A new report from the Transamerica Center for Retirement Studies® (TCRS) finds that more than four in 10 working women (41 percent) expect to retire at age 70…
Transamerica: Societal Headwinds Are Undermining Women’s Retirement Security
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Transamerica: 39 Percent of Workers Tapped Retirement Accounts During COVID
While 79% of employed workers are saving for retirement, 39% of them said they tapped their retirement accounts during COVID, including 29% who took a loan and 27%…
Financial challenges faced by recently widowed older adults
The Consumer Financial Protection Bureau published a data spotlight that highlights the financial challenges that recently widowed older adults face. Using data from the 2019 American Community Survey, the CFPB…
Financial Assistance Programs for Seniors
15 million seniors aged 65+ are economically insecure – and many more worry they don’t have enough to make it through retirement. With high costs of healthcare, housing…
Reverse Mortgages Are No Longer Just for Homeowners Short on Cash
The New York Times published a positive article that highlights how reverse mortgages should no longer be characterized as a loan of last resort for house rich, cash poor…
Free legal services for seniors
Seniors have rights – and often need legal assistance, whether regarding justice, crime, guardianship, advance directives or elder abuse. If you need legal resources or pro bono assistance, MyCaringPlan.com…
Fewer hot showers, less meat: How retirees on fixed incomes are dealing with inflation
Rising prices are squeezing household budgets around the country and putting additional strain on its 56 million residents age 65 and up, many of whom rely on fixed…
Medicare Advantage (Medicare Part C)
Medicare Advantage (Part C), a privately offered alternative to Original Medicare (Parts A and B), has grown in popularity over the years. In 1999, 18% of Medicare enrollees…