Episode 5: How Do I Pay For Senior Care?

Karin and Andrew discuss the progression of Joanna's care costs, including how she was able to afford assisted living, and then her home care program. To get a wider handle on senior care cost, the siblings are joined by Richard Eisenberg, the former managing editor of Next Avenue, the PBS site for the 50+ crowd. Through his books, freelance articles and podcast Friends Talk Money, Richard has become an important voice at the intersection of aging and personal finance. He shares numbers, challenges and suggestions for those asking how to pay for senior care. Friends Talk Money Podcast The Latest From Richard Eisenberg Chapters (00:00:01) - Unique New York: The arsonist has oddly shaped feet(00:00:35) - When Caring for an Aging Loved One(00:01:30) - How to Manage Mom's Money as She Gets Older(00:09:49) - Moving Mom back to her home(00:17:42) - Richard Eisenberg on His Unretired Life(00:18:43) - Care for Your Aging Loved One(00:25:58) - Group Homes for the elderly(00:29:42) - Medicaid for Alzheimer's and dementia(00:35:01) - Planning for Your Senior Care Needs(00:43:02) - Richard and Karen on Long Term Care Insurance(00:45:36) - Wishing Amy and Richard Well-bye(00:46:31) - Joanna's Songs at the Piano(00:47:44) - Long Term Care Insurance: Important for Seniors(00:52:18) - Seniors and the Retirement Problem(00:53:04) - A message from Joanna's