Kaiser Report: With “Intubation” as the New COVID Watchword, Many Fearful Seniors Are Changing Their Living Wills

It’s called “intubation,” and the term has become much more familiar in the roughly 90 days since the coronavirus became headline news. Now, according to this recent Kaiser Health News report, many seniors fearful of the procedure and its negative side effects are rewriting their living wills to include the words, “No Intubation.” “No Intubation”…

“Dear Grandma” – CNN Pens an Important Note to All Those Grandparents Who Can’t Wait for that Visit with the Grandkids

Many of our AgingOptions blog readers are grandparents – and if that describes you, then you have probably spent the past two-plus months going through major “grandchild withdrawal.” The isolation forced on all of us by COVID-19 has left hug-hungry Nanas and Papas, Grandmas and Grandpas starved for the kind of physical contact that a…

Will Each of Your Kids Get an Equal Inheritance? How You Handle That Question Can Cause Family Strife – or Prevent It

As you plan ahead for the end of your life, one of the decisions you’ll want to think carefully about is the eventual disposition of your estate. If you plan to leave your assets and possessions to your children – and if you have more than one heir – you’ll have a potentially tough choice…

Is Your Financial Advisor Really Helping You? NerdWallet Article Says Stock Market Turmoil Can Be a Perfect Time to Find Out

We generally appreciate what Liz Weston, columnist for the NerdWallet website, has to say, and this recent article is no exception. Instead of focusing on the nuts and bolts of financial planning and investing, Weston brings up the human dimension. During tumultuous seasons in the market like the one we’ve experienced since the coronavirus pandemic…

Woman concerned about retirement

Adding to COVID-19 Fears, Delays in Medicare Applications Raise Anxiety for Seniors in the Midst of the Pandemic

As if the anxiety over the coronavirus and the economic upheaval it has triggered weren’t enough, now America’s seniors are facing another situation to add to their fears. A growing number of worried Medicare applicants are seeing their coverage requests delayed due to an overloaded system and the temporary closure of Social Security offices nationwide.…

When You Pass Away, What Happens to Your Debt? You and Your Loved Ones Deserve to Know the Answer

When it comes to estate planning, most of the issues are straightforward. The biggest questions often involves figuring out who gets what – in other words, what will happen to your wealth and material goods when you shake off this mortal coil. Unfortunately, however, there’s something else many seniors are leaving behind which no one…

Time for Some Reflection: Study Says Adults with a Strong Sense of Life Purpose Live Longer, Stay 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. That feeling of losing one’s…

Focus on Estate Planning: Review Your Plan Regularly to Steer Clear of These Planning Pitfalls

The term “estate planning” means different things to different people at different stages of life. Estate planning encompasses – or should encompass – an entire adult lifetime of saving, planning, preparing, and insuring, all with the goal of finishing life well and passing your legacy along to the next generation. Once in a while, then,…

Focus on Estate Planning: If You Need a Will – and You Do – Is There a Way? Even in a Pandemic, No One Needs to Pass Away Without One

Isn’t it strange how it sometimes takes a national emergency to get us to do the things we’ve always intended to do, but never quite got around to? Writing a will is one of those items languishing on many people’s To Do lists. (How else do you explain the fact that, according to AARP, roughly…