Live it Up for Less: Five Ways to Cut Spending and Still Enjoy a Quality Retirement

Ah, retirement! It’s just one fancy meal and exotic trip after another, right? Well…maybe for a tiny handful of the über wealthy. For the rest of us, living in retirement means learning to compromise, improvise and economize, since there’s usually a limited amount of resources to spend on things that are purely fun. However, the…

Senior housing will be a problem in the future.

Is a Reverse Mortgage Right for You? Here are 8 Factors to Consider

In recent years there has been no shortage of articles about the Home Equity Conversion Mortgage (HECM), better known as the reverse mortgage. At AgingOptions we read these articles with a great deal of interest, since questions about these powerful but misunderstood financial tools come up frequently in our LifePlanning Seminars and on our radio…

Misunderstood, Often Misdiagnosed: This Type of Dementia Affects 60,000 Adults, Most Aged 45-64

There is a type of dementia that few have heard of. Far less common than Alzheimer’s disease, which affects some 5 million Americans, this type of dementia is found in about 60,000 people nationwide. It’s called frontotemporal degeneration or FTD, and though it’s largely unknown, it’s the most common form of dementia among patients under…

MarketWatch Article Recommends a “New Approach” to Retirement Planning – and it Sounds Pretty Familiar!

Here at AgingOptions, we can’t count the number of times we’ve reminded radio listeners and seminar guests that the traditional approach to retirement planning – focusing on finances and virtually ignoring everything else – is (as we say) a recipe for disaster. Sometimes we feel like a voice crying in the wilderness! So it’s gratifying…

Experts Propose New Ways to Define (and One Day Treat) Alzheimer’s

For the past several years there has been little if any obvious change in the way doctors diagnose Alzheimer’s disease. Typically, a patient starts showing some observable signs and symptoms, and they come to their doctor for neurological testing. By the time the familiar symptoms of dementia begin to show, the disease has already progressed…

Medicare Advantage Plans Cleared to Offer Expanded Services This Fall

Starting this fall, your ride to the doctor’s office or your home-delivered meal might be covered by your Medicare Advantage plan. The same goes for that air conditioner you need to help deal with your chronic asthma or the grab bar you needed installed in your shower for safety. Indeed, the popular Medicare Advantage programs…

The Most Common Knee Surgery Performed on Seniors Might Actually Do More Harm than Good

It’s a medical procedure that is performed on an estimated 750,000 people in the U.S. each year. It was performed on nearly 122,000 Medicare recipients in 2016 at a cost of up to $10,000 per patient. And, says a recent study, “it’s also usually a waste, if not downright harmful.” That quote comes from this…

Financial planning can help you build a nest egg.

Court Ruling Casts Doubt on the Future of the “Fiduciary Rule”

The so-called “Fiduciary Rule,” an Obama-administration set of regulations designed to protect retirement savers from potentially unscrupulous financial advisers, may not be exactly dead, but it appears to be on life support. That’s the conclusion we draw from a pair of articles that appeared in the national press in recent days. The first article we…

Extreme Advance Directive Allowing Dementia Patients to Refuse Food and Water Triggers Controversy

Is it “an informed and thoughtful choice,” or is it a “disturbing” threat to “the most vulnerable in society”?  A newly-drafted advanced directive in New York State is already provoking deep controversy among medical ethicists, geriatric physicians, and families of those with dementia. The controversy is explained in this article that appeared last week on…

Should Your Aging Parent Move in with You and Your Family? Experts say, “Consult Your Head and Your Heart”

It’s a decision a growing number of families will face, especially as the baby boomers get older. Your mom or dad is starting to show signs of physical or cognitive decline. They seem less happy and secure living on their own than they used to. Sooner or later for millions of families the question will…