It’s Smart for Senior Retirees to Live Frugally – or Is It?

Retirement is usually portrayed in magazine ads and on television as a carefree time when seniors, freed at long last from the shackles of the 9-to-5 grind, finally get to live it up. Those ads picture happy older people (in designer clothes) partying on cruise ships, biking along the Rhine, golfing in Maui, and generally…

Some Surprising Things Millennials Want to Hear from Boomer Parents

Here at AgingOptions, one of the hallmarks of our LifePlanning process involves clear, complete family communication. Over the years we have dealt with many difficult situations in which Mom and Dad never sat down with their adult kids to go over their retirement plan and explain their wishes and preferences as they age. This lack…

Proposed Law Requires Medicare to Warn of Steep Late Fees

We’re still in open enrollment season for Medicare – it continues through early December 2017 – and maybe you’ve decided, even though you’re 65, that you don’t need to enroll because you’re feeling fine and don’t need health insurance. Well, this recent article from the news website Reuters says you’d better do your homework, because…

It’s Time for Doctors to Talk with their Patients about Drug Costs!

“It seems that everyone’s talking about the high costs of drugs—to friends, with family, on social media—but where those conversations are not happening often enough is at the doctor’s office.” So begins this important article that appeared in the pages of Consumer Reports. Although the article was written a while back, it reflects a situation…

CBS Calls Reverse Mortgage the “Rodney Dangerfield of Retirement”

Earlier this year, we ran across an article that we wanted to share again, because we think the premise is still valid. In spite of all its advantages, and an ever more robust set of legal safeguards, there are still millions of homeowners apparently unwilling (or too uninformed) to take advantage of one of the…