Search found 977 matches

by CULater
Fri May 25, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

10YearPlan - Thanks for the detailed info. You are so correct about this. Another example: my mother has Type 2 diabetes and is on oral medication. For years, her doctor had her using lancets and strips to test for sugar daily. In the ALF they took over that responsibility but have to use their stan...
by CULater
Fri May 25, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

I honestly don’t know how probable the situation you describe is. The original statement was about treating easily survivable conditions. Would health care providers agree to withhold treatment for a UTI because someone had dementia? Let's look at a few different scenarios: 1) Hospital: Mom is hosp...
by CULater
Fri May 25, 2018 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

The wording in the typical Healthcare POI is that the person must be incapacitated in order for the POI to become effective (springing POI), or that the person must be unable to communicate their wishes before the agent can exercise their authority. Mine reads "in the opinion of my treating physicia...
by CULater
Fri May 25, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

I am, unfortunately, very familiar with this topic. Both of my parents got sick, more or less simultaneously. Both ultimately required full time care: one parent went to an assisted living facility specifically for Dementia and the other was cared for by a FT caregiver at home in the final months. ...
by CULater
Fri May 25, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 273
Views: 34323

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

https://asia.nikkei.com/Business/Companies/Honda-to-resume-sales-of-China-flagship-CR-V Sales to resume in China. Thoughts? Yeah, my thoughts are what Honda plans to do for all the other CRVs in the U.S., Canada, and Europe that have this problem!!! I haven't heard anything out of them on that. If ...
by CULater
Fri May 25, 2018 11:14 am
Forum: Investing - Theory, News & General
Topic: Is inflation the greatest risk to retirement portfolios?
Replies: 24
Views: 2236

Re: Is inflation the greatest risk to retirement portfolios?

I know that "adverse life events" are the greatest risk to well-being, but I can't do much more to mitigate unpredictable life events except hope that they don't happen or try to own insurance products that are available for some of those events if they do occur, such as healthcare, LTCi. My questio...
by CULater
Thu May 24, 2018 10:07 pm
Forum: Investing - Theory, News & General
Topic: Is inflation the greatest risk to retirement portfolios?
Replies: 24
Views: 2236

Is inflation the greatest risk to retirement portfolios?

Is the greatest risk to the survival of one's retirement portfolio the risk of inflation? Are there any comparable risks? If inflation is the greatest risk we face as retirees, would that not imply that the choice of investment assets should prioritize inflation risk? That would mean that we should ...
by CULater
Thu May 24, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

Here's one individual's take on an Advance Directive regarding Alzheimer's / Dementia to provide an example for changing the paradigm to fit one's own criteria and circumstances. Currently, my Advance Directive and healthcare POA do not address this, and I intend to have them revised to do so. I hav...
by CULater
Thu May 24, 2018 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

So whether or not the facility agrees with the decisions of the appointed health care agent...they (legally) still must comply with refusals, same as if the patient themselves were telling them "I don't want this medication or that treatment." I see no reason to dispute that; however, as I previous...
by CULater
Thu May 24, 2018 5:14 pm
Forum: Personal Consumer Issues
Topic: Anyone using Obitalk for Google Voice?
Replies: 32
Views: 2304

Re: Anyone using Obitalk for Google Voice?

Just received this email. I'm sure they won't mind me posting it here. I could have saved $15 on the Obi200 I just bought on Amazon. :( Google is in the process of upgrading the Google Voice service to a new platform. With that, Google will end support for their old voice platform. Based on this, an...
by CULater
Thu May 24, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: LTC Insurance Evaluation
Replies: 5
Views: 457

Re: LTC Insurance Evaluation

Part of your due diligence should include monitoring of the soundness of the insurance company offering the policy. Hopefully it's a reputable outfit and finances are sound.
by CULater
Thu May 24, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

A competent adult can refuse medications and refuse care, but there's a question about what the reaction would be by the care facility where they live. In my mother's case, she has occasionally refused certain medications in her assisted living facility. However, if she were to refuse a medication f...
by CULater
Thu May 24, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Anyone using Obitalk for Google Voice?
Replies: 32
Views: 2304

Re: Anyone using Obitalk for Google Voice?

Just bought an Obi 200 and didn't work at first until I downloaded the firmware update from the Obitalk website. Has been OK since then.
by CULater
Tue May 22, 2018 10:01 pm
Forum: Personal Consumer Issues
Topic: Medicare and Cataract surgery - one or two charges?
Replies: 31
Views: 1369

Re: Medicare and Cataract surgery - one or two charges?

