Older Couple reviewing Social Security Benefits

“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 our divisive national politics and work-related stress as the leading source of anxiety among our fellow citizens. Financial…

“Let’s Get Real” – Your True Cost of Health Care in Retirement May Not be Quite as Frightening as it Seems

Big numbers have a way of getting our attention, especially when those big numbers are intended to scare us. One of the “big numbers” that often scares retirees is the projected cost of medical care: usually it’s presented as a huge lump-sum dollar amount, as in, “The average retired couple will need at least $280,000…

Your Actual Mileage May Vary: Government Figures Reveal What the Average Retirement Really Costs

Averages can be misleading things. If you buy a vacation home based on the “average” temperature, you might be surprised by blazing summers and frigid winters. Baseball fans who put too much stock in batting averages are disappointed when the best players strike out twice as often as they get a hit. When it comes…

Retirement Fears are Running Rampant, says Forbes – but the Cure Could be as Simple as a Solid Plan

What are you afraid of? Are there things that keep you awake nights or cause your knees to tremble just thinking about them? If you search online for most people’s Top Ten Fears, you’ll find a predictable list: public speaking, flying, snakes, heights, spiders, going to the dentist, and so on. But based on a…

Unaffordable Costs: In 10 Years, Half of All Middle-Income Seniors Won’t Be Able to Afford the Care They’ll Need

As we research issues of interest to seniors for the AgingOptions blog, we see a familiar predicament when it comes to medical expenses and the cost of senior care. Low-income seniors can typically take advantage of government-backed care through Medicaid and the VA. Upper-income seniors often have fewer worries since, with proper planning, they can…

Living Well While Spending Less: Five Ways to Lower the Cost of Retirement

Are you going to spend less after you retire, or will you spend more? That may seem like an odd question: conventional wisdom suggests that retirement living is almost always cheaper than pre-retirement living.  But many people find their experience defies conventional wisdom, and that suggests to us that it’s essential for most retirees to…

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.…