A new wave of high-tech home devices could help monitor seniors’ health and safety in the home, potentially allowing them to stay at home longer, and providing a sense of security to family members and other caregivers. Smart home devices…
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Tag: Baby Boomers
BABY BOOMERS AND RETIREMENT
by Thomas D. Begley, Jr., CELA Nothing is likely to have greater impact on public policy and programs for the elderly than the aging of the Baby Boomers (“Boomers”). Boomers represent 76 million persons in the United States born between…
USA TODAY: ‘Baby Boomers’ biggest retirement planning mistake is not having an estate plan.
Though Baby Boomers do focus on cash flow in retirement, planning beyond that with an estate plan is often not on their radar. “The secret of getting ahead is getting started.” Mark Twain Well put, Mr. Twain, and thank you…
Tagged with: AARP, Baby Boomer, Baby Boomers, Carol Kroch, Estate Planning It, Mark Twain, Michigan Boomer
BABY BOOMERS AND RETIREMENT
by Thomas D. Begley, Jr., CELA Nothing is likely to have greater impact on public policy and programs for the elderly than the aging of the Baby Boomers (“Boomers”). Boomers represent 76 million persons in the United States born between…
A Living Trust Helps Create Less Stressful Transitions in Death or When Incapacitated
As a Michigan elder law attorney, I continue to see clients come in debating whether to put together a will or a living trust for their heirs. The decision on this is sometimes complicated, though it ultimately comes down to…
Assisted Living Costs Keep Rising, Elder Law Planning Can Mitigate the Cost
How to Pay Assisted Living Costs As an elder law attorney seeing the effects, it becomes more alarming every day seeing rising assisted living costs for the elderly here in Michigan and the rest of the United States. As Baby…
Tagged with: Baby Boom, Baby Boomer, Baby Boomers, elder law, estate planning, Pay Assisted Living Costs, United States
California study: number of family caregivers increasing nationally
More American family members are serving as caregivers for their loved ones than ever before. According to a study by the Pew Research Center and the California HealthCare Foundation, 39 percent of adults were family caregivers in 2012, up from…
Planning for the future: ideas and technologies for aging in place
As more Baby Boomers reach their senior years, more policymakers and elder health advocates are turning their attention to the issues behind aging in place. Overwhelmingly, research shows that older Americans would prefer to age at home or in other…
Are Retirement "Communes" A Wave Of the Future?
Co-housing is a growing trend among Baby Boomers, as the aging demographic works to delay the need to move into a nursing home. There are as many as 78 million people between the ages of 49 and 67 in the…
Boomers Gravitates Towards Cities
In contrast to the Eisenhower generation, which departed cities for the suburbs, Baby Boomers are following a trend typically lead by younger people, and moving closer to cities. (Related: Long-Term-Care Insurance Dilemma) A large number of boomers are empty nesters, and…
Tagged with: Baby Boomers
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