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You are here: Home / Archives for money

money

Saving More Important Than Ever

October 13, 2008 By Mark Hager

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 […]

Filed Under: Money and Finance for Aging in Place Tagged With: AARP, Aging in Place, elderly, finances, financial planning, money, retirement, saving money, seniors

Planning for the Cost of Daily Care

October 1, 2008 By Mark Hager

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 […]

Filed Under: Caregiving, Money and Finance for Aging in Place Tagged With: adult daycare, Caregiving, daily care, elderly, financial planning, money, seniors

Money Saving Tips for Seniors Part II

September 18, 2008 By Mark Hager

With the rise in gas prices and consumer goods many people are looking to squeeze every ounce of buying power they can from their money. Here are a few more tips on how you can save money. Saving a little here and there can really add up. Make your home more energy efficient: Most public […]

Filed Under: Money and Finance for Aging in Place Tagged With: elderly, finances, money, money saving tips, seniors, tips

Let’s Talk Retirement Plans

September 8, 2008 By Mark Hager

As a Boomer, you’ve spent many years working hard to improve yourself and your lifestyle. But, how financially prepared are you for retirement? The answers to this question will range from, “very prepared” to, “I’m never going to make it.” If you are still in the workforce, even part-time, knowing your retirement plan intimately can […]

Filed Under: Retirement Tagged With: baby boomers, elderly, finances, money, retirement, seniors

Rising Living Costs to Blame for Increased Senior Bankruptcy Filings

August 30, 2008 By Mark Hager

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 […]

Filed Under: Money and Finance for Aging in Place Tagged With: bankruptcy, elderly, finances, financial planning, money, seniors

Watch Out for Closing Costs if Buying or Selling Home for Retirement

August 17, 2008 By Mark Hager

According to a recent story on Realtor.org, the slow housing market is not bringing closing costs down. These costs can significantly impact the bottom line in your real estate deal, so make sure you take this into consideration as you plan to buy or sell your retirement home. It may surprise you to find out […]

Filed Under: Real Estate Tagged With: elderly, home, house, money, money saving tips, Real Estate, seniors

Save Money With a Seniors Real Estate Specialist®

August 4, 2008 By Mark Hager

No one is opposed to saving money, especially when you are talking about a big investment like a home. A Seniors Real Estate Specialist will know how to help you navigate around some the pitfalls that could be waiting for you when you sell your home, such as helping you identify items that should be […]

Filed Under: Money and Finance for Aging in Place, Real Estate Tagged With: money, Real Estate, saving money, senior real estate specialist

Baby Boomers Not Financially Prepared for Disability

August 1, 2008 By Mark Hager

In a series of surveys conducted by Harris Interactive for the America’s Health Insurance Plans, Baby Boomers were questioned about their opinions, perceptions and preparedness about disability coverage and how they might be impacted financially were they struck with a debilitating disease or injury that kept them from working.The results were a little astounding, actually. […]

Filed Under: Money and Finance for Aging in Place Tagged With: Aging in Place, disability, elderly, finances, financial planning, money, seniors

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