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    About Bob Mauterstock

    Coaching families and their financial advisors to learn the skills necessary to live fruitful lives

    34 years ago I started my career in the financial services industry. I set up my first registered investment advisory firm in 1982 (Financial Action Plans,Inc.) and began doing financial planning for my clients.

    Early Retirement, Medicare, and How the Affordable Care Act Affects Seniors

    Guest post written by: Edward Oberg Chances are, if you’re alive, you know the Affordable Care Act (commonly referred to as “Obamacare”) is here, and it’s confusing. Between trumped up rumors of plan cancellations and high penalties for those who don’t comply, more misconceptions seem to flood our screens than useful information. However, even if…

    No Nursing Homes for Baby Boomers!

    Many families choose to stay in their home if one spouse needs long term care. But some can no longer stay there due to their needs or just the difficulties of moving about in the house. As 10,000 baby boomers reach retirement age every day, most who need care will not plan to enter a…

    Can Telemedicine Help Your Aging Parents?

    What do you do if you can’t get your aging parent to a doctor’s office because of her disability? What do you do if your parent needs to see a specialist who may be hundreds of miles away? A new area of medicine known as telemedicine may be the answer to your problem. I first…

    Major Breakthrough in Medicare Coverage for Chronic Illnesses

    For years we have accepted the fact that Medicare will only cover physical therapy for patients who are continuing to improve. When my mother broke her hip, the therapists informed her doctor that Medicare coverage for rehabilitation would cease after only three weeks of therapy. They told us that she would have to return to…

    Have You Attended a Death Cafe?

    At a Death Cafe people, often strangers, gather to eat cake, drink tea and discuss death. Their objective is ‘to increase awareness of death with a view to helping people make the most of their (finite) lives’. A Death Cafe is a group directed discussion of death with no agenda, objectives or themes. It is…

    “My Healthcare Wishes” App can save your life!

    IMPORTANT UPDATE Effective in early September 2016, the ABA will no longer be selling or supporting the My Health Care Wishes Pro app. Due to reasons of financial sustainability, the app will be removed from both the iTunes and Google Play iStores as of September 3rd, 2016. The app will continue to be usable indefinitely…

    Consider a POLST Form for an ailing parent

    In 2011 I wrote a post that describes DNRs (Do Not Resuscitate Orders). A Do Not Resuscitate order is a binding legal document that states resuscitation should not be attempted if a person suffers cardiac or respiratory arrest. A DNR does not affect any treatment other than that which would require intubation or CPR. Patients…

    What will you do with all your stuff?

    One of the greatest concerns I have noted among older couples is, “What will happen to all our stuff when we are gone?” I can remember having a family meeting with a couple in their 70s and their four adult children and noticed that mom was getting very anxious. At first I thought her anxiety…

    Share Your Wisdom With Your Children

    Did your parents share their wisdom with you? Did they make you aware of anything they learned from their own successes and failures? Was it helpful to you? Have you thought about sharing your wisdom with your own children? Susan Turnbull in her book, “The Wealth of Your Life” reminds us that “What you have…

    Is A Hospice Program Right For Your Mom Or Dad?

    When the medical director of my mother’s assisted living residence called me I was curious to know what she wanted to talk to me about. After informing me how much everyone at the facility loved my mom she then made a statement that took me by surprise. “I think you mom would benefit greatly by…