The high cost of caring for an aging relative
Almost 30 percent of Americans provide care for someone who is ill, disabled or aged according to the Family Caregiver Alliance.
News
Retirement savings mistakes people make
We talk a lot about saving for retirement on this site but what we don’t talk about a lot are some of the mistakes people make in saving for retirement.
When you need a lawyer, hire the right lawyer
In 2006, a Pennsylvania man, Dustin Sams, suffered a brain injury while riding when his motorcycle was struck by a car.
The effect of life insurance on being able to access Medicaid
Medicaid allows you to have $2000 in assets. Those assets include savings, checking and cash on hand but many people forget about life insurance policies when they are calculating their assets. Depending upon the type of policy involved, it too can count as an asset.
If you're 65 or over, don't call the health exchange
October is coming and there’s going to be a lot of push from states and the Obama administration to get uninsured Americans to enroll in health coverage but if you are eligible for Medicare, stick your fingers in your ears and hum loudly because the ads aren’t for you. Officials are concerned about the number … Read more
Baby Boomers and the growing care gap
Who will take care of you if you need care as you age? If you are like most Americans, you expect your family to step up and provide care. (Sixty-eight percent of Americans believe that they will be able to rely on their families to meet their long term care needs.)
Retiring with a mortgage: should you do it?
Baby Boomers are more likely to have taken on debt and experienced financial insecurity than their parent’s generation. One major source of that debt lies in part due to the ease in obtaining loans for significantly more expensive houses and in making smaller down payments than previous generations. As of December 2011, 16 percent of loans of the 50+ population were underwater according to a research report released in 2012 by AARP, “Nightmare on Main Street: Older Americans and the Mortgage Market Crisis”. Between 2007 and 2011, one and a half million Americans over the age of 50 lost their homes to foreclosure and three million are at risk of losing their homes according to AARP’s report.
Practical Ways to Reduce Weight and Increase Mobility
It is true at any stage of life, but particularly true in the later stages of life – mobility is decreased by excess weight. The issues can become so serious that if the weight is not dropped it can be the tipping point between aging at home or institutional care. The good news is that, for the vast majority of people, this can be resolved not by dieting, but by a practical, common sense lifestyle changes. This information is uncomplicated and easy to understand, but it will take some effort to drop the weight and increase your health.
Choosing housing that allows you to remain independent
Four years ago, Liz, a retired Federal Way school worker was widowed and struggling financially with balancing the upkeep on her home with her desire to do some of the traveling she and her husband had always planned once they both retired. She also felt like the large home she loved was simply too large for one person and felt she rattled around in it without someone else.
Can you see your way to getting an eye exam?
A couple months ago, one of my cats quit eating tuna from the can. Out of curiosity, I decided to read the ingredients which should have said tuna, water. The can didn’t read that way at all but it took me a while to know that because the light in the store wasn’t very good and the size 4 font on the glossy label was hard to read.