"Restricted application" Social Security filing strategy can pay off for seniors born before 1954

When a door closes, a window opens, they say.

One door that closed this year was a (perfectly legal) option that allowed married couples to boost their lifetime benefits from Social Security. That option, called “file and suspend,” was eliminated by Congress earlier this year in an effort to close loopholes in the program

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Investigation into elder abuse cases shows most offenders only receive light sentences

BOSTON —5 Investigates pulled dozens of elder abuse cases from district courts all across the state and found almost nine times out of 10, caregivers convicted of crimes against the elderly served no time in jail.

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Senior citizens in 47 states aren't replacing enough of their pre-retirement incomes

NEW YORKMay 23, 2016 /PRNewswire/ -- Senior citizens in 47 states and the District of Columbia aren't replacing enough of their pre-retirement incomes, according to a new Bankrate.com (NYSE: RATE) study. Many financial experts believe retirees need at least 70% of the income they earned in their working years, but only seniors in HawaiiAlaska and South Carolina meet that threshold.

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Yoga and meditation may help prevent dementia

RALEIGH, N.C. (WNCN) – Dementia affects millions of Americans every year.

Mild cognitive impairment (mild pre-dementia) affects 20 percent of those over the age of 65. Of these, nearly 15 percent go on to develop clinical dementia every single year.

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5 crucial retirement years for your money

Picture your first years in retirement and a lot of happy images probably come to mind: fun times with the grandkids, long-postponed travel and days free of deadlines and schedules.

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America's elderly need greater investment in affordable housing

Our nation is aging and millions of older adults will struggle to find housing that is both affordable and physically suitable. As co-chairs of the Bipartisan Policy Center’s Senior Health and Housing Task Force, we are releasing a report Monday with a set of recommendations that Congress, the administration and states could implement that would enhance the lives of America’s seniors.

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Proposal to reduce Medicare drug payments has been met with bipartisan criticism

WASHINGTON — An Obama administration proposal to reduce Medicare payments for many prescription drugs has run into sharp bipartisan criticism, suggesting that it is easier to diagnose the problem of high prices than to solve it.

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A number of scams are still targeting the elderly

Telemarketing scams, “anti-aging” product scams, prescription drug scams, health insurance scams: The ways that fraudsters target the elderly are numerous and growing by the day.

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Life will be very different in retirement, here are some facts every retiree should know

Close to four million Americans retire each year, and while they may have prepared by saving and investing money in IRAs, 401(k)s, and other accounts, they're likely unprepared in other ways.

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Whether you should take Social Security or IRA withdrawals first depends on your situation

It is a retirement dilemma.

When planning for retirement cash flow, should a client start Social Security as early as age 62, letting individual retirement account money continue to grow, tax-deferred? Or should that client tap the IRA and wait for a larger Social Security benefit?

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