Roughly 10 million people over 50 are taking care of an aging parent – a rewarding responsibility, but one that can also be a source of financial strain. Here are three things that can help caregivers out financially.
VIDEO: The ‘Hot in Cleveland’ actress and former ‘Golden Girl’ has a new gig as the face of AARP.
Many baby boomers overlook one crucial element in their estate plan: a letter of final instruction.
If you’re like most boomer parents, you give cash or some kind of financial support to your adult children. But this is a risky move, especially for those who haven’t yet saved enough for retirement.
Given the recent rise in drug prices and the increasing number of patients, especially those over 60, who are taking multiple medications each month, saving money on prescription drugs is increasingly important.