We have worked with thousands of clients to help them develop a personalized retirement plan that protects their assets as they age. But even the best plan can be jeopardized if a retiree falls victim to financial abuse and fraud. Sadly this type of rip-off happens all too frequently – and often secretly. We recently…
We ran across a wonderful – and convicting – article on the financial website MarketWatch. It contains an admonition many of us need to hear, especially in our Western consumer-driven society. It also reflects a warning we’ve repeated over and over to our clients preparing for their retirement years. The title of the article is…
A recent study by the AARP reveals sobering statistics about the cost of prescription drugs. It shows a trend that we think every senior needs to take into account as they plan for retirement. The news: between 2006 and 2013, the average retail price for prescription drugs most commonly used by seniors – including brand…
Aging in place has become the goal of most seniors. It represents the idea of remaining in your familiar home, the place you love, as long as you possibly can before you have to move into institutional care. Experts on aging generally agree that, for most seniors, aging in place is a worthwhile goal. However,…
Here at Aging Options, when we consult with our clients, the question of preserving assets in retirement looms large in their thinking. Helping our clients protect their assets – and the independence that goes with them – is one of the centerpieces of our retirement planning. So we were particularly interested to find this very…
Just about everyone knows by now that the single best way to boost your Social Security benefits is to wait as long as possible before you start drawing them. While 35-40% of adults start drawing benefits at the earliest allowable age (62 for most), the fact is that unclaimed benefits grow at about 8% per…
You’ve heard about it and read about it. Maybe you’ve experienced it firsthand. It’s the terrible pain and the damaged relationships that can occur when adult siblings go to war over Mom or Dad’s estate. Like you, we’ve heard of cases where siblings who got along fine when the parents were living gradually become litigious…
What’s one of the best and least expensive ways to live a longer life? The surprisingly simple answer: move around! Adding even a little bit of physical movement to your daily routine can have a dramatic effect on your longevity. That’s the surprising conclusion from a very recent study authored by a researcher at the…
The signs may appear troubling. Your aging Mom or Dad is starting to seem withdrawn, emotionally or physically. They don’t return your calls. They aren’t taking care of their home, or themselves. Something seems to be changing, but what should you do? A recent article on the website NextAvenue.org describes one of the most important…
Advocates of various types of meditation have argued for years that the practice brings a host of mental, emotional and physical benefits. But until now there was no evidence to prove it. Any studies that supposedly demonstrated the benefits of meditation were scanty, relying on small sample sizes and questionable techniques. But a recent article…
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