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…
One of our chief priorities as we work for our clients here at AgingOptions is helping them protect their assets in retirement. It’s all well and good to save money while you’re working, but if you haven’t planned carefully to make your assets last, you may very likely find yourself outliving your resources. This forces…
Nearly 13 million seniors are hospitalized each year. That’s a big number – but what’s worse is that many of these patients will suffer lasting damage from their hospital stay. That’s because most hospitals are not designed with the needs of seniors in mind. But a relatively small number of pioneering hospitals is changing that,…
We just discovered a pair of related articles on an industry website called Reverse Mortgage Daily that help shed light on what many believe will be an upcoming explosion in Home Equity Conversion Loans, or HECM’s – the technical term for reverse mortgages. These articles could provide you with food for thought if you’re a…
Caring for an aging parent is a task more and more people are facing this days. A Pew Research study shows that over 40 million Americans provide care to someone over 65. The emotional and financial burden of being a caregiver for an aging parent can definitely come as a shock, sometimes resulting in the…
You have an urgent medical problem, so you go to the hospital, where you’re kept under observation for several days. Your doctor then recommends a short stay in a nursing home for rehabilitation. Because you’re covered by Medicare, you assume those nursing home costs will be paid for, since Medicare typically covers up to 100…
About one-third of all adults age 65 and older take a fall of some sort each year. Most of these are fortunately minor, but the Centers for Disease Control and Prevention (the CDC) reports that about 700,000 adults every year end up hospitalized with head injuries or broken bones as a result of falling. While…
If you were sitting in your doctor’s office, suffering from back or knee pain, and your doctor recommended surgery, would you agree? What if you knew that clinical trials had labelled the recommended surgery as basically useless? That’s the question posed in a fascinating article we read this week on the website of the New…
A recent column in the Wealth Matters section of the New York Times caught our attention. The title brings to mind an issue we deal with often among our clients here at AgingOptions: “How a Will Treating Children Differently Can Still Be Fair.” If you’ve ever wrestled with the notion of dividing your estate unequally…
With 2016 nearly two-thirds gone, there’s an important milestone happening this year that we almost missed: the oldest members of the Baby Boom generation have begun turning 70. And along with all the changes related to that milestone age comes another important adjustment: it’s time for many Baby Boomers to change the way they think…
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