You can usually get a discount on the price of a hospital stay by keeping a certain percentage of your insurance payments in an account with your insurance company. You can also save money on major purchases, such as your mortgage. Homeowners insurance al ..read more

Before you get started on your retirement planning, here are the top five retirement planning blind spots. These blind spots can be a real stumbling block when you are starting out. The goal is to improve your retirement planning so that you don’t have to look at these blind spots. My blind spot is about how I was raised. If you are like me, you grew up being taught that hard work was all you needed to get ahead in life. In fact, the hard work in its purest form is said to be a noble pursuit. However, most smart kids were always told that they didn’t need to be smart or industrious to get ahe ..read more

Some people are surprised to learn that seniors who live alone, live in retirement communities, or use assisted living facilities may be able to qualify for a long-term care insurance policy. The same holds true for senior citizens who wish to pursue a policy because they own a house, who works at a nursing home or who uses a traditional physician’s office for health care. Once a person begins a search for a policy, he will soon discover that there are a number of options available to him from an online company to a financial institution. Even if a person already has a policy, he may want to r ..read more

Properly prepare documents for aging parents, and these documents are the cornerstone of your elder care plan. The documents are the key to navigating a system that is designed to protect your loved ones. You need to know the basics of how to prepare a document for aging parents. The first thing you need to know is the Initial Release Form. This form will be required by the court if the case is in the preliminary phase. It is the most basic document to have in order for aging parents. It is always a good idea to ask the court for the Initial Release Form. It is usually the first document that ..read more

Everyone is aware that seniors must cut back on their expenses and how to budget their income, but did you know that seniors can also save money? You can cut costs at home and find other ways to cut costs in order to achieve the savings goals that you set for yourself. In order to set a goal, it is essential to get organized. You need to be prepared to get creative in finding creative ways to help you reach your savings goals. In order to get organized, you need to, first of all, have a system. This system should be flexible enough to allow you to change your budget to fit your lifestyle. You ..read more

When it comes to managing a loved one’s financial affairs, the question of whether a joint bank account is right for you comes down to whether you’re comfortable with having your parent handle your account. Let’s take a closer look at the pros and cons of a joint account. One of the biggest concerns for most people is how they’ll handle their financial accounts if they’re under the care of a professional or some other caretaker. If this is the case, a joint account might not be right for you. In this case, you should consider putting all of your own money in an individual account. Although mai ..read more

There are some serious myths surrounding Medicaid. Here is what they are: – Medicaid is only for elderly people or the poor. Medicaid is available to anyone, including those who have a lot of assets to help them afford their healthcare, such as retirement accounts. – Medicaid isn’t subsidized. It’s not a means-tested program like Medicare. If you are below the poverty line, you can still qualify for Medicaid. – Medicaid won’t cover your maternity. Some states have no-cost maternity exclusion. – Medicaid doesn’t pay for your prescriptions. There are restrictions that apply to Medicaid Part D pl ..read more