Estate Planning - Safe Harbor Trust

Casey Kasem Wasn’t the Only Celebrity Lacking a Strong Estate Plan

Here on the AgingOptions blog we’ve frequently used the sad tale of pop music celebrity Casey Kasem as an example of a wealthy person whose poor estate planning triggered a pathetic end-of-life spectacle. (Click here to read our blog article, published a few years ago, that described the sad affair of Casey Kasem.) By failing…

Details

Study Links a Diet of Highly Processed Food with Risk of Cancer

Doctors and nutritionists have long suspected that the Western diet of highly processed foods, high in sugars and chemical additives, is bad for our health. Now for the first time a comprehensive medical study has shown what could be an alarming correlation between ultra-processed foods and some kinds of cancer. The study, described in this…

Details

Tax Law Brings Seniors Some Good News: Higher Medical Deductions

We discovered this article just a few days ago on the website of USAToday, and it represents a bit of unexpected good news for seniors in the tax reform package recently passed on Capitol Hill and signed by President Trump.  According to finance columnist Susan Tompor, “Some retirees are grumbling that young families are getting…

Details

Hoping for a Longer, Healthier Life? Try Improving Your Outlook

Just about everybody knows that having an optimistic outlook tends to make life more enjoyable. After all, who wants to wallow in pessimism?  You could say – generally speaking – that optimists have more fun, but there’s much more to being a positive person than simply enjoying life. In fact, according to an article that…

Details

Social Security Collaborates With America Saves Week

A secure retirement is created from a lifetime of planning and saving. Each year, American Savings Education Council and America Saves coordinate America Saves Week. The week is an opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own saving status. Many people will be in retirement for…

Details

Reverse Mortgage Could be One Solution to Sky-High Property Taxes

It has been called “a bombshell,” “a perfect storm” and “a tsunami.” No matter what you call it, it’s one of the leading topics of conversation here in the Puget Sound area where AgingOptions is based. What’s causing all this conversation and consternation? In two words, “property taxes” – or, more to the point, it’s…

Details

Taking Social Security Benefits Early: Can You Change Your Mind?

A bewildering number of articles have been written – many of them here on the AgingOptions blog – about the best strategy for maximizing Social Security. In spite of all the times this topic has been examined, Social Security inquiries rank near the top of questions we get on our radio program and at our…

Details

Planning Ahead? Consider These 3 Easy-to-Overlook Retirement Risks

Do you remember the scene in the blockbuster movie Jurassic Park when the intrepid hunter took to the woods to hunt down a pair of escaped raptors? He was so busy focusing on the hungry dinosaur he could see right in front of him that he completely missed the danger coming from the side. It…

Details

Billions in Unnecessary Medical Treatment – and We All Pay the Cost

Early last year on the AgingOptions blog we wrote about the staggering cost of wasted medical care and unnecessary tests. It’s a cost that weighs down our over-burdened health care system and drains away billions of medical dollars each year. Many experts suggest that seniors are disproportionately affected by these unnecessary and often harmful tests,…

Details