I went to a major University clinic and the doc there strongly recommended toric implants and also recommended mono vision, in which the dominant eye is corrected to distance and the other eye is corrected for near vision. With regard to toric, he said that's pretty much a "no-brainer" these days. H...
by CULater
Tue May 22, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

Incorporating dementia and Alzheimer's in your advance directive and healthcare agent instructions is important, should be done, is being totally ignored, and needs to be incorporated into our present practices taking into consideration all the problems and difficulties that are involved: Standard a...
by CULater
Tue May 22, 2018 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

Even those with the ability to self insure, a long tail yearly claim of 100,000 in today's dollars for 10 or more years is a very tough pill to swallow. That's why you have a health care POA. I saw first-hand how expensive it was for a loved one with dementia who spent the better part of a decade b...
by CULater
Tue May 22, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

Very tough subject. Dad had Alzheimer's and was in a wheel chair for it with daily care (read: attendants) while in an assisted living facility with my legally blind mother (wet macular, both eyes) from age 88 to almost 94, when he passed. Mom passed 6 weeks later @ a couple month's from 90. I know...
by CULater
Mon May 21, 2018 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

Seems to be some confusion. I inquired about nursing homes, being admitted as private pay instead of on Medicaid. Assisted living facilities are not nursing homes, and it is not typical that Medicaid covers assisted living expenses. For the most part, assisted living facilities are private pay facil...
by CULater
Mon May 21, 2018 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

Even those with the ability to self insure, a long tail yearly claim of 100,000 in today's dollars for 10 or more years is a very tough pill to swallow. I can't speak to Alzheimer's but have experience with full nursing care. At least in my area, if you choose a facility that accepts Medicaid you n...
by CULater
Sun May 20, 2018 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

The post title includes "Retirement Finances." Not much discussion in this thread so far. To address that, let me suggest Continuing Care Retirement Communities (CCRC's). You can search for earlier threads. If you are still healthy, you likely qualify medically for such a place. They are very expen...
by CULater
Sun May 20, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

He was referring to pre-clinical biomarkers for Alzheimer's which are primarily the presence of amygdaloid plaques and tangles. Maybe you meant "amyloid" plaques? That's been a hypothesis guiding Alzheimer's research for quite some time now. So far, it hasn't proven fruitful. Drugs targeting amyloi...
by CULater
Sat May 19, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

That was a statement made by the presenter at the session, Dr. Edward Zamrini Director of the Memory Center at Banner Sun Health Research Institute. He was referring to pre-clinical biomarkers for Alzheimer's which are primarily the presence of amyloid (corrected) plaques and tangles. He stated that...
by CULater
Sat May 19, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 82
Views: 6996

Alzheimer's Disease, Long Term Care, and your Retirement Finances

There have been some discussions about long term care expenses on the forum, and I've found these to be very valuable. I just attended a session presented at the Banner Alzheimer's Research Institute in Phoenix that shed some additional light and concerns that I thought I'd like to share. The Banner...
by CULater
Sat May 19, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Assisted Living tax deduction as medical expense
Replies: 23
Views: 1773

Re: Assisted Living tax deduction as medical expense

As I said above, consulting an elder care attorney who deals with medical deductions would be the best way to go. There's a lot of ignorance and opinions are all over the map about this among the public. You've got enough problems aging and living in an elder residential facility. Last thing you nee...
by CULater
Sat May 19, 2018 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Assisted Living tax deduction as medical expense
Replies: 23
Views: 1773

Re: Assisted Living tax deduction as medical expense

My mother has been in two assisted living facilities and I've dealt with this. In both, there were two categories of costs. First, there is the monthly "rent", which is your basic room and board cost; second there is your "level of care" costs, based on an evaluation conducted by the facility on adm...
by CULater
Tue May 15, 2018 11:11 pm
Forum: Personal Consumer Issues
Topic: Grand Canyon or other Nat'l Park in October?
Replies: 44
Views: 2339

Re: Grand Canyon or other Nat'l Park in October?

Funniest thing that ever happened was when we were hiking out from Bright Angel camp up to the South Rim. We stopped to admire the Colorado River and while we were standing there a Ranger walked up and we began chatting. He told us that his beat is to hike down and back up daily to patrol the Bright...
by CULater
Tue May 15, 2018 2:23 pm
Forum: Personal Consumer Issues
Topic: Now that we know we're just digital prey, tell me about ad blockers and other apps and which ones are best
Replies: 17
Views: 1393

Re: Now that we know we're just digital prey, tell me about ad blockers and other apps and which ones are best

revert wrote:
Tue May 15, 2018 9:19 am
What platform(s) do you use - desktop operating system, browser, any mobile devices, etc?

The options vary because each environment exposes different hooks to build an ad blocker.
I am using a Mac and usually use Safari browser but can use Chrome if it would be better.
by CULater
Tue May 15, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: Grand Canyon or other Nat'l Park in October?
Replies: 44
Views: 2339

Re: Grand Canyon or other Nat'l Park in October?

