More baby boomers staying in homes, skipping downsizing

More baby boomers staying in homes, skipping downsizing

From USA Today —  It’s always been a sort of final chapter of the American dream: Get married and have kids. Buy a house. Move to a bigger house. Downsize to a smaller one. But a growing number of aging baby boomers are saying, “No, thanks” to downsizing, choosing...

Will Social Security be around when I’m ready to retire?

From The Washinton Post —  Young and old are concerned that the safety net designed to keep people from abject poverty is running out of money and may be shut down. They aren’t wrong to worry. Fifty-seven percent of retirees rely on Social Security as their primary...

Social Security and Medicare Funds Face Insolvency, Report Finds

From The New York Times —  WASHINGTON — The financial outlook for Medicare and Social Security, two of the nation’s most important social safety net programs, remains precarious, threatening to diminish retirement payments and increase health care costs for Americans...

Fewer Americans seeing crucial Social Security document

From Reuters —  It is one of the most important retirement documents you will ever receive – but fewer Americans are reviewing their Social Security benefit statement nowadays due to cost-cutting and a government push to online services that is falling short....

‘Geriatric Champions’ Are Changing Medicine for Good

From Next Avenue —  Dr. Subhechchha Shah recently saw an 80-year-old patient with a long list of medical ills, including chronic pain from multiple back surgeries, Parkinson’s disease and related dementia. In the past, Shah would have referred the patient to...

The No. 1 question Americans ask most about retirement

From Market Watch —  In honor of April, which is financial literacy month, Google unveiled the 10 questions that Americans ask most about retirement. The question Americans ask the search engine most often about retirement: “How much do I need to retire?” 10...

New Rules Battle Financial Scams, Elder Abuse

From Kiplinger —  One in five older Americans falls prey to financial exploitation each year. Now, banks and financial advisers are stepping up front-line defenses. The next time you meet with your financial adviser, you may be asked to supply a trusted point of...

2019: The Year of Retirement Reform

From Forbes —  President Trump and Congress made their mark on the United States in 2017 with the most significant tax reform in 30 years. With four significant pieces of retirement reform legislation before Congress, retirement reform could be the dark horse of 2019....