The U.S. Department of Health and Human Services, through its Administration for Community Living (ACL), delivered to Congress a progress report on federal implementation of the 2022 National Strategy to Support more… National Strategy to Support Family Caregivers
Medicareresources.org, an online resource for consumers, advises seniors to pay close attention to their mail leading up to the annual Medicare open enrollment period, which begins on October more… Big Changes Coming to Medicare Part D and Medicare Advantage
In an article he wrote for Kiplinger Personal Finance, Certified Divorce Financial Analyst® Andrew Hatherley says reverse mortgages can solve some key problems in gray divorce. Go deeper: more… Kiplinger: A Reverse Mortgage Can Be a Solution for Divorcing Couples
For 22 years, Gallup has conducted an Economic and Personal Finance survey in April that has surveyed non-retirees’ and retirees’ expectations for living a financially comfortable retirement. This more… Why Americans Are Pleasantly Surprised in Retirement
Many older adults will need some form of long-term care during retirement, yet there remains a huge challenge over how to pay for it. In a new Issue more… Washington State Establishes LTC Program for Older Population
The 2024 Loss of Buying Power study published by The Senior Citizens League found that, on average, payments for retired workers would need to rise by $4,440 per more… Social Security Benefits Lose 20 Percent Of Buying Power Since 2010
Fidelity Investments® shared its 23rd annual Retiree Health Care Cost Estimate, revealing that a 65-year-old retiring this year can expect to spend an average of $165,000 in health more… Fidelity Estimates Healthcare Will Cost This Much in Retirement
Retirement advisor Jerry Golden explained how a HECM Line of Credit, combined with a Qualifying Longevity Annuity Contract (QLAC), can provide income and financial liquidity to make the more… HECM+QLAC=Retirement Security
In less than a decade, adults ages 65 and older will outnumber individuals under age 18 for the first time. The U.S. trend mirrors what is happening globally, more… AARP’s Vision for a National Plan on Aging
Bankrate’s annual Best and Worst States to Retire Study found that Delaware is the best state for retirees in 2024, followed by West Virginia (2), Georgia (3), South more… Best and Worst States to Retire in 2024
Fifty-eight percent of all workers — including 78 percent of Baby Boomers —believe the President and Congress should address Social Security’s funding shortfalls to ensure the program can more… American Workers Cite Most Critical Retirement Policy Priorities
When the University of Michigan’s National Poll on Healthy Aging asked people 50 and older about 26 health-related issues, their top three areas of concern had to do with costs: more… University of Michigan Poll Reveals Top 10 Health-Related Concerns
Kiplinger Personal Finance published an article that provided a list of key considerations before getting a reverse mortgage. What they’re saying: “Be sure to coordinate strategies with your more… 10 Things to Know About Reverse Mortgages
Adults aged 65 to 74 hold an average of $134,950 in debt, while individuals 75 and older hold an average of $94,620 in debt, according to Federal Reserve data more… Senior Debt Levels Increase Threefold Over Past 35 Years
The U.S. Department of Health and Human Services, through its Administration for Community Living, released a report that lays the groundwork for a coordinated effort to create a more… HHS Delivers Strategic Framework for National Plan on Aging
The Administration for Community Living released its 2023 Profile of Older Americans, illustrating the shifting demographics of Americans 65 and older.
Nearly half — 47 percent — of Americans plan to make a slow transition into their golden years rather than slamming the brake, according to a study released more… Some Americans Plan a ‘Slow-Roll’ Into Retirement
CNBC.com reported that four percent of today’s retirees described their retirement as “living the dream,” while another four percent said they are “living a nightmare,” according to a more… Four Percent of Retirees ‘Living the Dream,’ Survey Finds