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 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 …
Six in 10 seniors among a random sample of National Health and Aging Trends Study participants far and away prefer to age in place at their own homes either with family or paid assistance, but …
You might have heard that Social Security checks are going up 2.8% next year, the biggest rise in seven years. That translates into an average benefit of $1,461 a month, up $39. While welcome, it’s …
Walking and other types of moderate exercise may help turn back the clock for older adults who are losing their mental sharpness, a new clinical trial finds. The study focused on older adults who had …
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 …
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 …
When are you planning to get old? According to a recent study, you’d better move the date back. “Contrary to common belief, many people can live well into their 90s without becoming cognitively impaired, study …
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 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 …
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