A new survey from AARP finds that just over half of Americans in their 70s (51%) and 80s (52%) rate their financial situation today as excellent or very good. When…
AARP: Over Half of Older Americans Happy With Finances
Category: Healthcare Costs
In the age of inflation, there are steps you can take to deal with higher prices
MarketWatch interviewed several financial planners to find out what they’re recommending to their clients to lessen the impact of increasing inflation. The general consensus is that consumers should develop…
Should you use a reverse mortgage to pay for long-term care?
Someone turning 65 has nearly a 7-in-10 chance of needing long-term care in the future, says the Department of Health and Human Services, and many don’t have the…
How to plan for rising health care costs
Fidelity has put together an extensive guide to explain the many health care options available to retirees. If you are like most Americans, health care is expected to…
A Guide to Finance for Seniors
Jeff Hoyt, Editor in Chief of Seniorliving.org gathered together a group of experts with over 100 collective years of experience in senior care. The goal of this guide…
Rising Debt, Falling Income: How to Dig Out
Susan B. Garland recently wrote an article for the New York Times about the struggles facing many people approaching, or in retirement. Here are several excerpts: More Americans…
American Rescue Plan Improves Senior Health and Financial Security
The American Rescue Plan, signed into law by President Biden on March 11, includes critical relief to older adults in need as the nation continues to recover from…
Does Medicare Pay For Long-Term Care? Don’t Make A Big Mistake!
Most people don’t realize that Medicare doesn’t cover long-term care, even though a person turning 65 today has almost a 70 percent chance of needing help as they…