Posts Tagged ‘stuart’
Hidden Costs of Aging in Place
A recent survey from the American Advisors Group found that 74% of adult children of baby boomer parents prefer that their parents retire and age in their own homes—this to relieve the financial and emotional pressures stemming from elder care and growing retirement insecurity. Staying in your home as you age allows you to stay…
Read MoreBaby boomers are most active in these housing markets
Baby boomers are a key constituency for the reverse mortgage industry since they are currently the generation with the largest share of the population at or above the age of 62. A recent SmartAsset analysis of 2023 Home Mortgage Disclosure Act (HMDA) pinpointed where boomers are most active within the U.S. housing market. “Retirement often…
Read MoreGen X makes progress with retirement savings: Fidelity
Retirement savers experienced their third consecutive quarter of growth in Q2 2024, with Gen X savers showing strong gains in individual retirement arrangements (IRAs), a sign of progress considering that cohort’s prior struggles with saving for life after work. This is according to a report released by Fidelity Investments, based on 401(k) and 403(b) data…
Read MoreRed Meat Linked to Higher Odds for Type 2 Diabetes
Eating red meat and processed meat can increase a person’s risk of developing type 2 diabetes, a new review finds. Regularly eating 50 grams of processed meat a day — the equivalent of two slices of ham — increased by 15% a person’s risk of developing type 2 diabetes within the next 10 years, results…
Read More69% of Seniors Say Social Security ‘Critical’ to Retirement Plans
More than two-thirds of seniors say that Social Security benefits are critical to their retirement planning according to a new survey, while a plurality said their biggest financial regret from their younger days was not saving enough. The April survey was conducted by LendEDU, an online student loan refinancing marketplace, which sought the opinions of…
Read MoreNew Study Identifies the Best Diets for Slowing Your Biological Clock
Keeping your sweet tooth under control may help slow your biological clock. Researchers looked at how different dietary habits impact cellular aging and found eating foods high in vitamins and minerals and low in added sugar has major benefits. Their study included 342 Black and white women who filled out food records and provided saliva…
Read MoreThe Best Times To Get A Reverse Mortgage
Let’s examine a few of the best times to consider getting a reverse mortgage. When you don’t have enough income to pay your bills Many seniors have significant equity in their homes after paying down their mortgage over time, especially if home values have increased. Unfortunately, many of these same seniors struggle to meet monthly…
Read More‘Staying Regular’ Is Good for Good Health
Being regular is good for you, a new study shows. Predictable bowel movements could be tied to your long-term health, allowing your body to absorb essential nutrients without producing harmful organ-damaging toxins, researchers found. The “Goldilocks zone” of bowel movement frequency, once or twice a day, is associated with better health, results show. That gives…
Read MoreWalking May Be the Best Medicine for Low Back Pain
Simply walking may be the best ‘medicine’ for low back pain. The condition, which impacts about 800 million people worldwide, is a leading cause of disability and reduced quality of life. Exercise and education are commonly prescribed, but researchers say cost is sometimes a roadblock for patients. In a new study, they looked at whether…
Read MoreLike U.S. population, the workforce is aging faster
The share of older workers in the U.S. has grown significantly since the turn of the century, with 29.5% of workers in 2023 at least 65 years old, compared to 23% in 2000, according to a new report from the Employee Benefit Research Institute (EBRI). This occurred as labor force participation by older Americans between…
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