
Better Money Management as an Older Adult
As income becomes fixed and expenses shift, older adults benefit from budgeting strategies that preserve independence and protect long-term security.
As income becomes fixed and expenses shift, older adults benefit from budgeting strategies that preserve independence and protect long-term security.
People over 65 who remarry after a death or divorce can face thorny financial questions—especially when it comes to adult children and inheritances.
More retirees are claiming Social Security benefits before full retirement age. This may offer short-term income, but it raises long-term financial concerns.
Understanding Social Security rules and benefits is essential for financial security in retirement. An elder law attorney can help you make informed decisions.
Plan for the possibility of cognitive decline and the future of your household’s financial affairs.
Planning for your golden years is no small feat. A robust retirement plan is a treasure map to comfort and security in your later life. However, the road to a stress-free retirement is often littered with potential mistakes. Identifying common retirement planning mistakes and knowing the mistakes to avoid can save future retirees from headaches and financial instability. Are You Underestimating Health Care Expenses When Your Retire? One retirement mistake made often is underestimating health care costs. It’s easy to overlook long-term care and other health expenses, especially if you’re currently in good health. However, healthcare expenses can deplete your…
AI-driven fraud is on the rise, and that includes Social Security scams. Thieves are using artificial intelligence to get personal information that can be used to access benefits.
Elder law focuses on the needs of people over the age of 65. The major areas of this specialty are estate planning, long-term care planning, special needs planning, disability planning, conservatorship or guardianship and elder abuse.
Social Security COLAs are tied to the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), a measure of price changes for a selection of goods and services, including food, energy, and medical care, that is reported monthly by the federal Bureau of Labor Statistics.
Whether you’re counting on Social Security to fund most of your retirement income or supplement it, you want to make sure you get all of the money you’re entitled to.