Posts Tagged ‘Seniors’
For Seniors, Getting Physical Protects the Heart
If you’re in your early 60s, becoming more active may reduce your risk of heart disease, researchers report. That’s especially true for women, they added. “The 60 to 64 age range represents an important transition between work and retirement, when lifestyle behaviors tend to change. It may, therefore, be an opportunity to promote increased physical…
Read MoreIs early retirement possible?
Mark Twain said, “Find a job you enjoy doing, and you will never have to work a day in your life.” Only some are so lucky. And, if you are one of the lucky ones, even a job you enjoy doing can become tedious after many years. If you’re grinding through your days, thinking about…
Read MoreHere’s What Makes Seniors Feel and Act Younger
A pair of new studies points towards two potential paths to the fountain of youth. When older adults feel more control of their lives and get more exercise, they feel younger — and that improves their thinking, overall quality of life and longevity, the studies say. One study included 116 older adults (ages 60 to…
Read MoreHalf of Older Adults Say They’re ‘Chasing’ a Solid Retirement Plan Without Success
Yet another survey of American retirement savers has revealed that a significant chunk of people don’t feel comfortable with the amount of money they’ve already stockpiled — with about half feeling as though they’re chasing a retirement dream that may have already left them behind. In a recent poll of adults aged 45 to 65…
Read MoreHome Prices Continue Climbing Upwards as More People Stay Put
It’s almost sounding like a broken record at this point, but U.S. home prices continued their steady climb in June — and, combined with rising interest rates, the trend is prompting more and more people to stay in their homes instead of selling. Nationwide home prices rose 6.8% during the year ended June, according to…
Read MoreHere’s a Part of Aging That Really Stinks
Unpleasant phantom odors haunt many older Americans, a new study finds. Of more than 7,400 people over age 40 who took part in a federal health survey, 6.5 percent said they experience nasty odors — such as burning hair or the reek of an ashtray — from nowhere. That’s 1 in 15 people. As folks…
Read MoreBankruptcies Skyrocket Among Seniors Amid Soaring Health Costs
The steady erosion of Medicare and Social Security benefits, the shift away from defined benefit pensions, and rising health care costs have all been blamed for seniors’ financial woes over the last decade. Now a group of researchers has the bankruptcy data to prove it. Since 1991, the rate of Americans aged 65 to 74…
Read More5 Nevers with a Home Equity Conversion Mortgage
In an attempt to dispel misunderstandings regarding Home Equity Conversion Mortgages (HECMs), we in the industry have coined what are called the “5 Nevers”. They are: Never Give up Title to the Home Home Equity Conversion Mortgages are just that – a mortgage and just like a conventional loan the borrower retains title to the…
Read MoreMany Americans With Dementia Don’t Know They Have It
Many older Americans with dementia don’t know they have the disease, a new study indicates. A review of data from 585 Medicare recipients with probable dementia found nearly 6 out of 10 were either undiagnosed or unaware of their diagnosis. Those who had less than a high school education, who went to medical visits alone…
Read MoreBoomers, Older Seniors Still Recovering from the Great Recession
The Great Recession may have officially ended in June 2009, but baby boomers and the “Greatest Generation” are still recovering, according to a new study from the Pew Research Center. Members of Generation X — defined by Pew as those born between 1966 and 1980 — were hit the hardest but have seen the greatest…
Read More
