Posts Tagged ‘savings’
Morning Exercise Kick-Starts Seniors’ Brains
Want a quick brain boost? A morning session of exercise and short walks throughout the day provide a number of brain benefits for older adults, a new study says. The findings show that people should avoid uninterrupted sitting to maintain good mental function throughout the day. The study also indicates that moderate-intensity exercise such as…
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 MoreAmericans’ Pets Help Ease the Aging Process, Poll Finds
Richard McIntosh hadn’t had any pets since his childhood farm dogs, but then he started a relationship with a competitive dog trainer and found his life filled with Golden Retrievers. Now McIntosh, 59, of Cornelius, Ore., can’t imagine growing old without a dog or two by his side. “There was a little something missing from…
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 MoreOne Short, Brisk Walk a Day May Keep Arthritis at Bay
Less than 10 minutes a day of a brisk walk can help prevent disability in people with arthritis pain in their knee, hip, ankle or foot, researchers report. Just one hour a week of brisk physical activity “is less than 10 minutes a day for people to maintain their independence. It’s very doable,” said lead…
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…
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