Developers and housing authorities are investing in senior housing projects. Investments are essential as members of the baby boomer generation grow older. Affordable housing is an increasing concern for seniors who are entering their retirement years. Older homeowners may have mortgages that they will continue to pay with Social Security and other post-retirement income. In […]
Assisted-living facilities offer care to residents who need help with their activities of daily living (ADL), such as bathing, dressing, and eating. Care is generally provided by certified nursing assistants (CNAs), a position that is sometimes identified as a care assistant or nurse’s aide. Assisted-living facilities do not provide the same level of healthcare that […]
Baby boomers — people born between 1946 and 1964 — were once America’s largest generation. Boomers held that demographic status until 2019, when Millennials became the largest living generation. By 2029, all baby boomers will have reached the traditional retirement age of 65. Many boomers have already retired. Many other have reached retirement age but […]
Updated May 2025 Parents are familiar with guardianships in the context of making wills. When parents have minor children, lawyers encourage them to nominate a guardian who will care for their children if both parents die at the same time. The guardian of a minor manages the minor’s finances and makes the same decisions about […]
Heat Waves May Endanger Older Adults Extreme heat has been sweeping across the United States. The summer of 2023 has been the hottest on record. A recent (2023) study attributed the heat wave to climate change caused by greenhouse gas emissions. Since those emissions continue to grow, heat waves will become an expected part of […]
More than 6 million Americans over the age of 65 suffer from dementia. Alzheimer’s disease is most prevalent cause of dementia. About one in ten older Americans have developed Alzheimer’s disease. The National Institute on Aging defines dementia as “the loss of cognitive functioning — thinking, remembering, and reasoning — and behavioral abilities to such […]
The United States, like the rest of the world, will experience an increasing need in the coming decades for senior housing that is safe, affordable, and accessible. The population of Americans who have reached the age of 65 is growing more quickly than any other age group and is expected to double by 2050. Most […]
Older adults are frequent targets of schemes to swindle people out of their money. The FBI reports that 92,371 older adults were victimized by fraud in 2021. They lost $1.7 billion, a 74% increase from 2020. Many older adults have accumulated substantial savings that attract financial scammers. Regardless of their wealth, older adults are seen […]
President Biden took office in 2021 with an ambitious plan to improve the post-pandemic economy and to reduce the level of poverty among older adults. His proposals included increasing Social Security benefits, updating cost-of-living adjustments, reducing drug costs, and expanding Medicare coverage. Unfortunately for seniors, presidential authority to improve their Social Security and Medicare benefits […]