Reliance on Social Security near record high

From USA Today —  This coming August, we’ll be celebrating Social Security’s 84th anniversary since it was signed into law by Franklin Roosevelt. Over its nearly 84 years of existence, more than 79 of which have included payouts to retired workers,...

US long term care market expected to reach $737.1B by ’26

From PR Newswire —  The U.S. long term care market size is expected to reach USD 737.1 billion by 2026., registering a 7.5% CAGR during the forecast period. The market is expected to be driven by rising incidence of chronic disorders in U.S., which can be attributed...

10 Things to Know About Medicare Part D Coverage and Costs in 2019

From KFF.org —  The Medicare Part D program provides an outpatient prescription drug benefit to older adults and people with long-term disabilities in Medicare who enroll in private plans, including stand-alone prescription drug plans (PDPs) to supplement traditional...

A new way to pay for the single biggest expense in retirement

From Market Watch —  Older Americans increasingly opt for ‘continuing care at home’ plans or join programs that foster community support. After surviving cardiac arrest in 2013, Martin Faga left the hospital to begin his recovery at home. It didn’t go smoothly. “It...