Yet Another Industry Report Reveals What We Already Know: Boomers are Seriously Unprepared for Retirement

The articles seem to come out with depressing regularity, revealing the sobering truth: today’s boomer generation is woefully unprepared for retirement. This time here on the AgingOptions blog, we’re bringing two such articles to your attention, both based on data from a new financial industry survey. For those of you “with ears to hear,” we…

New Laws to Protect Seniors from Financial Scams are Being Adopted, Yet Billions of Dollars are Still Lost Annually

Here on the AgingOptions blog, we felt it was time for an update on the topic of financial scams targeting seniors. Are the new rules and regulations at the state and federal level that have been adopted over the past few years having any effect? The answer appears to be yes, there’s some evidence that…

Article Promises “Seven Steps to Retirement Security” – But, We Ask, is it Really Just About Money?

Are you interested in a more secure retirement? Who wouldn’t be? These days, when so many things are uncertain, retirement security would seem to be a goal anyone can embrace. But after reading this just-published article from the USNews website, we at AgingOptions are reminded once again that most people still seem to equate “retirement…

“Financial Wellness” is Much More than a Mere Buzzword – it can Overcome Stress and Brighten Your Future

What stresses you out? If you’re like nearly two-thirds of Americans, issues surrounding money are right up there near the top of the list, according to the American Psychological Association’s “Stress in America” survey. Money ranked alongside work and politics as the things that are creating the most anxiety these days among our fellow citizens.…

Spring is Here, and the Time is Now to Set Financial Goals for the Rest of 2019, says Motley Fool

Spring is here, that season when a young man’s (or young woman’s) fancy turns to thoughts of – financial planning? That’s true, if you subscribe to the advice we found in this very recent column on the Motley Fool website. Financial columnist Michael Aloi says right now is the ideal time to decide on the…

Want to Maximize Social Security for You and for Your Spouse? Avoid These Seven Common Mistakes

Every so often we think it’s a good idea to revisit a common topic that is both vitally important to retirees and widely misunderstood: Social Security. These benefits constitute the bulk of the income for millions of retirees, yet year after year people make mistakes that end up costing them and their surviving spouses tens…

Financial Emergencies Can Play Havoc in Retirement. Are You Prepared with the Right Retirement Plan?

As professionals who help people from all walks of life plan for retirement, Rajiv Nagaich and his team at AgingOptions deal frequently with certain issues that are common to many retirees. One of the worries that comes up most often involves financial emergencies and how to handle them, especially when living on a fixed income.…

Financial planning can help you build a nest egg.

Will Your Nest Egg Last? 40 Percent of Retirees Say They are Spending Money Faster than They Expected

If we’ve said it once here on the AgingOptions blog, we’ve said it a thousand times: having a good retirement plan isn’t the same as having a good financial plan. So as we share this just-published article from the financial website Motley Fool, we feel we should alert you ahead of time that the article,…

Transamerica Survey Says Over One-Third of Seniors Report Declining Financial Health in Retirement

If retirement is on your horizon, you’ve probably been spending a lot of time wondering how well your finances will hold up once you cut the ties to full-time work. For many retirees, the financial transition to retirement turns out fine. However, that’s not always the case, according to this recent article from Motley Fool.…