Posts Tagged ‘health care’
401K Participants Not Saving the Amount Believed to Be Needed
New research indicates that although participants in 401K retirement savings plans believe that they’ll need roughly $1.7 million in order to fully fund retirement, most participants aren’t saving nearly enough to reach that goal. This is according to a national survey conducted by Schwab Retirement Plan Services. The survey, conducted on a national scale with…
Read MoreMore Evidence That Socializing Helps Protect the Aging Brain
Join a book club, take a cruise or just visit friends — new research supports the notion that social activities help stave off mental decline as you age. The study found that seniors with high levels of an Alzheimer’s-linked protein in their brains were able to slow any mental decline if they got out and…
Read MoreGallup: More Non-Retired Americans Expect Retirement Comfort, Despite Lack of Savings
Constituting a near-record high, 57 percent of non-retired Americans expect their retirements to be comfortable after having saved enough money to adequately support expenses and lifestyle choices, according to a poll conducted by Gallup in April of this year. This is the highest recorded figure for this expectation from the longstanding polling organization since 2004.…
Read MoreMeals on Wheels Delivers an Extra Health Bonus for Seniors
Meals on Wheels might do more than deliver hot food to isolated seniors: New research suggests it can serve as an early warning system for declining health. The study included Meals on Wheels drivers in Guernsey County in Ohio and San Diego County, who were trained to use a mobile app to alert care coordinators…
Read MoreFinancial Advisor: Don’t Ignore Reverse Mortgages
Although they can often be a tough sell, reverse mortgages can likely help financial clients who find themselves running out of money in retirement. This is according to an article appearing in Financial Advisor by writer Dan Jamieson. Home equity can be tapped for a number of reasons, including to pay off existing mortgages, mitigate…
Read MoreCould You Afford Home Health Care? New Study Says Maybe Not
The seniors most likely to need paid home care to maintain independent living are the least likely to be able to afford it long-term, a new study reports. Only two out of five older adults with significant disabilities have the assets on hand to pay for at least a couple of years of extensive in-home…
Read MoreHow and Why to Refinance a Reverse Mortgage
Refinancing an existing reverse mortgage into a new and potentially better one could be an option that works for some senior homeowners, but it’s not a universally good solution for everyone. This is according to a new article at U.S. News & World Report by personal finance and business contributor Rebecca Lake. Not only would…
Read MoreSeniors Twice As Likely To Work Now vs. 1985
Rising health care costs combined with a lack of sufficient retirement savings and benefit payments has caused a higher rate of seniors to forego their retirements and continue working, making the idea of leaving work behind more stressful than sought after. This is according to a study conducted and released by money management firm United…
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 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…
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