Approximately one in 10 older people living in the United States has experienced physical, sexual, psychological or financial abuse or neglect, according to the National Center on Elder Abuse. To understand how to keep your elderly loved ones safe, whether in your care or in the care of others, Patricia Speck, DNSc, a board-certified family… Continue reading Recognizing Elder Abuse
Tag: financial
A Public Policy and Increased Patient Deaths
A policy that was supposed to reduce hospital readmissions via financial penalties was linked to a significant increase in post-discharge death for patients who had heart failure and pneumonia, according to a large-scale study. The investigation was conducted by researchers in Beth Israel Deaconess Medical Center’s (BIDMC) Smith Center for Outcomes Research in Cardiology. It… Continue reading A Public Policy and Increased Patient Deaths
Is Your Retirement Plan Ready for The Longevity Revolution?
Americans are living longer than ever, with the average life expectancy now rising to about 79 years. Some have referred to this trend as the “longevity revolution,” but it’s also creating a revolution in the way people think about retirement. What worked for retirees a generation ago isn’t going to work today. For most people,… Continue reading Is Your Retirement Plan Ready for The Longevity Revolution?
3 Tips to Make The Finances Add Up for the Spouse Left Behind
Traditional wedding vows usually include the phrase “till death do us part,” but it’s not a part of the ritual most couples want to dwell on. Financial professionals, though, say ignoring the eventuality of death is unwise when it comes to a couple’s decisions about retirement and money. “The decisions you make today can affect… Continue reading 3 Tips to Make The Finances Add Up for the Spouse Left Behind
Social Goals Help Older Adults Walk More
Social goals such as charity walks to raise awareness for a cause may be effective in motivating older adults to exercise, according to a study this month in the American Journal of Preventive Medicine from researchers at the Perelman School of Medicine at the University of Pennsylvania. Although numerous studies have demonstrated significant health benefits… Continue reading Social Goals Help Older Adults Walk More
Common-Sense Advice for Protecting Yourself from Financial Schemers
My friend’s mother, who is in her 70s, got a letter in the mail printed on official-looking letterhead of a familiar bank, which informed her that a long-lost account had been discovered. It had money that she could reclaim if she telephoned before a certain date. The woman had done business with that bank and… Continue reading Common-Sense Advice for Protecting Yourself from Financial Schemers
Late-in-Life Marriage and Tough Financial Decisions
Marriage later in life can be a satisfying and romantic accomplishment, whether it is a first-time event or the rekindling of love after a divorce or death of a spouse. However, unlike marriage in your 20s, making the commitment in your 50s, 60s or later suggests not only a walk down the aisle but also… Continue reading Late-in-Life Marriage and Tough Financial Decisions
How to Watch the Market in Uncertain Election Times
With the presidential election dominating the news cycles, many investors may be keeping an eye on the stock market as well as the voting booth as they wonder what impact the election of Hillary Clinton or Donald Trump could have on their portfolios. “Presidential elections are almost always a big part of the greater theme… Continue reading How to Watch the Market in Uncertain Election Times
Ten Tips for Caregiving Daughters – and Their Mothers
As Mother’s Day approaches, many older women in a mother/daughter caregiving relationship may find it a bittersweet holiday. No matter how strong their relationship is with their mother, caregiving is an exhausting, often frustrating task. As in many aspects of life there are lessons to be learned and a lot of bumps and bruises that… Continue reading Ten Tips for Caregiving Daughters – and Their Mothers
Ready to Retire? It’s Time to Simplify Your Life
The time is now to get started on reaching your retirement goal (or dream) in 2016. Reboot Partners, four Boomer professionals, have written a practical guide, THE RETIREMENT BOOM: An All Inclusive Guide to Money, Life, and Health in Your Next Chapter (Career Press), to make the transition a bit easier. (You can order the… Continue reading Ready to Retire? It’s Time to Simplify Your Life
How Women Can Catch Up on Retirement Savings
Because women live longer and earn less money than men, they need to save $126 for every $100 men save in order to have a decent standard of living in old age. And the biggest financial challenge women face is longevity – we live longer than men and are more likely to end up alone… Continue reading How Women Can Catch Up on Retirement Savings
Protecting Loved Ones from Financial Predators
One can only wonder how many people deal with financial predators in America. Terrie and Jon Hull have a scary story to tell. Married for 35 years, they were very close to Terrie’s mother, Jean. But after Jean suffered a traumatic brain injury that left her physically vulnerable and in need of care, her boyfriend… Continue reading Protecting Loved Ones from Financial Predators