People who bought long-term care insurance from CalPERS 10 or 20 years ago, thinking it would provide security in their old age, are stunned to learn the agency is raising rates by 85 percent over two years.
The "million dollar" question many of those preparing for retirement ask themselves is simply stated but not necessarily easy to answer - "how much money do I need to save to secure a comfortable retirement?" In some circles, this is referred to as "the number" - that magical figure that tells pre-retirees how prepared they may be.
Advisors have not prepared the majority of wealthy investors for long-term care costs and financial support for extended family, according to a study conducted by U.S. Trust, a unit of Bank of America.
At the top of a flight of stairs with no elevator in sight, registered nurse Katarzyna Kaseja leans over the rickety metal bars of a crib.
Mr Tan Swee Pek, 83; Mr Eddie Chan, 74; and Madam Lam Ah Won , 75, are among nine senior citizens dancing to the Lala exercise at St Luke's Eldercare centre.
Korea is aging fast. But what's even worse is that Korea hasn't made ANY improvements in confronting this issue over the past two decades.
MDI Achieve, provider of MatrixCare , the market-leading, certified Electronic Health Record solution for the long-term care and senior living continuum, today announced the appointment of Denise Wassenaar as its Chief Clinical Officer.
More baby boomers are pushing back their retirements and working longer, even as the recovery of the stock market replenishes portfolios that were depleted during the recession.
There were more than 350 flu outbreaks, compared to about 100 the year before. That number comes even though most residents are vaccinated.
Lois Jean Johnson, gets ready to make dinner for David Johnson Sr., 83, her father-in-law, in his home in North Franklin Township Thursday.
Chris Benditzky has been promoted to foreman at Hickory Construction. Vince Marshall has joined the company as a field manager.
Four employees of an Ontario long-term care facility have been suspended and two investigations have been launched, after a concerned man installed a hidden camera in his mother's room and captured shocking video of neglect and abuse.
"Choose a Long-Term Care Setting" is a workshop sponsored by Hospice of Humboldt from 6:30 to 8 p.m. Tuesday at Humboldt Area Foundation, 373 Indianola Road.
They had been debating a bill that would allow child-care providers and personal-care workers to unionize.
Ruth Wherry sat at her daughter's dining table on Wednesday wearing brightly colored scrubs, a stethoscope slung over her shoulders.
Women live longer, make less money, and take care of loved ones more often than men.