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Things They Don’t Teach You in School – Planning to Live Beyond 65


With the school year back in full swing, it’s the perfect time for grown-ups to get a lesson or two in smart retirement planning. Maybe your children are off to college and you’re trying to care for parents, work full time – and plan for the future? Or, perhaps you’ve been concerned about preserving assets so you can pay for long-term care in these financially rocky times. If these scenarios sound familiar, you’ll want to listen to a Life Happens Radio podcast.

Lou Pierro is joined with geriatric care manager Katherine Rosenblatt, LMSW, who works with EverHome Care Advisors, a program offered by Pierro, Connor & Associates.  They start the show by discussing life expectancies, and how those aging predictions have changed legal and care planning throughout our lifespans.

Many years ago, 64 or 65 was considered the “retirement age,” and our culture did not plan for life expectancy to expand. Families were more centrally located, allowing for relatives to care for loved ones. Today, people are working well into their 70’s, and many families are dispersed all over the country, making it even more crucial to start planning for the future now.


A major topic discussed on the Show revolved around the assumption that Medicaid pays for long-term care. In reality, a majority of the time it does not. The national average for nursing home care is $140,000 to $150,000 per year, so it’s necessary to start devising ways to pay for that healthcare.

Lou and Katherine described the benefits of services like EverHome Care Advisors. When someone receives Medicaid, they seldom have an advocate who understands his or her specific needs. People are dealing with hospitals, doctors and providers that all have the same “bottom line.” At EverHome, Katherine is the client’s personal advocate, working tirelessly to get in place an individualized plan for aging. She understands the language of health care professionals, making the process smoother and less stressful.

To listen to the podcast, click here. More information about EverHome Care Advisors can be found by clicking here.