The Rim-to-Rim is a great hike, but another option is to hike down and spend 2-3 nights camping at Bright Angel or staying at the Phantom Ranch and doing day hikes from there. All kinds of opportunities. You could either do that from the North Rim or the South Rim. The advantage of the North Rim is ...
by CULater
Tue May 15, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: Now that we know we're just digital prey, tell me about ad blockers and other apps and which ones are best
Replies: 17
Views: 1393

Now that we know we're just digital prey, tell me about ad blockers and other apps and which ones are best

As we've recently learned from Facebook, we are silently being hunted and exposed to thousands of internet predators who are trying to pick our pockets and influence our behavior. It's a little scary to learn what happens invisibly when we're out there browsing around: Dissect how such systems work,...
by CULater
Mon May 14, 2018 10:29 pm
Forum: Personal Consumer Issues
Topic: Grand Canyon or other Nat'l Park in October?
Replies: 44
Views: 2339

Re: Grand Canyon or other Nat'l Park in October?

One thing to consider on the Rim to Rim hike is the distance and driving time for the shuttle from one Rim to the other. It's about 250 miles and takes over 5 hours, so that's a day of your time either at the beginning or the end of the hike. Real hikers can do the hike in a day, but the rest of us ...
by CULater
Mon May 14, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: Considerations in selecting a hearing aid
Replies: 14
Views: 585

Re: Considerations in selecting a hearing aid

As far as on-the-fly adjustability is concerned, the Siemens I had used an app on your smartphone so you could do that. I think the ReSound did too. Initially, I thought that would be great but after wearing aids not so much. Main problem with aids is that they are terrible in noisy environments lik...
by CULater
Mon May 14, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: Grand Canyon or other Nat'l Park in October?
Replies: 44
Views: 2339

Re: Grand Canyon or other Nat'l Park in October?

Rim to rim hike is a major hike. I didn't get the sense you're thinking about that. Plus you have to reserve the Phantom Ranch months in advance, and also have campsite reservations 3-4 months in advance. Plus you'll have to backpack all your camping gear if you plan to overnight anywhere but the Ph...
by CULater
Mon May 14, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Considerations in selecting a hearing aid
Replies: 14
Views: 585

Re: Considerations in selecting a hearing aid

Just don't make the mistake one guy did. He had to go to see his audiologist complaining that one of his hearing aids wasn't working. The audiologist checked and told him "you've got a suppository stuck in your ear." The guy then replied: "Oh, I guess I know where my hearing aid is then." :oops:
by CULater
Mon May 14, 2018 1:16 pm
Forum: Personal Consumer Issues
Topic: Considerations in selecting a hearing aid
Replies: 14
Views: 585

Re: Considerations in selecting a hearing aid

I've gotten hearing aids at Costco and from three different private firms. I've also been seen and evaluated at two other private firms. I'd also recommend giving Costco a try first since you can use the aides for 6 months and still return them if you don't like them or find something you like bette...
by CULater
Mon May 14, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Conserving Parent's Money to Pay for Assisted Living
Replies: 7
Views: 1389

Re: Conserving Parent's Money to Pay for Assisted Living

The current cost of care for both is $7000/month or $84K per year and they have income of $60K, so the net out-of-pocket is $24K per year, or $2K per month. If they both needed to move to a higher level of care, such as memory care or long term nursing care, the costs could double. You'll have to de...
by CULater
Mon May 14, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Anyone using Obitalk for Google Voice?
Replies: 32
Views: 2304

Re: Anyone using Obitalk for Google Voice?

Thanks for the suggestions. Just to make my life easier, I went for an Obi200 for $49.95 from Amazon -- not a huge sum. Hooked it up yesterday and after I did the firmware update it works like a charm. I happy. :happy
by CULater
Mon May 14, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Life insurance viatical or life settlement instead of long term care insurance?
Replies: 29
Views: 1611

Re: Life insurance viatical or life settlement instead of long term care insurance?

WOW: But your biggest flaw is assuming you wouldn't need care until age 85. My wife and I own long-term care insurance now because the real risk is if one of us needs care in the first half of retirement, not the last half. I know a couple, Paula and Zack, who retired in their fifties. Shortly afte...
by CULater
Sat May 12, 2018 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance viatical or life settlement instead of long term care insurance?
Replies: 29
Views: 1611

Re: Life insurance viatical or life settlement instead of long term care insurance?

Actually, I found with the Genworth premium estimator that the premiums do NOT scale linearly with the coverage period. In other words, it doesn't cost 67% more to increase in the coverage period by 67% (going from 3 years to 5 years coverage). The estimated premium only increases by 20%. That makes...
by CULater
Sat May 12, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 273
Views: 34323

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Thanks CULater. I hope this thread continues until there is a definitive correction, as DH is hoping to buy another CR-V EX or EX-L next year. We have had CRVs since their inception. I'll keep you updated on my travails. If Honda issues a fix or recall, I'll be on top of it. If there is a class-act...
by CULater
Sat May 12, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance viatical or life settlement instead of long term care insurance?
Replies: 29
Views: 1611

Re: Life insurance viatical or life settlement instead of long term care insurance?

