Parents with adult children are often closely linked in terms of finances, and the depth of those connections can sometimes threaten the retirement plans of the parents. This is according to new research released by home co-investing company Unison, announced on Thursday. According to the results of a survey conducted in August 2019, 92% of…

Read More

Over 90 percent of adults over the age of 55 are at risk of developing or have already developed high blood pressure, and 80 percent of seniors have at least one chronic health issue — while 77 percent have at least two. As you age, finding ways to take control of your health is crucial…

Read More

The costs associated with “homemaker” services – which assists older adults with tasks including cooking, cleaning, and running errands – and home health aides – who assist older adults with bathing, dressing and eating – are rising at a faster rate than nursing home care, making assistance with basic tasks more expensive. This is according…

Read More

Households with housing cost burdens have reached an all-time high, and many households led by those in the senior age demographic have failed to recover from the financial crisis that began in 2008. This has exacerbated the need for affordable and accessible housing and in-home care, and the ability to build home equity will be…

Read More

The often unpredictable but increasingly likely expense that awaits people of retirement age is oriented around long-term care, and financial advisors are turning to an abundance of new strategies to help their clients pay for it. One such option according to an advisor is a reverse mortgage, who offered the idea in a new story…

Read More

Vitamin D deficiency is linked with poor muscle health in older adults, a new study finds. Maintaining muscle health helps seniors maintain their independence, mobility and quality of life. It also lowers their risk of falls and frailty. Researchers looked at more than 4,100 people, aged 60 and older, in England. About 4 in 10…

Read More

In trying to shore up finances as a senior prepares to enter retirement, one option that can help a senior to avoid a financial crisis in the period preceding retirement can be a reverse mortgage. This is according to Mike Piershale, president of Piershale Financial Group in Barrington, Ill. in a new article at Kiplinger.…

Read More

Many older people show evidence of mental decline, called mild cognitive impairment, but doctors often miss this sometimes early sign of dementia and Alzheimer’s disease. To help doctors get a better handle on their patients’ mental state, the American Academy of Neurology (AAN) is urging physicians to assess patients aged 65 and older at least…

Read More

Nearly 50 percent of baby boomers reported that they don’t have a sufficient amount of savings to age in place in their own homes. This is according to a joint survey conducted by website Next For Me and roommate matching service Silvernest. The survey, which was conducted with Next for Me and Silvernest subscribers in…

Read More

Could your personality as a teen forecast your risk for dementia a half-century later? Very possibly, say researchers, who found that dementia risk is lower among seniors who were calm, mature and energetic high schoolers. “Being calm and mature as teen were each associated with roughly a 10% reduction in adult dementia risk,” said study…

Read More