Keep Moving to Keep Brain Sharp in Old Age
Staying active in old age may help preserve your memory and thinking skills, a new study suggests. In fact, older people who were physically active kept their minds sharp, even if their brains showed …
aging
Baby Boomers Need Far More Money in Retirement Than They Think
Baby boomers will need far more money in retirement savings than many of them believe, and generally prefer many major metropolitan areas to retire to. This is according to a new survey by Provision Living …
Listen Up! Hearing Loss Tied to Late-Life Depression
Hearing loss among seniors is not always recognized and treated, but if it were it might help head off late-life depression, a new report suggests. Older people who suffer from hearing loss have a high …
Long-term Care Insurance Grows More Difficult for Seniors to Fund
Options for long-term care (LTC) insurance are diminishing in the marketplace, but a new industry-specific price index has revealed a substantial spread in costs for plans with similar coverage when compared with prior years. …
Retirees Increasingly Prone to Late-Life Financial Difficulties
Retirees are prone to disruptive late-life financial risks as life expectancy grows, including widowhood, financial mistakes attributed to a decline in cognitive abilities and high out-of-pocket healthcare expenses. This, according to a new brief released …
Why millions of Americans are still working past the age of 65
Retiring comfortably at 65 is now out of reach for millions of Americans. Tom Coomer was a machinist at the aerospace manufacturer McDonnell Douglas for 29 years, but the plant closed one year before he …
USA Today: Reverse Mortgages Can Help Manage Retirement Mortgage Debt
Carrying a mortgage into a retirement can present a number of concerns for homeowners, so many experts recommend paying off this debt during the working years. This isn’t always possible though, and experts in a …
Americans More Afraid of Retirement Health Care Costs than Death
Americans of all ages are more worried about future health care costs and their finances than they are about death, according to a recent online survey by TD Ameritrade. Completed by Harris Poll on behalf …
More Americans Are Raising Their Grandkids
More than 3 million older Americans are now raising their grandchildren as their own, even as they struggle with health problems and financial stresses, a new survey shows. Not only that, the children they take …
Even High-Income Seniors Could Face Difficult Long-Term Care Math
The retirement-savings crunch has been an ongoing problem for low- and middle-income seniors, but a new warning from investment research firm Morningstar suggests that even well-off Americans should double-check their retirement calculus. “Very high-income, …
