Retiring comfortably at 65 is now out of reach for millions of Americans. Tom Coomer was a machinist at the aerospace manufacturer McDonnell Douglas for 29 years, but the plant closed one year before he was due to get his full pension. Now 80 years old, he works as a greeter five days a week…

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Carrying a mortgage into a retirement can present a number of concerns for homeowners, so many experts recommend paying off this debt during the working years. This isn’t always possible though, and experts in a recent NerdWallet article that was republished by USA Today, offered ways to help mortgage-carrying retirees. In the article “Why you…

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When are you planning to get old? According to a recent study, you’d better move the date back. “Contrary to common belief, many people can live well into their 90s without becoming cognitively impaired, study findings indicate.” – Neurology 2003; 60: 477-480 But statistics are statistics. Let me give you some examples from my own…

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Americans of all ages are more worried about future health care costs and their finances than they are about death, according to a recent online survey by TD Ameritrade. Completed by Harris Poll on behalf of TD Ameritrade, the survey “Redefining Aging” asked about 2,000 Americans over the age of 18 for their thoughts on…

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The retirement-savings crunch has been an ongoing problem for low- and middle-income seniors, but a new warning from investment research firm Morningstar suggests that even well-off Americans should double-check their retirement calculus. “Very high-income, high-net-worth people can plan to self-fund long-term care costs, though I’d advise them to do the math on long-term care cost…

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Researchers seeking the elusive fountain of youth are shining the spotlight on protein. Eating more protein may reduce seniors’ risk of disability and help them remain independent longer, a new British study suggests. Dietary protein slows the age-related loss of muscle mass, helping to preserve the ability to do everyday tasks, the researchers said. “Our…

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As health care costs are expected to keep rising, reverse mortgages and other home-equity tapping solutions can play a vital part in planning for health expenses for seniors. HealthView recently released its 2018 Retirement Health Care Costs Data Report, which showed that retirees can expect their health care costs to rise annually by about 4.22%…

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The better the weather, the more seniors venture out and get active. So say researchers who assessed the activity levels of more than 1,200 adults in Norway, aged 70 to 77, who were grouped based on whether they scored low, medium or high on a fitness test. “Older people in poor physical condition become less…

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