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Takeaways Most people tend to marry someone who is within a few years of their own age. As a result, many married couples share the same cultural touchstones, social memories, and general values. Certain phases of life often coincide as they grow older together, as they may share similarly timed career paths and enter retirement… Continue reading The Effects of Family Caregiving on Older Adults

Takeaways Many Americans are worried they won’t have enough money saved to retire, and a cohort of the oldest workers is proving this concern to be legitimate. Nearly half a million Americans over the age of 80 are still working, while the 75-plus demographic is the fastest-growing segment of the workforce. For some, the choice… Continue reading Baby Boomers and Beyond: Working Far Past Retirement Age

A recent report by LendingTree revealed that nearly half of Americans are either financially supporting their aging parents or expect to do so. Though many younger adults feel a deep sense of duty to step in when needed, this responsibility often comes with significant financial strain and emotional stress. For older adults, this raises an important question: How… Continue reading Do You Need Financial Help From Adult Children?

Caring for a family member who is unable to fully care for themselves can offer a sense of purpose and meaning. However, it can be an all-consuming responsibility. For one, many family caregivers sacrifice their careers to care for a loved one who has a chronic illness or disability. In some cases, forfeiting work isn’t… Continue reading Life After Caregiving: How to Heal

Takeaways Would you be more inclined to give to charity if you could turn your assets into steady income, avoid an immediate tax bill, and leave a legacy for a worthy cause? A charitable remainder trust (CRT) can do exactly that. This estate planning tool blends philanthropy with financial strategy, allowing you or your beneficiaries to receive… Continue reading How Charitable Remainder Trusts Fit into an Estate Plan

Takeaways Many retirees pride themselves on years of careful financial planning, yet one major area often catches them off guard: the cost of health care. According to a recent Wall Street Journal article, even those who’ve saved diligently can be blindsided by three areas of medical expenses: costly prescription drugs, travel-related health care burdens, and the… Continue reading Consider These Medical Expenses When Planning for Retirement

Takeaways Scams targeting older adults can result in significant financial losses. According to the Federal Trade Commission (FTC), people in the United States lost $12.5 billion in scams in 2024, and older adults tended to lose more money than younger folks. Those in their 70s lost $1,000 to scammers on average, compared with a median of $417… Continue reading Beware DMV Text Scams Targeting Older Adults

Takeaways In June 2025, House Democrats Jimmy Gomez (CA) and Don Beyer (VA) reintroduced the Choose Medicare Act, with Senators Jeff Merkley (OR) and Chris Murphy (CT) sponsoring its Senate companion. The bill would establish a Medicare Part E: a public-option version of Medicare that would be available to all individuals and employers as an alternative to… Continue reading How a Proposed Medicare Part E Could Benefit Americans

Takeaways After many years of handling daily tasks, such as bathing, dressing, and cooking, we tend to take for granted that we can do these tasks without help. However, as we age, many of us will need help with some of these tasks, as well as other daily activities. In fact, nearly 70 percent of people age… Continue reading Older Adults Struggle to Meet the Dual Burden of Housing and Care

Takeaways As Americans approach age 65, many find themselves navigating the complex relationship between Medicare and other forms of health insurance, such as employer-sponsored coverage, retiree health benefits, and COBRA continuation coverage. Understanding how these types of insurance interact with Medicare is necessary for avoiding late enrollment penalties, coverage gaps, or unnecessary expenses. The Medicare Rights Center… Continue reading Pairing Medicare Coverage With Your Current Health Insurance