Posts Tagged ‘long-term care’
Retirement Confidence Rebounds, Hits All-Time High
With a generally stronger economy in the United States and a high level of performance in the stock market, confidence in the ability for workers and retirees to fund their post-work lives has increased to all-time highs. This is according to the 2019 Retirement Confidence Survey Summary Report, conducted and released by the Employee Benefit…
Read MoreBest Jobs For Retirees
Retirement isn’t always the end of our working lives. Many Americans return to work after retirement due to the need for extra income for unexpected expenses, lack of savings, or because of a desire to stay busy. A full 19 percent of people work at least part-time after retirement according to a U.S. jobs report,…
Read MoreHome Equity a Major Factor in Senior Housing Affordability Crisis
By 2029, over half of the United States’ projected 14.4 million middle-income seniors (aged 75 and older) will not have sufficient financial resources to pay for specialized housing and health care needs. This is according to a study released by Health Affairs, and authored by researchers at the University of Chicago, the University of Maryland…
Read MoreThe Lifelong Health Benefits of Intimacy
Much research has explored the mental and physical health benefits of maintaining social contacts well into later life. Studies also show that maintaining sexual health can have profound benefits that may include slowing down the aging process. Besides the exercise value of sex, research has found that sexual pleasure and intimacy may help ease everyday…
Read MoreHow Reverse Mortgages Can Solve Today’s Biggest Retirement Problems
The difficulty that the senior population has in finding an adequate amount of money to fund retirement is an issue that is only growing in scale, and the reverse mortgage industry needs to keep the unique hardships faced by seniors fully in mind when advising them on how best they can make ends meet. This…
Read MorePeople Aren’t Saving Enough for Retirement
While homeownership may not solve all of the problems concerning bolstering one’s own net worth or issues that could come out of needing flexibility to move, making decisions early in life about the most efficient ways to save for the years they won’t be working is often a key to financial stability late in life.…
Read MoreSenior Falls a Key Factor for Hospital Readmission
Fall-related injuries are a major reason why seniors are readmitted to the hospital within a month after being discharged, a new study finds. “Falls are a trifecta in terms of reasons why they need an increased focus,” said principal investigator Geoffrey Hoffman, an assistant professor in the University of Michigan’s School of Nursing. “They are…
Read MoreForbes: Forward vs. Reverse Mortgages in Retirement
Using a reverse mortgage to refinance an existing mortgage will create more financial flexibility for fixed-income retirees, according to Dr. Wade Pfau, professor of retirement income at the American College of Financial Services and a member of the Funding Longevity Task Force, in a new piece at Forbes. “The general idea is that a reverse…
Read MoreTake a New View of Aging
The way you view aging can affect how well you manage stress. Older people who see aging negatively have stronger (negative) emotional reactions to day-to-day stresses, while such events have little effect on the moods of adults who are more positive about getting older. Their sunny outlook acts as a buffer against little annoyances. That’s…
Read MoreMost U.S. Middle-Class Seniors Will Lack Funds for Assisted Living by 2029
A decade from now, more than half of middle-class seniors in the United States will be unable to afford needed housing and personal assistance, a new study contends. The number of middle-income people over 75 will nearly double to 14 million by 2029, up from about 8 million today, projections show. About 54% of these…
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