In the face of a culture that seems increasingly to value youth and devalue old age, here’s some great counter-cultural news: a just-released survey shows that older adults are actually happier and less anxious than their younger peers. You can read this encouraging article here on the website called HealthDay. It’ll make your day, as…
Is long term care (LTC) insurance right for you? And more to the point, if your premiums rise, how should you respond – by cancelling your policy, adjusting it, or continuing to pay? Because we work with seniors in helping them prepare for retirement, we deal with long term care insurance questions all the time.…
Saving for retirement is on the rise. That’s good news. But too many seniors are undercutting their own retirement plans by treating their retirement accounts as an emergency fund. This recent article on the CNBC website points out the dangers in this shortsighted lack of planning. As the opening sentence of the CNBC article succinctly…
Unnecessary, unsuitable, even deadly – just some of the terms used to describe prescription drugs being given to elderly patients in the nation’s hospitals. Yet the practice of over-prescribing drugs to seniors continues, sometimes with deadly results. This is the conclusion in a recent article we discovered on the website of the authoritative Washington Post.…
“The health care bureaucracy is crippling. There are lots of layers to get to the right person. So you end up paying bills just because you’ve run out of energy.” Those sobering words from a 62-year-old retired teacher in Washington, D.C., sum up the dilemma many patients find themselves in as they try to work…
There’s a brand new report just released that contains sobering news for anyone about to retire, and we’ve run across several articles in major news outlets about it. Here’s the bottom line: new estimates state that a 65-year-old couple retiring this year will need a whopping $260,000 to cover their health care costs in retirement.…
You may have heard the news a few months ago that the U.S. Department of Labor had finally released what is commonly being called “the fiduciary rule.” This is a new set of guidelines that covers virtually all investment brokers and financial planners in the nation. The 1,000-page law, set to take effect in April…
Anyone who has cared for an aging loved one understands the worry about their daily finances. Age-related impairment can often show up first in the financial arena, causing an aging Mom or Dad to start forgetting important details about their money. This creates worries for the kids. Are your parent’s bills getting paid? Are they…
Sometimes the simplest ideas are the best – a statement that can certainly be true in retirement. With that in mind we were drawn to this recent article on a website called “Real Deal Retirement” with the title, “How to Live a Longer and Happier Retirement.” Who wouldn’t want the answer to a promise like…
If you’ve shopped for a new car recently, or read any of the automotive journals, you know that technological advances in vehicle design are exploding. In the past the focus of new automotive technology seemed to be purely on higher gas mileage and lower emissions, but today’s new cars have become rolling showcases of digital…
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