It’s not surprising to read that many seniors are approaching retirement with little or no savings set aside. In fact, just recently we presented a story here on the Blog describing how money woes are impacting Americans’ mental health. If you’re already retired, or within a few years of stopping regular work, you might think … Read more

Anyone who has ever sailed in open water understands the idea of a safe harbor. When the weather threatens and the sea becomes turbulent, even the largest ships head for the calm, protective waters of a port where they can ride out the storm in safety – a “safe harbor.” In a metaphorical way, a … Read more

Medicare Advantage plans continue to gain in popularity as a growing number of seniors choose them over basic Medicare (or Medicare with supplemental coverage). They’re often touted as the best value in senior health care, with a wide range of services all covered under a single premium. But does the reality match the hype? For … Read more

Frequently here on the Blog, we publish articles that are aimed at those already retired, or close to it. But for those whose retirement date is a bit farther in the future – say, a decade or more – it’s helpful to stop every now to offer some general guidance. Think of it as a … Read more

It’s the question every soon-to-be retiree asks, studies, and debates: is there an exact best time to claim those Social Security benefits? After all, you worked three or four decades or more to earn those monthly direct deposits. What’s more, if you’re like most people, your Social Security benefit will be a major part of … Read more

Here at AgingOptions, we’ve written many times about the importance of choosing the right doctor. Getting age-appropriate medical advice and care is an essential part of maintaining good health. But here’s a guilty secret: all too often, many of us are tempted to consult so-called “medical experts” we’ve never even met. We’re talking about the … Read more

“We’re number one! We’re number one!” That’s the chant that reverberates in sports stadiums and arenas across the country. It’s also the cry of most red-blooded American patriots: when it comes to all the things that make a country great, America is indeed number one, or so we like to believe. But sometimes being at … Read more

Discussions surrounding retirement typically involve one question after another. Often these questions come down to what you might call the nuts and bolts of retirement, the “who, what, where, how, why and when” questions that we feel we have to answer in order to enjoy what might be called a successful retirement. What will retirement … Read more

If you have long-term care insurance, you’re among a relatively small handful of Americans who have made the decision to purchase this important coverage. Long-term care insurance, sometimes abbreviated LTCI, is controversial in some financial circles. The plans are costly and often complicated, and coverage can be difficult to find since there are far fewer … Read more

It might seem as if the only people taking out home loans these days are well short of their retirement years – but surprisingly, that’s not entirely true. In 2021, buyers 65 and older accounted for roughly one-eighth of all mortgages originated. Whether downsizing, upsizing, moving across town or heading for sunnier climes, older Americans … Read more