Money and Finance

Telemedicine Is on the Rise for Older Adults

Assisted Living, Caregiver Corner, Money and Finance, Senior Living Leave a comment

As the coronavirus sweeps across the country, older adults are isolating at home and in care facilities for safety. Problem is, the vast majority of them need health care, either for chronic conditions or acute issues. With the health care system strained, the Trump administration recently cleared the way for a temporary increase in the […]


Will Coronavirus Ruin Your Retirement?

Assisted Living, Money and Finance, Senior Care, Senior Living Leave a comment

The unemployment rate caused by COVID-19 precautions has hit older Americans harder than any other group except the youngest workers. Older adults may not return to the workforce, or they may take a long time to do so. An April 2020 survey showed 32% of baby boomers had lost confidence in their ability to retire […]


The Eight Forgotten Expenses of Retirement Planning

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These surprise costs during retirement can mean canceling that dream vacation, or much worse. You’ve reviewed your budget for retirement and you’re all set … or are you? Usually expenses go down slightly after your working days are over. There’s no longer a use for that professional wardrobe, you don’t need the gas to drive […]


What To Do about Retirement In a Bear Market

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Stock market investors have taken a big hit in recent weeks, with recent retirees hit hardest. But there are still options on the table. Investors have been stunned with recent portfolio losses as the Dow Jones Industrial Average has racked up eight of its worst 10 days of falls in its history, and the volatility […]


Can You Roll Over Your IRA to Avoid Tax?

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A little-known provision often allows those working past 72 to delay required minimum distributions. More and more Americans are working later in life, either because they have to or choose to do so. Perhaps you would like a little extra pocket money. Maybe you just got bored with retirement, or missed the intellectual and social […]


Older Adults Outnumber Young Children

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There are more people aged 65 and over in the U.S. than under 5 for the first time ever. Here is what that could mean. People are living longer and having fewer children in developed countries, presenting new challenges and opportunities around the globe. In fact, there will be more older adults than children in […]


Should You Start Medicare If You Work Past 65?

Healthy Aging, Money and Finance, Senior Living Leave a comment ,

Prepare for working beyond age 65 by knowing the ins and outs of Medicare coverage … and what you need to do. You may have decided that working a year or two beyond 65 will give you an extra cushion in retirement. Maybe you love your job and can’t imagine quitting just yet, or you […]


Things You Can and Can’t Do With Power of Attorney

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Like most legal undertakings, setting up and enforcing power of attorney (POA) documents can be a confusing process. Yet, these essential tools can help aging adults and their families create a solid plan to address future care needs and gain peace of mind.


Disappearing Health Care Coverage

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Jobs that until now offered generous retiree health care benefits are doing an about-face to save money. Workers are taking on more and more of the costs of being retired as employers shift the risk away from corporations. “Employer-sponsored retiree health coverage once played a key role in supplementing Medicare,” say Tricia Neuman and Anthony […]


When is a Person Unfit To Make a Will?

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Testamentary capacity refers to a person’s ability to understand and execute a will. As a general rule, most people who are over the age of eighteen are thought to be competent to make and sign the will. They must be able to understand that they are signing the will, they must understand the nature of […]