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…
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…
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…
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…
Takeaways
A transfer-on-death (TOD) account may be a simple and straightforward way for you to pass your wealth or property on to your loved ones after your death.
TOD accounts can help your loved ones receive your financial assets upon your death…
Takeaways
Natural disasters such as wildfires, floods, and hurricanes highlight the importance of disaster preparedness in estate planning.
Such events can destroy crucial estate planning documents, leading to complications like probate delays, disputes, and difficulty accessing medical care. Proactive steps that include…
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…
Takeaways
Nursing home care costs have been rising over time, with many older Americans who require long-term care unable to afford it.
With proper planning, seniors may be able to rely on Medicaid to pay for this care – and still…
Medicare is a complex program with many benefits. Knowing about the options available to beneficiaries will help you understand and navigate the system. Let’s look at Medicare’s annual wellness visits.
Does having more money lead to greater happiness? The effect income has on happiness can vary greatly depending on factors such as how much money one already has, cultural attitudes, and individual priorities.
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