Tag: aging
The best reason to set up a power of attorney for yourself or an elderly family member is to avoid a far more contentious and expensive alternative later: guardianship. A power of attorney becomes urgent if an elderly family member is showing early signs of dementia. “You want to run, not walk, to get that…
When older workers are laid off, the timing of the career disruption could not be worse – when they should keep working and saving for retirement. Their situation is even more precarious if a parent or spouse is in need of care. A new study shows that people who become unemployed mid-to-late career are mor…