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 …
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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 …
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Most older Americans receive Social Security and participate in Medicare. Those programs help people meet their financial needs while assuring that they receive affordable healthcare. Yet those programs, combined with …
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A new report issued by the Census Bureau reflects a depressing reality for older Americans. Between 2020 and 2021, the official poverty rate increased for people who were 65 or …
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To avoid late enrollment penalties, seniors who are eligible for Medicare usually sign up at their earliest opportunity. Seniors rarely have a reason not to enroll. Retirees earned Medicare’s hospitalization …
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Inflation is making headlines, not just in the United States but around the world. As the pandemic winds down, consumers are returning to their former buying patterns, create a surge …
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The pandemic caused millions of workers to lose their jobs. From restaurant employees to flight attendants, from teachers to travel agents, employees who worked in industries that could not operate …
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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 …
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Retirement should be a time to relax and enjoy life. Unfortunately, it can be a time of financial insecurity. Regardless of any other retirement income that a senior might depend …
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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 …
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