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Description Contents Author Reviews Description
Social Security is changing. Medicare is changing. Medicaid is changing. Retirement planning is changing. It is imperative in order to survive financially to understand these confusing changes and make them work to your advantage. These issues particularly affect baby boomers caring for aging parents or planning their own retirement and financial future. This book shows you what to expect, what these changes mean and how to make these changes work to your advantage.Consumer finance expert and nationally syndicated radio host Steve Weisman begins with a complete guide to your retirement investment choices, from IRAs and 401Ks to the latest insurance products... even new techniques, such as reverse mortgages. Drawing on his exceptional expertise as a financial planner and attorney specializing in elder care issues, Weisman presents insights you can't find elsewhere: simply, painlessly, and with welcome humor. topContents
Acknowledgments xxi About the Authors xxiii Introduction xxv Part I: Planning for Your Money 1 1 Iras and 401(k)s 3 2 Retirement Investing 15 3 Annuities 31 4 Income Taxes for Seniors 45 5 Age Discrimination 63 6 Reverse Mortgages 79 Part II: Planning for Long-Term Care 97 7 Home Care 99 8 Choosing a Nursing Home or an Assisted-Living Facility 111 9 Long-Term Care Insurance 129 10 Alternatives to Long-Term Care Insurance 145 Part III: Government Programs 159 11 Social Security 161 12 Medicare 177 13 Medicaid 207 Part IV: Health Care Decision Making 237 14 Advance-Care Health Care Directives 239 Postscript 257 Index 259 topAuthor
Steve Weisman hosts the nationally syndicated radio show A Touch of Grey, heard on more than 50 radio stations throughout the country. He has been an award-winning talk show host and commentator for more than 20 years. A member of the National Academy of Elder Law Attorneys, Weisman is a practicing attorney. He specializes in estate planning, probate, and elder law. He has taught at the University of Massachusetts, Curry College, and Boston University, and is currently an adjunct faculty member at Bentley College. He holds a B.A. degree from the University of Massachusetts at Amherst and a J.D. degree from Boston College Law School, and is admitted to practice before the United States Supreme Court. Weisman is a legal editor and columnist for Talkers Magazine and writes on legal matters for publications from The Boston Globe to Playboy Magazine. He has earned a Certificate of Merit from the American Bar Association for excellence in legal journalism. His previous books include A Guide to Elder Planning (Pearson Education, 2003) and 50 Ways to Protect Your Identity and Your Credit (Pearson Education, 2005). topReviews
Financial guidance for the “sandwich generation.” Baby Boomers are finding themselves in an odd place, concerned with caring for their kids and their parents–all while thinking ahead to their own retirement. Meanwhile, the old standbys, like Social Security, Medicare and Medicaid, are all changing. Weisman effectively addresses the Boomers’ specific financial needs and concerns. A leading elder law attorney and host of the nationwide radio show A Touch of Grey, he presents a straightforward guide to planning for your and your parents’ future. He takes the guesswork out of IRAs, 401(k)s, annuities, reverse mortgages, long-term care insurance, home care, assisted living, nursing homes, living wills and advance health-care directives. Readers will also find up-to-date information on the latest Social Security, Medicare and Medicaid changes, as recently passed by Congress, plus useful information on “secret” tax breaks. The author’s clear and humorous style is engaging, even when the subject matter gets a little heavy. A smart, readable guide for Baby Boomers looking to face the future with confidence and financial freedom. --Kirkus Reports top
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