“Let’s Get Real” – Your True Cost of Health Care in Retirement May Not be Quite as Frightening as it Seems

Big numbers have a way of getting our attention, especially when those big numbers are intended to scare us. One of the “big numbers” that often scares retirees is the projected cost of medical care: usually it’s presented as a huge lump-sum dollar amount, as in, “The average retired couple will need at least $280,000…

New Study Links Having a Strong Sense of Life Purpose with Living Longer, Staying Healthier

The late American psychologist Wayne Dyer once said, “If you are what you do, then when you don’t – you aren’t.” This little aphorism accurately describes the plight of many retirees. Their identity is so wedded to their work that, once they quit their jobs, that sense of identity disappears. In short, they’ve lost their…

Wish You Could Have a Financial Do-Over? USA Today Article Lists the Top Five Retirement Money Regrets

Do you have any financial regrets as you approach retirement? If we’re honest, every one of us would have to answer “yes.” We look back over debts we incurred, foolish purchases we made, investments that went sideways or money we misspent and we can’t help experiencing a little second-guessing. The good news is that we’re…

About to Retire? Don’t Neglect Your Credit Score – it will Still Prove Helpful Even When You’re No Longer Working.

All through our adult lives we’re continually reminded of the importance of paying our bills on time. One of the chief benefits: a high credit score, the Holy Grail of good money management. With a high credit score, we’re told, credit card companies, mortgage companies and car loan companies will be tying themselves in proverbial…

AgingOptions Follow-Up: Medicare’s Nursing Home Compare Web Tool Now Includes Short-Stay Rehab Facilities

For several years families looking for nursing home care for a loved one have relied on Medicare’s Nursing Home Compare website. This site provides quality ratings for more than 15,000 facilities nationwide, awarding grades of one to five stars in three evaluation categories – health inspections, staffing levels, and clinical data – plus an “Overall”…

Your Actual Mileage May Vary: Government Figures Reveal What the Average Retirement Really Costs

Averages can be misleading things. If you buy a vacation home based on the “average” temperature, you might be surprised by blazing summers and frigid winters. Baseball fans who put too much stock in batting averages are disappointed when the best players strike out twice as often as they get a hit. When it comes…

Retirement Fears are Running Rampant, says Forbes – but the Cure Could be as Simple as a Solid Plan

What are you afraid of? Are there things that keep you awake nights or cause your knees to tremble just thinking about them? If you search online for most people’s Top Ten Fears, you’ll find a predictable list: public speaking, flying, snakes, heights, spiders, going to the dentist, and so on. But based on a…