Labor Day Weekend Report: If Working Past Retirement Age is Part of Your Financial Strategy, You May Have to Think Again

It’s Labor Day Weekend – so what better time to focus on work, which is clearly one of the most important topics of all for aging boomers? Back when our parents retired, the pattern was fairly predictable: dad, the chief breadwinner in those days, hit the magical age of 65 and retired on a company…

Kaiser Health News Report: Genetic Testing Scam Targets Seniors and Defrauds Medicare

Genetic testing is booming in popularity. Industry statistics show that as of late 2018 more than 12 million Americans had submitted their DNA samples for analysis, and at the rate these firms are expanding, the value of the global DNA testing market should hit $10 billion by 2022. But unfortunately, with that much money at…

Is Senior Delirium Just a “Normal Part of Aging”? Experts Say No – and Give Advice How to Treat and Even Reverse It

It may have happened to a senior loved one, or even to you. In a fairly short period of time, a person changes from being lucid and aware to being confused and agitated. They can’t think clearly or remember where they are or what they’re doing, and they have difficulty recalling even recent events. The…

Update on an Earlier Story: Ride-Hailing Services Offer the Promise of Mobility for Seniors, But For Now Most Won’t Use Them

A few years ago, we first came across articles promoting the benefits of ride-hailing services like Über and Lyft for seniors. As we explained in this article on the AgingOptions blog, re-printed last October, the ability to quickly and safely get a ride practically anywhere has the potential to be a game-changer for seniors no…

Why Would a Financial Planner Hire a Financial Planner? Forbes Article Lists Four Good Reasons

Here at AgingOptions we’ve spoken and written frequently about the pros and cons of hiring a financial planner. As you know if you’ve heard us discussing this topic, we strongly recommend that people use an objective financial pro (not someone with a product to sell) to help them prepare a financial dashboard, something we’ll say…

Drug Crisis Among Seniors: Experts are Sounding the Alarm About an Epidemic of Medication Overload

With all the attention given in the press in recent years to the devastation caused by the opioid epidemic, one might think that these pain-killers are the only drug crisis in America. But there’s another one, even more deadly and more costly to U.S. seniors: older patients are taking far too many prescription medications. One…

Less Money on Health Care, More on Housing: New Survey Shows Pre-Retirees are Pretty Poor at Predicting Retirement Spending

Anyone who has spent time planning for retirement has likely tried to predict how much money they’re actually going to be spending once they stop full time work. Making a realistic retirement budget is a critical part of financial preparedness. Now, however, a new study is revealing that workers approaching retirement age are pretty far…

If a Someone You Love is Into These Worthless Collectibles, You Might Have to be the Bearer of Bad News

You probably have someone in your life – or maybe it’s you! – who has a prized collection of something or other that they are convinced is worth a lot of money. This person proudly displays their horde of treasures and often quotes online prices to “prove” how smart they were to start collecting this…

“Caring, Reassuring and Sensible” – We Revisit a Simple Idea to Help Comfort Your Loved Ones with Dementia

We love to run across news stories that show how the simplest of ideas can have a tremendous impact, and that’s how we felt some months back as we read this heart-warming article published earlier this year on the BBC News website.   We thought it would be a good article to bring back and share…

Forbes Report: Family of Rocker Tom Petty Embroiled in a Battle Royal Triggered by a Poorly-Worded Trust Document

If you’ve heard Rajiv say it once, you’ve heard him say it a hundred times: when it comes to your retirement, having plenty of money is absolutely no guarantee that you’ll leave behind the kind of legacy you hope to. Now once again, that axiom is being played out in the headlines in an ongoing…