Taking early social security is usually a bad idea.

Social Security Fraud Advisory: Here’s How to Stop the Bad Guys from Stealing Your Identity and Ripping You Off

Every so often here on the AgingOptions blog we remind readers of the many ways in which scammers and con artists are out to steal your identity and your money. Social Security fraud seems particularly reprehensible to us, targeting seniors who are society’s most vulnerable victims. Today we offer two articles for your consideration, one…

A women perplexed by retirement finances

Be Careful What You’re Taking: These Widely-Used Medications can Mimic – and Even Trigger – Dementia

A class of drugs that is taken by as many as one in four older adults has recently been shown to cause symptoms that mimic dementia. Now doctors are wondering whether long-term exposure to these medications can trigger symptoms of cognitive impairment that may prove irreversible. Medications that Mimic Dementia are Widely Prescribed We read…

Counting on Medicare When Retiring Abroad? New York Times Warns Overseas Retirees That “Medicare Doesn’t Travel Well”

It’s a growing trend, statistics say: more and more Americans are finding their dream retirement by moving abroad. They are drawn by lower living costs, beautiful scenery, a more leisurely pace, and the cultural appeal of living in a foreign city or town. But if you’re about to retire and looking outside of the U.S.…

Many Retirees are Unprepared for an Emergency Expense, Experts Say, and the Consequences Can Be Costly

Late last year we reported on a study by the Society of Actuaries that should cause concern for retirees.  As this Money magazine article reported at the time, retirees are woefully unprepared for common financial emergencies. While many manage their day-to-day budgeting fairly well, a significant percentage are completely unready for a financial crisis, and…