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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

4 min

What happens to elderly who can't afford care? Navigating Senior Assistance

According to the National Institute on Aging, a significant number of seniors rely heavily on Medicare, which provides limited long-term care coverage, leaving many vulnerable to high costs. Understanding **what happens to elderly who can't afford care** is critical for both seniors and their families facing this financial challenge.

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4 min

When should I stop buying long-term disability insurance?

The Social Security Administration estimates that a young adult has a 1-in-4 chance of becoming disabled during their working years. Given this fact, it's crucial to understand when the right time is to stop buying long-term disability insurance. This guide will help you navigate this complex financial decision with confidence and clarity.

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3 min

What happens to elderly people when they run out of money?

According to a recent study by the National Council on Aging, nearly half of older Americans lack sufficient resources to handle a financial shock. This reality raises a critical question for many families: what happens to elderly people when they run out of money? Fortunately, various support systems exist to help seniors in financial distress.

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6 min

What happens if an old person can't afford a nursing home?

Over half of all nursing home residents rely on Medicaid to cover their long-term care costs, according to recent data. However, for those without this assistance, or whose savings run dry, the question of what happens if an old person can't afford a nursing home becomes a serious and distressing reality for many families. This guide explains the options and resources available.

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4 min

Do nursing homes get money when someone dies?

While it may be a common concern, nursing homes do not receive a bonus or a windfall payment when a resident dies. The financial implications are related to settling outstanding balances, which are handled very differently depending on whether payments were private or funded by Medicaid. This guide clarifies the answer to the question: do nursing homes get money when someone dies?.

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6 min

Do retirement checks stop after death? A comprehensive guide

According to the Social Security Administration, any Social Security benefits paid for the month a person dies must be returned, confirming that retirement checks stop after death. Understanding this rule is the first step in a larger, important discussion about managing finances after a loved one's passing.

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4 min

How are retirement homes paid for? A comprehensive guide to funding options

Did you know that out-of-pocket payments are one of the most common ways to pay for senior care? Navigating the financial landscape to determine **how are retirement homes paid for** can seem overwhelming, but understanding the various funding sources is the first step toward securing peace of mind.

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