A terrible thing is happening to America’s seniors. While overall poverty rates in the United States are falling, they are rising for Americans over age 65. That’s according to the Read more
Tag: Seniors
Confused about Medicare open enrollment? How to maximize your coverage.
Medicare’s annual enrollment period is officially live, and all beneficiaries should conduct a review of the benefits they have (and may need). Retirement Tip of the Week: If you’re covered Read more
Opinion: ‘I feel like the unluckiest college saver.’ With the stock market down, here’s 3 things parents of juniors and seniors can do now.
As the parent of a high school junior, I feel like the unluckiest college saver. I’m close to tuition bills coming, which is not a good time for our portfolio Read more
Seniors are getting a $140-a-month Social Security raise — here’s why it may not be enough
The 66 million Americans on Social Security are getting a big cost-of-living increase: 8.7%. It goes into effect in December, with the first payment made in January 2023. It’s the biggest hike since Read more
Opinion: Reverse mortgages are mostly misunderstood — they can offer seniors a lifeline as markets sink
If they own stocks or bonds, they might not want to sell with both markets crashing simultaneously. Or they may be out of options altogether and their home is their Read more
In this state, seniors can now freeze their property taxes — here’s how
A new property tax relief law went into effect this week in Maine, which could be a boon for seniors in the nation’s oldest state that also has the fourth-highest Read more
Should seniors be worried about monkeypox?
The monkeypox outbreak in the U.S. is a reason for older Americans to be more vigilant, but not panic, experts said. So far, there have been 9,492 cases of monkeypox Read more
This program makes aging in place easier and more accessible for seniors
In 2015, the housing authority in Bath, Maine, created the Comfortably Home program after seeing the maintenance challenges that older people and those with disabilities faced in the challenge of Read more
Romance and grandparent scams are on the rise for seniors — how to protect yourself
Fraud has soared during the pandemic, and retirees — especially those 70 and older — have paid the steepest price. The median loss was $9,000 compared with $750 for the youngest Read more
Opinion: Seniors say inflation is having a ‘striking impact’ on healthcare costs
Since most senior citizens live on a fixed income, they provide an early indicator of when inflation starts to hurt and — worse — how it can force us to Read more