How Aging in Place is Like Being a Girl Scout

  The Girl Scouts have had an incredible positive influence on the lives of millions of women. And, with good reason: they teach girls to be good citizens and inspire them to be the absolute best they can be. You might think it odd to find an article about the Girl Scouts on a site that focuses on the latter years of one's life. However, I think you'll quickly see that … [Read more...]

The Five Key Risks All Retirees Face

by Jeff Helms, CFA Over the next twenty years, roughly 79 million Americans will cross the threshold to retirement, joining the millions of folks that are already retired. Welcome to what we call “Generation R”. The Retirement Generation. In my years of retirement research, I’ve identified five common risks that all retirees face. These are detailed in my new book, … [Read more...]

Saving More Important Than Ever

A study by the AARP released last week reveals the impact this economy is having on Baby Boomers.  A high percentage of individuals have changed the way they invest their money because of these turbulent economic times.  Many are dipping into their retirement accounts or have stopped depositing money in their IRA in order to meet their monthly bills. This can jeopardize their … [Read more...]

Planning for the Cost of Daily Care

When you are building your own aging in place plan, consideration needs to be given to the costs for alternate care services. For the millions of baby boomers taking care of an older parent now, this information may be helpful as well. On September 30th, 2008, the MetLife Mature Market Institute(R) released the results of a national survey of adult day services and home care … [Read more...]

Rising Living Costs to Blame for Increased Senior Bankruptcy Filings

Rough economic conditions are hitting older Americans hard. Rising medical care and consumer goods being the worst. Many older people are taking on debt to pay for medical care. According to one study by the Harvard Law School, bankruptcy filings for seniors showed an increase from 8% in 1991 to 22% in 2007. In a related note, the federal government just released a report … [Read more...]