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…

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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…

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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…

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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.…

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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…

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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…

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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…

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An influx of non-emergency 911 calls across the state of Tennessee is straining the resources of area first-responders, showing that there’s progress to be made in terms of allowing more seniors to age in place. According to a report in the Chattanooga Times Free Press, Tennessee State Rep. Mike Carter (R) says he wants to…

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The loss of a loved one is one of life’s most stressful events. But new research suggests that having a furry loved one still at home may help ease the pain. Investigators looked at 437 older adults, some of whom lost a spouse, either through divorce or death. They found that having a cat or…

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While you can take Social Security benefits at age 62 and get 75% of your maximum, waiting until you reach full retirement age (between age 66 and 67 depending on the year you were born) gets you much closer to the full amount. But the age at which Americans can collect the most dollars has…

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