If You’re Facing Divorce, Make Sure Your Rights to Retirement Savings are Protected

We were reading financial columnist Michelle Singletary’s latest column in the Washington Post a few days ago when something in the article really grabbed our attention. It wasn’t the column itself, which was about “401(k) millionaires” – instead it was a reader comment buried far down in the Singletary column that set off warning bells.…

Two Senators Join Forces Across the Aisle to Push for a “Retirement Crisis Commission”

These days it seems like Democrats and Republicans seldom agree on anything. So it makes the news when two prominent Senators, one a conservative from the GOP and the other a progressive Democrat, come together to advocate publicly for a top-level federal commission to address what they call a retirement crisis in America. We discovered…

Reverse Mortgages (HECM) are a way to get money for seniors from a house

Forbes Article Says Reverse Mortgages (HECM) are “Underutilized” – and Deserve a Second Look

Here at AgingOptions we’ve recognized for quite some time the fact that the home equity conversion mortgage – better known as an HECM or reverse mortgage – is a powerful financial tool which can be of great benefit to many qualifying senior homeowners. So we were intrigued when a column that appeared in late March…

Dipping Into Retirement Savings Too Soon Leads to Debt

A pair of articles we recently discovered on a website called “AZCentral” (part of the USAToday network of news outlets) seems to reinforce the idea that the financial outlook for many retirees can best be described as precarious. These articles, written by reporter Russ Wiles, suggest that too many pre-retirees are tapping their retirement savings…

Couple reviewing Social Security benefits

Your Social Security Check-Up Checklist for 2018

Say “annual checkup” and most people imagine waiting at the doctor’s office. But, there’s another type of checkup that can give you a sense of wellness without even leaving home. Visit www.socialsecurity.gov and follow these five steps to conduct your own Social Security annual checkup.  Your Social Security Statement is available online anytime to everyone…

Painting of an Introverted Senior

Introverted Seniors Often Feel Out of Place in Activity-Oriented Retirement Homes

The ads on television, the slick brochures and the finely-targeted websites for today’s retirement homes typically portray the same type of image: groups of seniors happily doing things together. They take bike trips together, they do wine tasting together, they go antiquing together. If all that advertising were to be believed, retirement living today is…

a marriage can be challenged by retirement

Married Couples Facing Retirement Have Some Work to Do to Get on the Same Page!

We enjoy reading the financial advice from nationally syndicated columnist Michelle Singletary. Her financial advice covers a wide range of topics but her views on money and aging are of particular interest to us here at AgingOptions. So we were immediately drawn to her most recent column on the Washington Post website, especially because the…