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Proper Retirement Planning Avoids Underestimating Care Costs

Takeaways

Many people misjudge how much they will need for retirement health care expenses.

Failing to properly account for these costs can severely affect retirement security, leading to financial strain and potential reliance on government assistance.

It can be easy to underestimate the…

Home Safety for Aging in Place: A Guide for Older Adults

Takeaways

Aging in place involves making modifications to ensure safety, comfort, and accessibility for older adults.

Home modifications, measures for preventing falls, and fire and carbon monoxide safety are crucial for creating a safer environment.

Maintaining social and mental well-being is also essential…

Report: Americans Overwhelmingly Support Social Security

Takeaways

A new report finds that Americans overwhelmingly support preserving and strengthening Social Security benefits, even if it means paying more to address the program’s long-term financing gap.

At a time when the nation is deeply divided across political lines, Americans can…

Wendy Williams Case Shines Spotlight on Guardianships

Takeaways

Guardianships may be necessary to protect individuals with cognitive impairments, but they can also limit personal freedom and autonomy.

Wendy Williams’ guardianship case highlights the importance of legal representation and proactive estate planning.

Dementia is on the rise and is affecting millions…

Four Key Medicare 2025 Changes You Need to Know

Takeaways

Updates to Medicare coverage in 2025 include higher costs for Parts A and B, a new option to pay for Part D prescription drugs on a monthly basis, and a cap on out-of-pocket costs for prescription drugs. In addition, Medicare…

Your Social Security Benefits for 2025: COLA Update

The Social Security Administration (SSA) has officially released its annual cost-of-living adjustment (COLA) figures for 2025. These newly issued numbers will have an impact on monthly Social Security benefits payouts for retirees, as well as recipients of Social Security disability…

2024 Election: Where Harris, Trump Stand on Elder Caregiving

With the 2024 election quickly approaching, political ads and messages seeking donations are ramping up. Among the many debate topics are ways to support low- and middle-income citizens.

For example, tax credits for working adults with children often take the spotlight.

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