These trick questions can assess whether you're really ready to retire
Time and time again, people perceive retirement as a financial goal and objective rather than personal one. That causes people to focus on financial questions and answers such as, how much money do I need… how much can I withdrawal… and how long will it last?
Those are important questions, but for someone to truly be ready to retire, they also need to have their mental, social, and physical house in order as well. Therefore, it’s important to have a few trick questions to assess whether people are really ready to leave the workforce or not.
Read moreMake sure to do your research before signing up for Medicare coverage
Your 65th birthday is coming up. Soon, you think, the government will send you a packet explaining how to enroll in Medicare — its vast health program for 46 million seniors.
Read moreBlueCross of Tennessee will add hearing coverage to its 2017 Medicare Advantage plans
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--BlueCross BlueShield of Tennessee intends to help the large number of seniors who suffer from hearing loss by offering high-quality, affordable hearing benefits in its 2017 Medicare Advantage plans known as BlueAdvantage℠.
Read moreThere are some situations where it makes sense to take Social Security early
Roughly one-third of men and nearly four in 10 women claimed Social Security at age 62 in 2015.
Read moreGeorgia senior living center is using laughter to help residents get healthier
SANDY SPRINGS, Ga. - Laughter really is good medicine, at least when it comes to helping older adults get healthier.
Read moreNew program aims to cut down on unnecessary hospital visits by treating seniors in their nursing homes
Restrictions on what Medicaid and Medicare will cover for nursing home patients can often lead to unnecessary hospitalizations – an estimated $8 billion in unnecessary hospitalizations each year, in fact.
Read moreIncreases in late life divorce is creating a new set of financial challenges for today's seniors
A common misconception about marriage in the U.S. is that millennials have a higher divorce rate than previous generations. In fact, millennials are actually divorcing at much lower rates than those of similar ages in the 1970s and 1980s.
Read moreReview your plan during Medicare open enrollment, it may change or have different costs
It is that time of year again when U.S. Medicare beneficiaries can make changes to their existing health-insurance plans or enroll as new clients during open enrollment period, and experts say not enough people are taking advantage of the opportunity.
Read moreSocial Security Administration announces benefits will increase in 2017
The Social Security Administration (SSA) recently announced that the inflation index it uses to determine cost-of-living adjustments (COLA) has increased over the past year. As a result, Social Security and SSI benefits will both automatically increase by 0.3% in 2017. Here's how the COLA is determined each year, and what it could mean to you in 2017.
Read moreNew study links high blood pressure in middle age to increased dementia risk
High blood pressure - especially in middle age - is linked to dementia, a study has found.
Read more