Medicare Plan Finder Confusion

Medicare Mistakes: Sorting Out Some of the Misunderstandings that Can Affect Your Coverage and Cost You Thousands

Few things are more important to retirees than Medicare. Tens of millions of Americans, most of them 65 and older, rely on Medicare to keep them healthy, pay for all or most of their prescriptions, and help them deal with chronic medical conditions that can become much more serious with age. Yet for a program…

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…

Wish You Could Have a Financial Do-Over? USA Today Article Lists the Top Five Retirement Money Regrets

Do you have any financial regrets as you approach retirement? If we’re honest, every one of us would have to answer “yes.” We look back over debts we incurred, foolish purchases we made, investments that went sideways or money we misspent and we can’t help experiencing a little second-guessing. The good news is that we’re…

About to Retire? Don’t Neglect Your Credit Score – it will Still Prove Helpful Even When You’re No Longer Working.

All through our adult lives we’re continually reminded of the importance of paying our bills on time. One of the chief benefits: a high credit score, the Holy Grail of good money management. With a high credit score, we’re told, credit card companies, mortgage companies and car loan companies will be tying themselves in proverbial…

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…

Misplaced Confidence: Americans’ High Level of Retirement Optimism Doesn’t Match the Cold Hard Facts

First, let’s give you the good news: American workers and retirees are expressing rising confidence that they will have enough money to live comfortably in retirement, according to a major national survey. Now here’s the bad news: that high level of confidence is almost entirely unsupported by the facts. That’s the inescapable conclusion from reading…