Ask yourself these 3 questions before you retire
When researchers for a recent IPSOS/USA Today survey asked 45-to-65-year olds how prepared they felt for retirement, 59% responded that they felt very or somewhat prepared.
Read moreIf you’re a senior on Medicare and you stay at a hospital under “observation status,” you may end up with serious financial pain
Going into the hospital is stressful enough. But if you’re a senior on Medicare, and you stay at a hospital under “observation status,” you may end up with serious financial pain, too.
Read moreTennessee Department of Commerce & Insurance Securities Division is working to protect seniors from fraud
NASHVILLE, Tenn. (CLARKSVILLENOW) – Did you know that an estimated 75 percent of the nation’s consumer wealth is held by people age 50 and over? Scammers do, and that’s why senior investors are some of their most frequent targets.
Read moreMore than 10,000 people have fallen victim to an IRS scam targeting senior citizens
WASHINGTON — More than 10,000 people have fallen victim to an IRS scam targeting senior citizens, where fraudsters pose as Internal Revenue Service agents and demand money from unsuspecting taxpayers, many over the age of 55.
Read moreTennessee couple credits family as they celebrate 6 decades together
When Clifford Smith was attending church in 1953 shortly after returning from his stint in the armed forces overseas, someone caught his eye.
Read moreLouisiana legislators begin special session without clear plan to solve $304 million budget deficit
The Louisiana Legislature will get eight days, five hours and 30 minutes to close a $304 million midyear budget deficit, starting Monday, but it remains unclear what route will become most popular for lawmakers to bridge the gap.
Read moreGeorgia Congressman and physician, Tom Price confirmed to lead Health and Human Services
WASHINGTON — The Senate early Friday approved the nomination of Representative Tom Price to be secretary of health and human services, putting him in charge of President Trump’s efforts to dismantle the Affordable Care Act.
Read moreIncrease in funding will allow Meals on Wheels & other services to Georgia seniors to remain in place
With the graying of the boomer generation, more tax dollars are starting to flow into services that help seniors age in place.
Read moreIt’s never too early to start planning for long-term care
We hear a lot about how healthcare is a major burden Opens a New Window. for retirees. In fact, the average healthy 65-year-old couple that retired last year will spend an estimated $377,000 on healthcare costs throughout retirement. But while that number paints a pretty scary picture on its own, here's something even more frightening to chew on: It doesn't even account for long-term care expenses like assisted living facilities or nursing homes.
Read moreBe sure you understand Medicare rules and discuss them with your doctors & nursing home
Our long-term care needs often burden family members financially and create demands on their time. That is particularly true if a family member has to leave his or her job to provide care. Understanding possible financing arrangements for long-term care is part of good planning that will reduce the stress of having to make critical decisions suddenly that could adversely affect you and your loved ones.
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