“If I only knew then what I know now!” Many of us have uttered those words time and time again when we consider the choices we should have made decades ago. Nowhere are those “if only” regrets more acute than in the area of finances, especially when it comes to preparing for retirement. If we…
With all the startling advances in digital technology, many experts seem to believe that the tech industry is on the verge of solving all our problems – especially in the realm of health care. But this article we discovered earlier this year from CNBC asks a nagging question: with all the billions being spent on…
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 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…
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.…
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…
Are you ready to retire? That’s a question more and more baby boomers are asking themselves. Every day, 10,000 boomers reach retirement age, and the “leading edge” of the boomer wave is now well into their 70s. For those boomers not yet retired, the question looms large in their thinking: am I ready to retire?…
Every day, Meals on Wheels volunteers serve more than 900,000 free meals to housebound seniors in need. Now, thanks to an innovative program that originated in San Diego, these volunteers are being equipped to serve as a kind of early warning system to alert authorities of health care concerns that might otherwise have gone unnoticed.…
Over the years here at AgingOptions we’ve dealt with hundreds of families, and we’ve seen some of the harm that poor planning combined with toxic family dynamics can create. Estate planning done poorly offers limitless opportunities for family tensions. As you approach retirement, you may be thinking about designating one of your adult children as…
Among all the thousands of people we talk with in our office, in our seminars, and on the radio, the single biggest fear most retirees have can be boiled down to one simple question: will I have enough money to live a decently comfortable life? There’s no shortage of articles filled with advice on how…