Retirement

Recently, I was surprised, pleased, and sobered that a few online calculators estimated I could live to age 100. I’m currently age 70, so that would mean I’d be retired for 30 years! While it was nice to think I still had 30 years to live, it was also a wake-up call that I should

If you have an aging loved one in your life, you might see what we’re seeing in so many families here at AgingParents.com—elders refuse to accept anything new. It can be an assistive device, help at home, replacing what’s broken, or anything. It might be addressing an obvious hearing loss. Mom or Pop keeps saying

There are many articles written on the best and worst ways to claim your Social Security benefits. Should you claim early? Should you claim later? Should you keep working? All good questions; and for full disclosure, I have written many of those articles. But a particularly important question that should be addressed at the very

$40,000—That’s how much the typical Generation X household has saved for retirement. This number should set off alarm bells for anyone concerned about retirement security because that level of savings at retirement would provide only $100-150 a month in retirement income. As the first generation to enter the workforce after the move away from pensions

I recently spent an afternoon estimating how long I might live, using a few life expectancy calculators. It was this actuary’s idea of fun! It was also very enlightening and sobering, even for someone who works researches and writes about longevity topics. It reinforced the conclusion that I should be planning for a long retirement,

Financial foolishness is everywhere and easy to spot, but one of my favorite pastimes is finding financial wisdom where you might not expect it, especially in the arts and music. In past posts, I’ve explored the profound financial insight of Bob Marley, Mumford and Sons, Jason Isbell, and the Avett Brothers. Today we examine the

Scammers will find a way to trick older people with the most underhanded schemes. Most older folks receive Social Security and it is an important income source for many retirees. When someone calls them and tells them that there is “legal activity” or that someone is using their Social Security number illegally, it creates alarm.

The epitome of the American dream is to be a family-oriented entrepreneur who has created a successful business. Your company is not only a source of pride, but also the basis for your wealth in retirement and a legacy to leave your family. There is often a wrinkle in this dream that occurs when you

Living with memory loss and other cognitive limitations is hard. But when you can’t remember or can’t process information well enough to make important decisions, and you have no one by your side to support you, life can be extra tough. Researchers at the University of California San Francisco ((UCSF) estimate that about 4.3 million

Those paying close attention to Social Security will recall the latest trustees’ report detailing how the Social Security trust fund could run short of money as early as 2034 unless Congress acts to shore up the system’s finances. The report also noted that “lawmakers have many options for changes that would reduce or eliminate the