Protect Seniors from Fraud
Finances may be among the most difficult issues that seniors and their family caregivers face. Many situations complicate the financial lives of older adults and their loved ones. The recession, multi-generational living and fixed incomes, to name a few, can throw seniors and their families into turmoil and prompt them to search for solutions.
If you are a family caregiver facing a situation that is impacting your loved one's financial situation, you may need resources to help. Answers could be just around the corner.
For seniors who want to go back to work after retirement, the local Home Instead Senior Care® office is a good place to begin a job search. Schedules are part time and flexible — and the end result is help for other seniors.
In this video series "Helping Seniors with Finances," certified senior advisor Mary Alexander from Home Instead Senior Care teaches you how to help your senior loved one manage his or her finances and avoid becoming a target of fraud. The information in this series will also give you ideas to get your senior financially organized, teach you how to pull together a professional services team, and help you learn about options for financing care.
In this video "Pulling Together a Financial & Estate Management Team," certified senior advisor Mary Alexander from Home Instead Senior Care discusses helping your parents plan ahead in manage their estate and financial affairs. Making sure their investments are protected, insurance is all in order and taxes are being paid will save them, and you, future headaches.
In this video "Financing Options for Care," certified senior advisor Mary Alexander from Home Instead Senior Care explains that elder care is generally financed through a mix of resources, including savings. She walks through how a reverse mortgage works and describes some of the newer senior care funding options, such as the "life settlement."
In this video "Day To Day Ways To Help Seniors Manage Their Money," certified senior advisor Mary Alexander from Home Instead Senior Care offers ideas for helping the seniors in your life manage their money day to day. She even discusses what to do if you've offered to help with finances and they refuse.
The stress, shame and fear associated with being scammed can have horrible effects on your senior loved one's health. In this video "Warning Signs of Fraud," certified senior advisor Mary Alexander from Home Instead Senior Care discusses how to spot some of the most common scams.
In a previous video, certified senior advisor Mary Alexander from Home Instead Senior Care discussed how to spot some of the most common scams. In this video "How to Prevent Fraud," she talks about things you can watch for and do to help protect your senior loved ones from becoming victims of fraud.
Energy costs have hit hard the pocketbooks of many Americans. According to the U.S. Department of Energy (DOE), the typical U.S. family spends about $1,900 a year on home utility bills. Unfortunately, a large portion of that energy is wasted.
Past 50 and looking for part-time work? You're not alone. Although the unemployment rate among older workers is lower than that for their younger counterparts, older persons who do become unemployed spend more time searching for work, according to the Bureau of Labor Statistics. But there are jobs for those who are willing to put their passion and experience to good use.
The economy has wreaked havoc on the bank accounts of many older adults. For some older adults who own their homes, reserve mortgage can be a way to access additional cash. Resources below can help seniors determine if reserve mortgage is a good option for them.
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