Elder Financial Abuse: Too Often, It’s All in the Family

The problem of elder financial abuse has been widely reported – in fact, we’ve published several articles about this tragic topic right here on our AgingOptions blog.  Often the articles that warn about those who take advantage of seniors seem to concentrate on strangers – the scam artists on the phone or the bogus general…

Troubling Study Reveals Seniors are at High Risk of Opioid Addiction

The story has been all over the news in recent months, with headline after headline declaring that America is in the midst of a severe epidemic of addiction to painkillers. “From wonder drug to abuse epidemic,” says CNN. “The worst drug crisis in American history,” says PBS’s Frontline. According to the U.S. Department of Health…

Thinking About the Ideal Setting for Retirement? Follow These Steps

One of the most important retirement decisions – and sometimes one of the most overlooked – is the decision about where you’ll want to live as you age. Based on thousands of conversations with clients, radio listeners and seminar guests, we would observe that all too many seniors go into retirement assuming they’ll be able…

WSJ: Reverse Mortgages Becoming “More Appealing” to Younger Retirees

When the Wall Street Journal talks, people tend to listen, and that certainly applies to a subject as frequently misunderstood as reverse mortgages. A year or so ago this article appeared in the pages of this authoritative financial paper, and we have to imagine that it caused a few skeptics to sit up and take…

Heirs Wonder: “When My Parents Die in Debt, Am I On the Hook?”

The statistics are sobering: more and more seniors are entering retirement burdened with debt.  As a result, many of these aging Americans are literally dying broke, with little of their financial lives remaining but unpaid bills. That means a growing number of adult children are suddenly becoming heirs to an estate ladened with debt, and…

Falls by Seniors Take a Devastating Financial, Physical, Emotional Toll

According to this eye-opening article that we recently discovered on the website called HealthDay, there’s a new study out from the Centers for Disease Control and Prevention (CDC) that should grab the attention of every senior and every caregiver. The CDC has just examined recent statistics on the number of seniors who suffer from falls…

Survey: Some Improvement – but Not Enough – in Retirement Savings

Every few months, a flurry of news articles appears that tells the same sad tale: Americans simply aren’t saving enough to enjoy any kind of freedom in retirement. But our attention was recently drawn to this comprehensive article on the subject of retirement savings that we found on the GOBankingRates website. In the midst of…