Few things are uglier than the spectacle of children or other relatives arguing about an inheritance. The law respects the right of individuals to decide who should inherit their property. Parents may decide to leave property to some children but not to others. They may decide to give more property to one child than to […]
Updated April 2025 Ordinary products, ranging from food and over-the-counter medications to hand sanitizers and sunscreens, can pose a health or safety risk. Senior consumers can protect themselves by checking product recall lists and safety alerts from the Food and Drug Administration (FDA), as well as warnings about unsafe foods posted on the government’s FoodSafety […]
Vaccination rates of older Americans continue to rise. Nationwide statistics reveal that Americans who have reached the age of 65 have the highest rate of vaccination among all age groups. As of October 21, 2021, 96% of Americans ages 65 years or older have received at least one dose of a vaccine and 84.5% are […]
Updated July 2025 Ideally, as workers gain experience in a job, their wages increase and their savings grow. When employers don’t offer pension or retirement benefits, workers can still take advantage of individual retirement accounts (IRAs). Unfortunately, the yearly limit on contributions to an IRA is much smaller than the limit on 401(k) plan contributions. […]
About 6.9 million Americans who are 65 or older are living with dementia caused by Alzheimer’s disease. About two-thirds of those individuals are women. Almost three-quarters of people with dementia are age 75 or older. The NIH estimates that 13.8 million Americans will suffer from dementia by 2060. Alzheimer’s is the most prevalent cause of […]
Parents make homes safe for children by plugging electrical outlets and cushioning sharp corners. It may seem patronizing to suggest that children should make homes safe for their parents. Aging adults, after all, have learned to avoid the hazardous behaviors that imperil children. Still, older people as a group are more susceptible to certain kinds […]
The long-term implications of the various surges of the covid variant have ushered into the children of aging parents a feeling of vulnerability and a need to look for more real ways to help. Though vaccinations are a first, most effective line of defense against a serious illness such as Covid-19 and its variants, vaccinations […]
Most individuals qualify for Social Security if they are U.S. citizens or green card holders and have earned 40 “work credits” during their working life. The amount of earnings needed to earn a credit varies each year. In 2024, workers receive one credit for each $1,730 they earn. However, workers earn a maximum of four […]
Social Security, pension benefits, and savings can combine to help seniors maintain comfortable lifestyles after retirement. Careful preparation and advice from a financial adviser can produce a plan that addresses post-retirement needs and goals. Still, to twist a popular war adage, it might be said that no retirement plan survives contact with the future. Unexpected […]