Archive | Retirement

A senior woman walking down a corridor with the assistance of a walker. view from rear

In 10 Years, Half Of Middle-Income Elders Won’t Be Able To Afford Housing, Medical Care

Projections put the average annual assisted living and medical expenses cost in 10 years at $62,000, meaning that a majority of the middle-income seniors then will not be able to afford an assisted living facility.

Read the full story

Posted in Housing Options, Your Money0 Comments

Designing senior living

Designing Senior Living Facilities A Challenging Task

“Aging in place” is a concept that allows seniors to live safely and comfortably at home as they age.

Read the full story

Posted in Family Care, Housing Options0 Comments

medicare, social security, retirement

Medicare, Social Security Face Shaky Fiscal Futures

President Donald Trump has declared benefit cuts to the nation’s signature retirement programs off limits and many Democratic presidential candidates are calling for expanding Medicare benefits.

Read the full story

Posted in Health, Retirement, Your Money0 Comments

credit score

Savers: It Pays To Shop Around For Best Returns

In the low-interest rate environment that followed the Great Recession, banks routinely paid little to nothing on many personal accounts.

Read the full story

Posted in Retirement, Your Money0 Comments

gomberg-powers-wapo_1350

How To Zero In On Your Final, Forever Home

When Martha Powers and Larry Gomberg heard the news about Hurricane Florence bringing horrific winds and catastrophic flooding to Wilmington, N.C., they grimaced.

Read the full story

Posted in Features, Housing Options0 Comments

House home money

Should You Pay Off Mortgage Before You Retire?

To cover mortgage payments, retirees frequently have to withdraw more from their retirement funds than they would if the mortgage were paid off.

Read the full story

Posted in Retirement, Features, Your Money0 Comments