Warmer Weather Gets Seniors Outdoors and Moving
The better the weather, the more seniors venture out and get active. So say researchers who assessed the activity levels of more than 1,200 adults in Norway, aged 70 to 77, who were grouped based …
reverse mortgage
21% of Boomers Lack Savings for One Month’s Expenses
Yet another poll reveals that all generations feel unprepared when it comes to retirement savings — with 21% of baby boomers lacking adequate savings to cover one month of basic expenses, according to AARP. Co-commissioned …
Seniors, Take Steps to Reduce Your Risk of Falling
One in four Americans 65 and older falls each year, with some ending up in hospitals or even dying. But new research suggests that it’s possible to avoid some of these serious injuries. When seniors …
Senior Home Equity Hits $6.9 Trillion, Signifies Biggest Chunk of Wealth
Senior home equity is continuing its upward march, with housing wealth reaching $6.9 trillion in the second quarter of 2018. Equity for homeowners 62 and older grew $130 billion over the first quarter of 2018, …
78% of Seniors Own Homes Outright, But Some Struggle with Upkeep
The vast majority — 78% — of homes in the U.S. headed by someone age 75 or older are owned free-and-clear, a recent report reveals. This statistic was one of many compiled by the Administration …
As Median Retirement Savings for Seniors Sits at $14K, Experts Seek Solutions
As few future retirees feel secure about their savings for their golden years, financial and retirement experts recently gathered to create a more comprehensive plan for America’s seniors. The Aspen Leadership Forum on Retirement Savings …
Ranking the Most and Least Expensive Places to Retire
After crunching all the numbers, Realtor.com has released a list of the most and least expensive places where the rapidly expanding baby boomer population can spend their retirement years. Realtor.com looked at cities already popular …
Is Daily Low-Dose Aspirin Really Worth It For Seniors?
There’s disappointing news for seniors: A new trial shows that taking daily low-dose aspirin doesn’t prolong healthy, independent living in otherwise healthy people aged 70 and older. Aspirin has long been recommended for middle-aged folks …
AARP: 76% of Older Adults Want to Age in Place
The desire to remain at home during retirement continues to be extremely important to people as they age, according to a new report from AARP. The data, released last week as part of the senior …
Middle- and Lower-Income Americans May Be Falling Behind with Savings
The Bureau of Economic Analysis released updated statistics last month showing a sunnier savings outlook for Americans than previously estimated — but some commentators note that not everyone may be sharing in the success. …
