Tag Archives: Finance

The Financial Burden of Aging in Place

While retirement communities and independent living facilities are popular choices for older adults who want to downsize or can no longer manage the upkeep of their family home, surveys confirm that most Americans hope to age in place. Unfortunately, barriers to remaining in a home after children move out can make it difficult for seniors […]

Can You Avoid Running Out of Money in Retirement?

Finance graph

In a September 2023 report, of workers across the United States, the Transamerica Center for Retirement Studies found that 45 percent of people of all ages cite running out of money as their greatest retirement fear. This finding is a huge wake-up call because this fear isn’t just a possibility — it’s an all-too-real scenario […]

Two Ways to Help Seniors Manage Their Money

Close up of hand stacking silver coins on wooden table

The money a senior saves throughout his or her life represents more than just accumulated assets. It represents their ability to maintain freedom and autonomy during retirement years. It also provides the ability to access any specialized care they need as they age and create a legacy to leave behind. That means safeguarding financial resources […]