“Solo Agers” May Enjoy Living Independently, but Navigating a Retirement Future Without Family Support Requires Planning

As most of us contemplate growing older, we expect to have our spouse and supportive family members alongside us on the journey. As we often say here at AgingOptions, “Aging is a family affair.” However, for millions of seniors, their experience will be quite different: for a variety of reasons these men and women are…

Medicare Plan Finder Confusion

Medicare Advantage Changes Are Driving Increased Enrollment, Posing Challenges for Traditional Medicare

Early last year we wrote that Medicare Advantage plans were about to change, bringing policy-holders a wide range of new services and benefits. (We wrote about it on the Aging Options blog back in April 2018.)  Since then we’ve seen other articles, not to mention an endless stream of glossy marketing materials, touting these new…

Retirees Describe Their Biggest Financial Regrets. Will We Learn from Their Mistakes?

“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…

We’re Spending Billions on Digital Health Technology – so Why Aren’t We Getting Any Healthier?

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…

Taking early social security is usually a bad idea.

Social Security Fraud Advisory: Here’s How to Stop the Bad Guys from Stealing Your Identity and Ripping You Off

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 women perplexed by retirement finances

Be Careful What You’re Taking: These Widely-Used Medications can Mimic – and Even Trigger – Dementia

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…

Counting on Medicare When Retiring Abroad? New York Times Warns Overseas Retirees That “Medicare Doesn’t Travel Well”

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.…

Many Retirees are Unprepared for an Emergency Expense, Experts Say, and the Consequences Can Be Costly

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? Before You Answer, Make Sure You’re Asking the Right Questions

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?…

Innovative Program, Soon to Roll Out Nationally, Puts Meals on Wheels Volunteers on the Front Lines of Senior Health Care

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.…