The National Council on Aging launched Budget CheckUp, a free online tool that gives older adults practical tips on how to create a monthly budget and manage their…
NCOA Launches Online Tool to Help Older Adults Manage Finances
Category: Housing Costs
Social Security Announces 8.7 Percent Benefit Increase for 2023
Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 8.7 percent in 2023, the Social Security Administration announced today. On average, Social…
Opinion: Reverse mortgages can offer senior homeowners a financial lifeline with both stocks and bonds sinking
Most people think of reverse mortgages as the last-gasp attempt to stay in your house when you’ve run out of money in retirement. But even before they get…
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…
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…
Start early to get your house retirement-ready
Liz Weston, a certified financial planner and columnist with NerdWallet, recently wrote an article about how to get your house retirement-ready. In the article, Start Early to Get…
Retirees, Make the Most of Your Home Equity
Here’s a snip-it from an article by Patricia Mertz Esswin, a contributing writer with Kiplinger, about the various options available to retirees for tapping into the equity in…
Should I Stay or Should I Go? Aging in Place has a New Meaning for Seniors
New research from Home Instead Senior Care shows an evolution of what ‘aging at home’ means for seniors… Studies over the last several decades have shown that seniors…