According to a study done by Prudential in 2009 37% of people think that Medicare will cover their long-term care costs. This is false. Medicare does not pay for long-term care. Medicare is also not free, there is a monthly premium associated with Medicare Part B.
Tag: money
2010 Conference Session: Ethical & Legal Response: Identifying and Reporting Elder Abuse
At NJFA‚Äôs 12th Annual Conference on June 10th we were pleased to offer a workshop titled, ‚ÄúThe Ethical and Legal Response: Identifying and Reporting Elder Abuse, Neglect and Exploitation‚Äù. This session featured, David Ricci, State Coordinator of Adult Protective Services; Pat Bohse, Manager, NJ4A; Linda Murtagh- Social Work Supervisor, Ocean County Board of Social Services; […]
More about NJFA’s 12th Annual Conference!
Offering welcoming remarks at the New Jersey Foundation for Aging‚Äôs conference this year was Patricia Polansky, Assistant Commissioner from the Dept. of Health and Senior Services.¬† We were pleased to have Pat join us and kick off the day! Her remarks began with comments about the budget and fiscal concerns for the State. However, the […]
Volunteers in NJ
Volunteering in NJ Data from 2007 and 2008 showed that about 26% of the American population volunteered. This, according to the US Bureau of Labor and Statistics means that over 61 million people volunteered between 2007 and 2008. Volunteers were fairly evenly distributed over the age groupings of 35-44 (31%), 45-54 (29.9%) and 55 to […]
Do you know how much you need to retire in New Jersey?
A recent survey by the Employee Benefit Research Institute reports that 43% of workers say they have less than $10,000 in savings. The annual survey, Retirement Confidence Survey, included 1,153 respondents age 25 and older who were employed or retired. 27% indicated they had less than $1,000 in savings. On top of that 24% reported […]