It seems like every year there is a new bill moving through Congress that promises to change the way people deal with retirement. This year, however, one bill is really living up to that hype. The SECURE Act (Setting Every…
It seems like every year there is a new bill moving through Congress that promises to change the way people deal with retirement. This year, however, one bill is really living up to that hype. The SECURE Act (Setting Every…
One of the dreams for many senior citizens and retirees is that they will be able to age in place, living in their home for as long as possible without having to enter a nursing home or assisted…
One of the scariest aspects of life for most retired folks isn’t their personal health, it’s their financial health. Many people lay awake at night worrying about the prospect of not having enough money set aside to remain comfortable…
The Baby Boomer generation has hit senior citizen status and many of them are finding themselves with houses and properties that are now way too much for their needs. But when, exactly, should a senior citizen consider downsizing their…
Job loss at any age is something that people often don’t want to think about. But if you are over fifty, it can be downright terrifying. The prospect of getting so close to retirement, only to have to start…
For many people, one of the biggest goals in life isn’t to attain wealth or possessions, but to simply find the key to happiness. And after a while, one learns that money and happiness are not intrinsically linked. In…
Everyone knows how important Social Security can be for senior citizens and retirees. According to the Center for Budget and Policy Priorities, Social Security provides benefits for 15 million retireeswho would otherwise be living below the poverty line. Changes to…
Before they became senior citizens, many people never prioritized saving for retirement until it was too late. As a result, it may now be necessary to try to survive on 60-70% (or even less) of your pre-retirement income. Even…
As people get closer to retirement, they tend to get very nervous about the prospect of trying to survive on a lower income. It doesn’t have to be that way: retirement should be a celebration of the golden years…
In the world of business, the term “downsizing” is often a scary euphemism for “cut-backs” and “lay-offs.” Similarly, when older folks are asked to consider “downsizing” their homes, the term may take on a negative connotation. When dealing with seniors,…