SENIOR LIVING JOURNAL

Money

Older Americans Could Save an Average of $612 Annually by Switching Medicare Part D Plans

With the Annual Enrollment Period for Medicare Part D beginning on November 15, CVS/pharmacy and the National Council on Aging (NCOA) are urging older adults and their caregivers to review their Me...
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Financial Help for Veterans and Their Spouses

Are you a wartime veteran (or the surviving spouse of one) with a medical condition that requires the assistance of another person? Are you receiving this care from an Assisted Living Community, a ...
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More Dire Warnings for Social Security

In response to the dire warnings issued in the Social Security and Medicare Trustees Report, RetireSafe and its 400,000 senior supporters called on the President and Congress to take immediate acti...
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Senior Living Communities Are a Cost-Effective Choice in Challenging Economic Environment

Classic Residence by Hyatt is helping older adults and their families better understand why moving to a senior living community continues to be a smart and cost-effective choice—even in this challe...
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Helping Americans Do a Better Job of Saving for Retirement

Over the past 20 years, the 401(k) plan has gradually replaced the traditional pension plan as a primary source of retirement income for many American workers. This trend has shifted the responsibi...
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Meals or Meds? BenefitsCheckUp® Helps Older People Struggling with Food Costs

As the costs of healthcare and gas rise, older Americans with limited income and resources also find themselves worrying about how they can afford their next meal.

"I have Medicare but I can'...
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Retiring Right

Wealth alone is no guarantee of a secure retirement. It’s time to start thinking about what you’ll need.

Even if you are doing well, plentiful assets and a good income are probably not enough...
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Three Strategies for Living Well in Retirement Without Being an Investment Wizard

If you are like the vast majority of Americans, most of your retirement income will not come from your financial assets. But that doesn’t mean you can’t live well in retirement – if you recognize t...
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Study Shows Need for Awareness on How to Pay for Long-Term Health Care

Many health insurance experts share a belief that the majority of Americans would be unprepared if they were faced with a medical crisis that required long-term care.

And although many Amer...
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Are You Building Enough Wealth to Support Yourself in Retirement?

The 21st century offers new opportunities and compelling reasons for workers to achieve the American dream of financial independence in retirement. Fortunately, making that dream a reality got easi...
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Budget for Retirement Without Sweat or Stress

For many people, "personal budget" sounds like an avoidable phrase. But as gas prices, food costs and energy bills skyrocket, those Americans living paycheck-to-paycheck might find themselves in fi...
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Individual Insurance Options for ‘Baby Boomers’

(ARA) - In the past, it was somewhat common for a person to work the majority of his or her career at the same company, receiving health benefits the entire time. This often extended to retirement,...
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Women Can Anticipate Nearly Half the Retirement Income of Men

Women are at a much higher risk than men of facing economic uncertainty in retirement and, on average, they'll enter retirement with considerably less savings than men. Women face these unique chal...
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Unwise Spending Can Sandbag Retirement Security

(ARA) – When it comes to financial health in retirement, how much you set aside for your senior years is only half the story. Equally important is how you invest and spend what you’ve saved, and a ...
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Tips to Help Protect Non-Traditional Families Facing Retirement Planning Hurdles

The MetLife Mature Market Institute® is making a series of tips available to consumers, particularly those who are not in “traditional families,” to help them make the right choices about how to pr...
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Your Credit Isn't the Only Thing ID Thieves Can Steal

(ARA) – Two of the three major credit bureaus are now allowing consumers in all 50 states to “freeze” their credit histories. The companies say the move gives consumers another option to safeguard ...
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Retiring? Top Six Things to Consider Before You Leave Your Job

(ARA) - There’s no better time than the start of the New Year to take a fresh look at our financial future -- including how we plan for retirement.

For the 76 million baby boomers approa...
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11 Things You Need to Know About Long Term Care Insurance

Every day, we read about the sandwich generation, folks taking care of their parents while raising their own kids. We get cold-calls, emails and are bombarded with advertisements talking about boom...
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Three Tips to Help Investors Deal with Stock Market Conditions

As any investor knows, investing in the stock market over the past year has been like riding a roller coaster - with some gut-wrenching drops like the Dow's 326-point slide in late January 2008 fol...
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Americans View Retirement Planning as Difficult as Diet and Exercise

At a time when the need for retirement planning has never been greater for individuals and families, a major roadblock exists for many Americans around starting and eventually navigating through th...
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Seven In Ten Baby Boomers Now Less Confident Their Retirement Savings Will Last

(PRWEB) As economic indicators continue to trend downward, baby boomers feel less confident that their retirement savings will see them through retirement. But few may know what steps to t...
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ING Releases Findings from Retirement Number Study

Most Americans view birthdays, anniversaries, and social security numbers as more 'important' than financial numbers, including the amount needed for their retirement. Two out of three think about ...
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Most Baby Boomers Underestimate Disability Risk

Most Baby Boomers underestimate their risk of suffering a disability that would cause them to miss work for an extended period of time, according to a new survey conducted by Harris Interactive on ...
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Understanding the Basics of Medicare

The first waves of baby boomers turn 62 this year and begin claiming Social Security benefits. And, according to new research from the National Association of Insurance Commissioners (NAIC), many a...
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Social Security Is Worth $225,000 for a Typical Retiree

For most Americans, the value of their Social Security is the biggest accumulation of dollars they will take into retirement. In fact, for two-thirds of recipients over the age of 65, Social Securi...
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Reverse Mortgages: What You Need to Know

Over 70,000 Americans have improved the quality of their lives and have been relieved of the worries of coping with unexpected expenses through a reverse mortgage. If you are sixty-two years or ol...
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Why Long Term Care Insurance Should be Part of Your Retirement Plan

(ARA) - Striking a balance between financial resources and lifestyle goals is often challenging. If you’ve spent any amount of time on financial planning, you have undoubtedly faced the need to fun...
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