We all know we need to save for retirement. But what if retirement comes sooner than we had planned due to a layoff or a health issue? Another potential outcome is living longer than anticipated and not having enough funds to cover important necessities. According to a 2013 Allstate/National Journal Heartland Monitor poll, Americans are concerned about saving for long-term needs such as...

According to The Natixis Global Retirement Index, the United States of America ranks 19 out of the 150 nations analyzed in the standard of living and retirement study.1  This marks the second year in a row America has ranked in position 19. The study looks at indicators that determine welfare in retirement. Each country receives individual scores in each of the following categories: health...

Since the 2008 economic crisis, some families may have moved in together to combine expenses. Families may have faced job loss, underemployment or overwhelming debt that forced them to decrease their expenses and move back home. This could come at a sensitive time for aging parents as they face retirement or may already be living on a limited income. When adult aged children move back home with...

Seniors who have debt may put off retirement in order to pay off their mortgage or credit card bills. Alyssa Gerace of Reverse Mortgage Daily reports that the number of adults ages 62 through 69 with debt increased from 48% to 62% between 1998 and 2010. In 2010, the median amount of debt for that age group was $32,100 per person.1 When you add in the costs of aging such as in home care, home...

Who can resist smiling when you hear a little kitten’s tiny meow or receive a slobbery kiss from a puppy? That smile may be more than just a reaction to something pleasant. There are new studies that prove elders who own pets live longer, experience better health and tend to enjoy life more. According to an article by SeniorsList.com pet owners often experience a decrease in temperature, stress...