#1) If I knew I was only going to need care for 3 years AND that I would not need care for at least another 30 years, I'd self-insure. So, your solution to insuring for 30 years of care is??? Haven't seen any numbers. Do you have any numbers? Everyone would like to have unlimited coverage but (a) i...
by CULater
Sat May 12, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance viatical or life settlement instead of long term care insurance?
Replies: 29
Views: 1611

Re: Life insurance viatical or life settlement instead of long term care insurance?

Maybe you'd like to check this article by Kitces: when it comes to long-term care needs in today’s environment, what was perhaps once a higher-cost lower-probability event has now turned into a very high-probability event with an increasingly large volume of “lower-cost” claims. As a result, long-te...
by CULater
Sat May 12, 2018 12:28 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 273
Views: 34323

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Do we know what year the oil-gas dilution issue reared it's ugly head? I have a 2012 CR-V EX with about 60,000 miles on it. Mainly affecting the 1.5L turbo engine that Honda started using in the 2016 Civic and the CRV in 2017. Seems related to the use of small-displacement turbo engines with direct...
by CULater
Sat May 12, 2018 1:01 am
Forum: Personal Finance (Not Investing)
Topic: Life insurance viatical or life settlement instead of long term care insurance?
Replies: 29
Views: 1611

Re: Life insurance viatical or life settlement instead of long term care insurance?

Five companies offer 15 years of shared benefits for spouses/partners. Is 15 years "short term care"? Two companies offer 10 years of shared benefits for spouses/partners. Is 10 years "short term care"? Two companies offer unlimited policies. Is unlimited "short term care"? I'm not sure exactly wha...
by CULater
Fri May 11, 2018 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance viatical or life settlement instead of long term care insurance?
Replies: 29
Views: 1611

Re: Life insurance viatical or life settlement instead of long term care insurance?

All this stuff about "tapping your life insurance to fund something else" is pure double-counting, having your cake and eating it, too. Either you needed the life insurance death benefit, or you didn't. If you didn't need it, you shouldn't have bought it. If you do need it, then you shouldn't be sp...
by CULater
Fri May 11, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 273
Views: 34323

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

The Honda Service departments claim ignorance of this issue, but I wonder what the salespeople know when it comes to offering trade-in value for your CRV. I'm tempted to go to a couple dealerships and act like I want to trade my CRV on something else just to find out. Salesman: "Well, there have bee...
by CULater
Fri May 11, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: Anyone using Obitalk for Google Voice?
Replies: 32
Views: 2304

Anyone using Obitalk for Google Voice?

Have been using an Obi100 for years for VOIP with Google Voice and no problems. But lately it won't work anymore and I keep getting this error message in the setup Backing Off : TCP connection to 74.125.135.125 failed I've tried all the obvious things like rebooting everything, deleting and re-insta...
by CULater
Fri May 11, 2018 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Life insurance viatical or life settlement instead of long term care insurance?
Replies: 29
Views: 1611

Re: Life insurance viatical or life settlement instead of long term care insurance?

Why do you think long-term care insurance only pays for 2 or 3 years of care? My wife and I have 10 years of benefits we share between the two of us. Most LTCi policies today offer couples anywhere between 10 and 16 years of shared benefits. Two companies offer lifetime/unlimited benefits (e.g. NO ...
by CULater
Thu May 10, 2018 10:44 pm
Forum: Personal Consumer Issues
Topic: Picking up New Subaru-Worth buying extended warranty?
Replies: 33
Views: 2061

Re: Picking up New Subaru-Worth buying extended warranty?

It's worth to the seller. Good insurance is defined as paying for the pooled risk of low probability events that are very costly if they happen to occur and aren't covered by your own auto insurance policy or another party's liability insurance. Extended warranties don't really do that, and/or you a...
by CULater
Thu May 10, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: Do you know anyone unhappy in a CCRC?
Replies: 41
Views: 4530

Re: Do you know anyone unhappy in a CCRC?

One of my biggest concerns is dementia. I think that is a bigger risk than physical debilitation for us elderly. How is the facility going to provide care for that? My friend's parents moved into an upscale CCRC and then the mother developed Alzheimer's. Fortunately for her, the father was able to ...
by CULater
Thu May 10, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance viatical or life settlement instead of long term care insurance?
Replies: 29
Views: 1611

Re: Life insurance viatical or life settlement instead of long term care insurance?

Maybe you need both. If you never need to use your life insurance for long term care or other expenses while alive, then the death benefit goes to your chosen beneficiary. But if you never need to use your LTCi, it goes to the insurance company. "...but if you never need to use your LTCi, it goes t...