When facing the decision to put a loved one into a nursing home, the last thing you want to be concerned about is their safety and security. That’s true of financial and physical health. There are some financial pitfalls that you need to know about so you can protect your family.
Check out the full show notes by clicking here.
Today's rundown:
0:28 – Dan is celebrating a milestone.
2:36 – Introducing today’s topic of elder abuse.
3:42 – The first thing you need to do with your parents or children if you’re getting older and a nursing home is in your future.
4:10 – It’s important to interview before putting someone in a nursing home.
5:00 – Be aware that some nursing homes offer financial seminars.
5:40 – Another thing that nursing homes might try to ask of you.
6:21 – Some of these facilities even have banks.
7:41 – A recent case Dan read about that had nursing home abuse.
10:51 – Getting to Know You segment: If you didn’t have to sleep, what would you do with that extra time?
13:14 – Mailbag question 1: I’m retired now and need income off my investment. Should I invest in dividend-paying stocks?
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Episode #68: Important Financial Terms You Should Know
Episode #67: Tax Planning And Retirement
Episode #66: Ask Yourself Five Retirement Questions
Episode #65: Elements Of A Successful Retirement
Episode #64: Giving Money Mission Statements
Episode #63: What Demographics Can Tell Us
Episode #62: Debunking Financial Myths
Episode #61: Things You Can't Control
Episode #60: (I Can't Get No) Retirement Satisfaction
Seven Estate Planning Mistakes You Need To Avoid
Spousal Conflicts: Savers vs. Spenders
Playing Retirement Catch-up
How Do You React To Market Corrections
Story Time
Lessons I Have Learned From My Clients Who Have Retired
The Five Things I Wish Every Investor Knew About Market Volatility
The Most Overlooked And Forgotten Element of Retirement Planning
The Guy Who Freaked Out On The Plane: What He Can Teach Us About Market Crashes
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