Posts Tagged ‘income’
Anger a Threat to Health in Old Age
The loss of loved ones can hit the elderly particularly hard, but a new study suggests it’s anger, and not sadness, that may damage the aging body more. Anger can increase inflammation, which is linked with conditions such as heart disease, cancer and arthritis, the researchers said. “As most people age, they simply cannot do…
Read MoreGoing Broke Remains a Top Concern in Retirement
Running out of money in retirement remains a primary concern for those planning their transition out of work, with other major concerns being maintaining their lifestyle and the rising costs of healthcare expenses. This is according to the American Institute of CPAs (AICPA) and its Personal Financial Planning Trends Survey. Exhausting their money is the…
Read MoreHow Retirement Can Change Your Identity
Studies show that people who are able to afford a full retirement – and who will also be healthy enough to enjoy it – are generally much happier in retirement since their working life is behind them, and they can instead spend their time doing the things they enjoy doing. However, when a critical component…
Read MoreEven a Little More Exercise Might Help Your Brain Stay Young
Alzheimer’s and dementia are not an inevitable part of normal aging, and a little exercise might help keep them at bay, a new study suggests. The researchers found that every hour of light exercise on top of recommended weekly levels of more intense activity reduced brain aging by about a year. “This study emphasizes the…
Read MoreHow a Reverse Mortgage Can Reduce Retirement Risks
Retirement can come with a host of unanticipated risks, but a reverse mortgage can serve as a tool to manage those risks when used responsibly. This is according to writers Julie Iannuzzi and Justin Ho in a new article posted to TheStreet. “To be sure, no one product or strategy can manage or mitigate all…
Read MoreToo Few Seniors Are Getting Their Memory Tested
Most seniors expect their doctor to recommend testing of thinking and memory when it’s needed. But a new survey discovered that is rarely the case: Only one in seven seniors received a regular assessment for memory and thinking (or “cognitive”) troubles. That finding is in sharp contrast to those who receive assessments for other common…
Read MoreThe Causes and Effects of an Early Retirement
Over a third of all American workers retire earlier than planned, and do so for various reasons that can relate to health, employment, family and finances, but these kinds of shocks still only comprise only a quarter of recorded early retirements. This indicates that other factors are at play, according to a new research brief…
Read MoreHow Reverse Mortgages Can Help Millions More Americans
As the reverse mortgage industry continues to try and find new ways to expand business in the wake of difficult challenges that come with regulatory changes and generally reduced volume, one reverse mortgage loan officer was looking for an opportunity to share a novel idea in terms of a new marketing target for originations: people…
Read MoreDebt Situation Grows Worse for Senior Population: Economist
Seniors are more likely to hold home-secured debt, and to hold more of it today than in years past. Their percentage of held debt held has also increased, with seniors aged 75 and up having become four times more likely to hold home-secured debt in 2016 when compared with 1989. The value of debt held…
Read MoreU.S. News: Reverse Mortgages Included Among Tips to Strengthen Retirement
A new article at U.S. News and World Report giving recommendations on strengthening retirement security offers reverse mortgages as one of the potential tools a senior can use to bolster their financial security in retirement. Among the recommendations from U.S. News contributor Craig Stephens, downsizing a home is included and offers ways for a senior…
Read More
