Ah, October: the weather is cooler, the nights are longer, the leaves are turning color, and it’s Medicare Open Enrollment Time. (That may explain why you see so many older adults walking around with perplexed expressions on their faces at this time of year.) Medicare Open Enrollment for the 2018 calendar year begins October 15…
DetailsWith all the articles we’ve read and conversations we’ve heard here at AgingOptions about the Home Equity Conversion Loan, or HECM – commonly called the reverse mortgage – the question millions of older homeowners are still asking themselves is simple: “Is a reverse mortgage right for me?” We can’t count the number of times we’ve…
DetailsDo you think saving for your children’s college education takes precedence over saving for your own retirement? If you do, you’re not alone – but you may be making a major mistake, with a big price to pay down the line when you do eventually retire. That’s the conclusion from this very recent article that…
DetailsIt’s interesting to find helpful, aging-related articles in unlikely places. At least, that’s how we reacted when we ran across this article that appeared very recently on the political website Politico. As part of a special report called Aging in America, Politico published an insightful analysis on one way some people are seeking to solve…
DetailsHere’s one statistic that really infuriates us: according to many estimates, the dollar value of wasted health care in the U.S. is about one quarter of a trillion dollars per year. Yes, you read that right: many believe that as much as one-fifth of American medical care, amounting to roughly $250 billion per year, is…
DetailsIf you’ve shopped for long term care services lately, either for yourself or for a loved one, then the fact that nursing home costs are continuing to go up year after year won’t come as a surprise. However, since most people don’t start comparison shopping for nursing care or assisted living until an urgent need…
DetailsThe aftermath of the massive Equifax data breach affecting tens of millions of Americans will be reverberating in U.S. households for months to come. Many people are rushing to put a freeze on their credit accounts in order to protect their identity. But there’s something else you need to do immediately if you want to…
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