My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to ...

Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these bills, but Medicaid can cover nursing home costs for those who meet ...

Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these bills, but Medicaid can cover nursing home costs for those who meet ...

Answer: If you’re in a situation where your mother needs nursing home care, you may be thinking your only option is to spend down her assets so she can qualify for Medicaid. Unlike Medicare, Medicaid ...

Can a nursing home seize your savings? What if your money is in a trust or a Roth IRA? For married and single retirees alike, these are important questions with nuanced answers. First for the good ...

And because Medicare won't pay for nursing home care, you’ll be responsible for the costs. Meanwhile, the estimated average monthly Social Security retirement benefit for January 2024 is $1,907 ...

Medicaid has traditionally covered care in nursing homes but not in assisted-living facilities. But many states now have voucher plans that let you use Medicaid money for assisted living or home care.

Costs and services differ between assisted living vs. long-term care facilities. Here's what to consider now.

If you want to tap into your home equity during retirement, here are some unique ways to use the funds.

A Texas man compared the cost of a retirement home to a long-term stay senior discount at Holiday Inn and decided to spend retirement at the hotel.

LAWRENCE — The Berkeley Retirement and Nursing Home on Prospect Hill is closing this summer.

The federal government wants to know more, and wants consumers to know more, about who owns nursing homes.