VA-approved Foster Care for Vets Provides a Supportive, Loving Home – and Saves Uncle Sam Millions

About a year ago here on the AgingOptions blog, we told readers about a small program, started in Little Rock, Arkansas, that is now providing care to about 1,000 veterans, at a fraction of the cost of nursing care. Besides saving the Department of Veterans Affairs millions in care costs annually, this initiative, called the…

Need Help With Long-Term Housing Solutions? It’s Probably Time to Hire a Geriatric Care Manager

It’s a dilemma that almost every family faces sooner or later: an aging parent or spouse can no longer live at home and has to move into a care facility. Sometimes the move into long term care is planned, but often – due to a health crisis, accident, or lack of preparation – it catches…

Common Sense, Cost-Effective Program Helps Low Income Seniors Safely Age in Place

In our technology-driven society, it seems we tend to rely too much on professional health care providers, nursing homes, and digital solutions to solve all of our health care problems – an observation that seems especially true when it comes to senior care. But often the best ideas for healthy aging appear to come, not…

AARP Report: Older Homeowners Association Members Who Fall Behind on Dues and Fees Face Increasingly Harsh Treatment

As people plan ahead for retirement, they often think about downsizing – and that often means selling the large, old family home and moving into a low-maintenance condo or a planned senior community. Those can be terrific options for seniors looking for the dream of carefree living. But be careful: that type of home typically…

No Laughing Matter: Hoarding Disrupts Families, Endangers Health, and Costs Thousands to Remedy

Hoarding is one of those little-understood habits that people sometimes laugh about or make light of (or even feature on so-called reality television shows). But you are the adult child of a hoarder, you know the issue is no laughing matter. This article that appeared a few months ago on the NextAvenue website, written by…

Reverse Mortgage Update: Falling Home Prices Plus Insufficient Retirement Savings Make This the Time to Act

You’ve heard about it – you’ve read about it – you’ve thought about it. The idea of a reverse mortgage has been on your “retirement radar” for quite a while, but for some reason you’ve delayed taking action. A pair of recent news articles might just change your mind and persuade you that now is…

Shrinking Inventory and Rising Mortgage Rates are Creating “a New Housing Crisis” for Boomers Looking to Downsize

As today’s boomers hit retirement, more and more are grappling with the question, “Do we downsize or do we age in place in our current home?” As this just-published Bankrate article makes clear, the choice isn’t quite that clear. “Baby boomers are struggling to downsize,” the article warns, “and it could create the next housing…

Reverse Mortgages are “Underutilized,” Forbes Magazine Reports, and They Deserve a Second Look

It’s always a puzzle to us when some people seem to have the solution to their financial problems in retirement right under their noses – yet they fail to take advantage of the situation. Whether out of fear, misinformation, or sheer inertia, they shy away from the one thing that seems perfectly suited to their…