Two of America's most important programs, Medicare and Medicaid, celebrated their 50th birthdays in 2015. Medicare is the program that primarily covers seniors aged 65 and up by helping to pay around 80% of their eligible medical costs, whereas Medicaid primarily steps in to help lower-income Americans and families get medical care when they need it. Combined, these two programs cover around 116 million people.Read more
Washington D.C.: Age modifies the link between blood pressure, cholesterol and adverse cardiovascular outcome in older adults and now, a new study suggests that older patients are not too old to benefit from individualized preventive heart therapy.Read more
Retirement is supposed to be a time of life that couples look forward to and relish in. A time for them to fulfill the very things they talked and dreamed about as they struggled to raise children, worked diligently to establish their careers, and sacrificed to save and invest so that one day they could relax and enjoy everything they worked for.Read more
Legislation meant to protect Tennessee’s senior citizens is now headed to the governor for his signature.
Costs for rent and care at senior living communities across the country are going up, with southern and western states seeing the biggest percentage increases, a national housing referral service said Wednesday.Read more
Most people overestimate how much they can withdraw each year.
A new survey from New York Life shows that retirees and pre-retirees are more savvy about spending down their savings than they were a decade ago, with more than twice as many today saying that annual withdrawals should be held to less than 5% of one’s nest egg to avoid prematurely depleting it...Read more
Gov. Robert Bentley has signed a bill to help protect vulnerable adults from financial exploitation into law Monday.
Drafted by the Alabama Securities Commission (ASC), SB 220, entitled Protection of Vulnerable Adults from Financial Exploitation Act, will provide an important added layer of legal protection for Alabama adults who may be susceptible to financial abuse and exploitation.Read more