Posts tagged: Parents

How can a permanent resident become eligible for medicare or medicaid?

medicare
MMQD asked:


My parents are both over 70. They became permanent residents last year. But they never actually worked here before. Is there a way for them to become eligible for medicare or medicaid? If they have to work, how long do they have to work? Can they work at private industry or self-employed?

BRANDT

What percentage of retirement money should go to real estate?

retirement
Christina asked:


My parents have reached their retirement age and are planning on buying a home in California. What percentage of their savings should go to the downpayment? They want to maximize the downpayment so that their monthly payment can be easily covered by their Social Security and pention. But I worry that they won’t have enough investment in other areas and will be short on the rainy-day funds. Please help!
Not that I didn’t try…. Grandparents always want to stay close to the grandkids. My husband and I are probably going to be in Ca long-term so that makes it impossible to convince my parents to consider other states. They are not millionairs and they are not going to invest in real estate. Just want to get themselves a place to live and still have some extra money for day to day spending.

SMILEY

My parents have medicare parts a and b plus a supplementary insurance, should they be receiving a bill?

medicare
masaouda asked:


Retired and living in florida, when you visit the physician’s office and they are a medicare provider, are they allowed to bill you or are they to accept what medicare provides?

LEONARD