Transamerica Survey Says Over One-Third of Seniors Report Declining Financial Health in Retirement

If retirement is on your horizon, you’ve probably been spending a lot of time wondering how well your finances will hold up once you cut the ties to full-time work. For many retirees, the financial transition to retirement turns out fine. However, that’s not always the case, according to this recent article from Motley Fool.…

Best of Intentions: If You Want Your Estate to be Distributed Properly, Remember to Update Your Beneficiaries

Here’s a question: if you’ve made it clear in your will which of your heirs should inherit money from your estate, how it is possible that those funds will end up going to someone else? The answer is simple: if you’ve forgotten to update the beneficiary information on a life insurance policy, retirement plan, or…

One-Third of Knee Replacement Surgeries Leave Patients in Chronic Pain, Says Kaiser Health News Report

Knee-replacement surgery is becoming more and more commonplace. A decade ago, surgeons operated on more than 600,000 people in the U.S. alone, a number that is projected to increase six-fold by 2030. But does the procedure result in the pain-free, active life that marketers suggest? For many the answer appears to be no. Knee Replacement…

Wall Street Journal Report: Boomers are Entering Retirement Less Prepared than Their Parents

For most of modern American history, it has been axiomatic that each generation would enter old age in better financial shape than their parents. Not anymore. Today’s retiring baby boomers are re-writing history, and not in a good way. The Least-Prepared Retirees in Decades “Americans are reaching retirement age in worse financial shape than the…

Taking early social security is usually a bad idea.

Is It Best to Delay Social Security Benefits Until Age 70? Rajiv Nagaich of AgingOptions Says That’s the Wrong Question!

Every few weeks, it seems, we encounter a new article or two trying to provide a definitive answer to a familiar question: when is the best age to begin taking Social Security benefits? Two such articles came to our attention recently, articles we found notable because the authors disagree pretty strongly with each other’s recommendations.…

No Laughing Matter: Hoarding Disrupts Families, Endangers Health, and Costs Thousands to Remedy

Hoarding is one of those little-understood habits that people sometimes laugh about or make light of (or even feature on so-called reality television shows). But you are the adult child of a hoarder, you know the issue is no laughing matter. This article that appeared a few months ago on the NextAvenue website, written by…

Retirement Risks Can Be Eliminated

Instead of a “Food Diet” in the New Year, Consider a “Financial Diet” to Boost Retirement Security, Says Kiplinger

The New Year is here, and every year it seems the top New Year’s resolution involves going on a diet. But just as many doctors recommend a “food diet,” some financial planners say people getting ready for retirement need to go on a financial diet, trimming wasteful spending in order to get themselves better prepared…