According to the Alzheimer’s Association, roughly 6.2 million Americans age 65 and older are living with Alzheimer’s disease, the most common form of dementia. Most of these individuals are 75 or older (72 percent), and nearly two-thirds are women. To put this in context, July 2019 U.S. Census Bureau estimates put the 65+ population at … Read more

Family caregiving is often called a labor of love. Caring for someone who once cared for you can be deeply meaningful, and many people accept this role out of duty or devotion. Still, even when caregiving brings purpose, it can be physically, emotionally, and financially draining for unpaid family caregivers. >> Related: Confronting Caregiver Guilt … Read more

If you are considering a move to a retirement community, one of the first questions to answer is how much it will cost. Expenses typically include any initial entry fee (if required) and ongoing monthly charges. Monthly service fees vary widely depending on location, community type, contract terms, and level of care, but most retirement … Read more

We are launching a new way to communicate and share information with you about retirement living and other senior topics…through video blogs (also called “vlogs”). Click here to let us know what you think! One common question I hear from seniors considering a move to a continuing care retirement community (CCRC), also known as a … Read more

The coronavirus disease 2019 (COVID-19) has changed daily life around the world. Beyond the evident health concerns and travel disruptions, the outbreak has also shaken financial markets. Many people have heard from their financial advisors, reassuring them to remain calm during market volatility, but seeing major indices fall can still be unsettling. An independent perspective … Read more

The University of Michigan’s Institute for Healthcare Policy and Innovation carried out the National Poll on Healthy Aging (NPHA) in January 2023, surveying 2,563 people aged 50 to 80 about their social connections and experiences of isolation. The results show that many older adults—especially Baby Boomers living alone, often called “soloagers”—continue to struggle with persistent … Read more

The phrase “retirement planning” is commonly used in finance and the media, but its meaning varies depending on perspective. For some, it refers to saving and investing strategies designed to build a nest egg. For others, it emphasizes tax-efficient approaches and methods for generating steady income during retirement. Still others focus on the emotional and … Read more

The issue of ageism has received increasing attention recently. It’s hard to say whether ageism is actually worsening or if we are simply more aware of it. The aging of the Baby Boomer generation combined with longer lifespans means there are more older adults than in past decades. According to U.S. Census data, there are … Read more

According to a Wall Street Journal article by Kelly Greene published last Friday, an increasing number of families and financial advisors are considering continuing care retirement communities (CCRCs) to address potential long-term care needs. Rising long-term care insurance premiums and a shrinking number of insurers offering such policies have pushed many to explore alternatives. Greene … Read more

Planning for retirement involves more than accumulating sufficient savings. While ensuring you have the money to cover living expenses is essential, many people also want retirement to include meaningful experiences such as travel, hobbies, time with family, or leaving a legacy. One often-overlooked objective is preparing for the later stages of retirement so those years … Read more