The demand for caregivers will continue to grow as the American population continues to age. Baby boomers have been entering their senior years at a time when medical advances have …
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Category: Healthcare & Financial Decisions
Ways to Increase the Size of Your Social Security Check
Many older adults depend on Social Security retirement benefits as their primary source of income. About 1 in 7 Americans over the age of 65 receive 90% of their income …
Continue ReadingFunding Mom’s and Dad’s Assisted Living Expenses
Long-term care can be critical to the health and emotional well-being of older adults. The adult children of aging parents are often called upon to provide that care, but they …
Continue ReadingIt’s Time to Update Historic Laws that Benefit Older Americans
The last White House Conference on Aging was held in 2015. It commemorated the 80th anniversary of Social Security and the 50th anniversary of Medicare, Medicaid, and the Older Americans …
Continue ReadingShould Retired Americans Worry About a Decline in Life Expectancy?
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 …
Continue ReadingShould the Government Pay for Long-Term Care?
As the nation ages, the demand for long-term care and support services will continue to grow. Nearly 70% of people who reach the age of 65 will need care at …
Continue ReadingInvestment Scams Targeting Older People
Older adults have been a frequent target of fraudulent investment schemes. The FBI reports a 74% increase in losses suffered by older fraud victims since 2020. In 2021, more than …
Continue Reading5 Things States Can Do to Help Older Residents
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 …
Continue ReadingIs a Medicare Advantage Plan a Go-To for Seniors?
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 …
Continue ReadingPrescription Drug Pricing Reform: Shaping Up or a Bust?
Rising inflation is squeezing the budgets of seniors with a fixed income. While seniors search for strategies to cope with inflation, there is little they can do about healthcare costs. …
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