Financial Planning

It likely comes as no surprise to agebuzz readers: Paying for the costs of long term care- whether in your home, at an adult day care center, or at an assisted living facility or nursing home- can be enormously expensive, in fact, out of reach for many if not most….

If you’re a member of the Silent Generation or a Baby Boomer, you might be sitting on a lot more wealth than previous generations. If you were born after 1964, you may therefore be one of the recipients of the Great Wealth Transfer that is predicted to take place in…

As we previously posted about the idea of “aging in place,” a majority of older adults seem ready and willing to live out their days in the communities in which they have lived rather than move out of the area or enter a long-term care community. Real estate data seems…

It’s no secret that times are tough for many people right now. With inflation still high, investment accounts with low values, and retirement budgets often fixed, older adults may be struggling to keep up with expenses, let alone afford some little luxuries that one hopes are attainable during retirement. According…

You may not be one of the billionaire tech guys who’s heavily investing in the possibility of living forever or be trying to “hack” your body to the point of aging in reverse, but there’s a good chance that you may live a lot longer than you realize. Certainly, demographic…

With the passage of the Medicare Modernization Act of 2003, the Medicare Part D Subscription Drug Program became law, and Medicare beneficiaries finally received help paying for outpatient prescription drugs they obtain at their local pharmacy. However, this law prohibited Medicare from negotiating drug prices for its beneficiaries. Thus, pharmaceutical…