As older adults navigate financial planning, one of the most significant assets they own is their home. In situations where additional funds are needed—especially to cover long-term care costs—home equity can be a valuable financial resource. However, accessing home equity requires careful consideration, as different financial products come with varying risks and benefits. The three […]
By Esther Claudette Gittens Reaching the age of 65 is a major milestone in the United States, particularly because it marks eligibility for various federal and state benefits. At this age, many individuals become entitled to Social Security benefits, Medicare coverage, and potentially Medicaid assistance, along with other financial and healthcare-related programs. These benefits play […]
By Esther Claudette Gittens As parents age, many adult children face the challenging task of finding appropriate care solutions to ensure their parents’ well-being. In a city as bustling and diverse as New York City (NYC), this task can be both overwhelming and rewarding. With myriad options available, ranging from adult day care programs to […]