Retirement

Learning about services that Medicare covers, and their cost, is an important discussion topic for Medicare beneficiaries. However, there is one subject that rarely comes up: hospice, end-of-life care for the terminally ill. Many studies have shown that earlier end-of-life care can have a positive impact: reduced administration of unnecessary medications, fewer hospital admissions and

The opportunities for financial advisor education have improved so dramatically in the past 25 years. When I graduated from college with a generic business and finance degree, only a couple of mainstream colleges were known for doing anything with financial planning and virtually no degree programs were available. Now, more than 200 degree programs are

Seven decades after he became addicted to Superman, Gary Prebula’s collection of graphic novels and comics has a permanent home at the University of Pennsylvania library. It took a team effort. By Kelly Phillips Erb, Forbes Staff Gary Prebula blames his mother for his seven-decade-long comic book obsession. He was three when his parents ventured

A recent newsletter from Dr. Elizabeth Landsverk, geriatrician, warns us that some recent studies show that nearly one out of eight adults in the US is prescribed a sedative (benzodiazepine). Is your aging loved one taking Valium (Diazepam), Ativan (Lorazepam), Xanax (Alprazolam) or Klonopin (Clonazepam)? All of these are addictive. As they lose their effectiveness

The May 2024 jobs report showed remarkable strength just in time for new graduates despairing they had to move home. You got this graduate, you can find a job and live on your own. The Biden administration’s efforts to address supply chain issues are effectively slowing down price hikes, and employers are happily and confidently

While the Financial Independence, Retire Early movement is widely popular, some people plan to do the opposite, and never retire. They work because they enjoy it. Why retire at the top of your game? The idea of working longer is becoming more common. Researchers at Pew Research Center state both the sheer numbers, as well

We all know the population of older adults is growing rapidly. But we are aging in very different ways. And if we are going to reimagine medicine, caregiving, and government policy, it is important to better understand who older adults are and how they live. In its newest Profile of Older Americans, the federal Administration

Saving for retirement requires dedication and time. During those years, however, market movements will make significant jumps that you can then celebrate. And we’re in the middle of such a shift. A recent Fidelity study highlights this very fact. According to a review of Fidelity 401(k) accounts, the number of participants with more than $1

We are living through what is being called the silver tsunami. According to Legal Jobs, “about 10,000 baby boomers turn 65 each day, and the entire generation is expected to reach retirement age by 2030.” While many people spend their working years aiming to eventually retire, there are reasons why complete retirement should not be

Johnny Cash said, “Success is having to worry about every damn thing in the world, except money.” Whether in life, work, or money, the word “success” is so often used. And that’s not necessarily a bad thing. It works because of its malleability—everyone can make up their own definition. In addition to the legendary Man

As folks approach retirement, they often start mentioning their “bucket list” more frequently. The bucket list is generally an itemized agenda of experiences or achievements that a person hopes to accomplish during their lifetime before they “kick the bucket” or die. This concept brings to mind the 2007 film “The Bucket List”. In the movie,

Saving for retirement requires dedication and time. During those years of dedication, however, market movements will make significant jumps that you can then celebrate. And we’re in the midst of such a shift. A recent Fidelity study highlights this very fact. According to a review of Fidelity 401k accounts, the number of participants with over

For many golfers, owning a home on a golf course or near to their pick of courses is the ultimate retirement dream. And even if you’re not among the 25 million plus Americans who play golf, you can still take advantage of all the top amenities (think spas, swimming pools, restaurants…) that golf resorts offer.

Share to Facebook Share to Twitter Share to Linkedin It feels like everything costs more these days—and some homeowners are looking for ways to increase cash flow without invading retirement assets. One way to do that? Reverse mortgages. Reverse mortgages are a creature of federal law. As part of the Housing and Community Development Act

I recently did a webinar on Medicare basics for over 600 consumers. During the Q&A session, I realized why Medicare is so confusing. The first question I was asked, “When are the seven months I have to enroll in Medicare?” highlights the reason. You would think there should be one enrollment period for everyone, right?

Kids love dinosaurs. These larger-than-life, amazing creatures that existed some 66 million years ago continue to fascinate both children and adults. Just think about how dinosaurs are still prevalent in modern popular culture – the blockbuster Jurassic Park franchise, Toy Story’s sweet Rex, and beloved Barney. Not to mention the myriad dinosaur exhibits that remain

The Federal Deposit Insurance Corporation (FDIC) changed its deposit insurance coverage for some accounts effective April 1, 2024. The basic insurance limit of $250,000 per account still holds and most types of accounts aren’t affected. The changes affect accounts of trusts and effectively reduce the insured amount for some trust bank accounts. The FDIC said

Most people are confused about how much money they need to retire comfortably, and financial services firms often add to the confusion. Two recent surveys show the confusion, especially when compared with other data. Americans who are near retirement say on average they now need $1.46 million to retire, according to the Northwestern Mutual 2024

It’s Mental Health Awareness Month. There is a nationwide effort to remove the long standing stigma of mental health issues. Historically, it has been very difficult for anyone to persuade a family member to get mental health help when family sees the signs. If you have an elder in your family with these issues, it

My friend is going on a river cruise in October. She has already started her packing list because this trip is very special and she doesn’t want to be caught unprepared. I wish those approaching age 65 had the same attitude about Medicare. Knowing what you should do in the years leading up to Medicare