Cognitive Impairment and Personal Finance: Recognizing the Warning Signs in Someone You Love

According to the Alzheimer’s Association (www.alz.org) one senior in three passes away with some form of dementia – and those numbers are increasing. So that presents a pretty strong likelihood that an aging person you love is starting to deal with the effects of cognitive impairment. Every month there are many articles appearing that discuss…

Medicare Plan Finder Confusion

Medicare Advantage Changes

Changes are On the Way for Medicare Advantage – but Don’t Celebrate Too Soon, Says New York Times   The announcement came a few months ago (and we wrote about it on the Aging Options blog back in April): Medicare Advantage plans were about to change, expanding to offer a whole host of new services…

For a Less Expensive, More Homelike Atmosphere in Senior Housing, Consider an Adult Foster Home

The housing choices for aging seniors have traditionally fallen into one of two categories: either living at home (including with a family member) or living in some sort of retirement home. Increasingly, however, seniors and their families are turning to a third “in-between” option. They’re choosing what many refer to as adult foster homes. A…

Unexpected Financial Emergencies Can Play Havoc in Retirement. Do You Have a Coping Strategy in Place?

As professionals who help people from all walks of life plan for retirement, Rajiv Nagaich and his team at AgingOptions deal with common questions almost all the time. One of the most frequently-voiced worries from retirees and those facing retirement involves financial emergencies and how to handle them, especially when living on a fixed income.…

If Working Past Retirement Age is Part of Your Financial Strategy, You May Have to Think Again

Many of those who are boomers and older remember when our parents retired. The common pattern a generation or two ago was that dad (typically the chief breadwinner) hit the magical age of 65 and retired on a company pension. Things have certainly changed. Not only are far fewer workers retiring with a pension, but…