Tag: Retirement
Is a Cruise Ship Retirement Cheaper than Assisted Living?
It might sound like a lark for Mom and Dad to live out their golden years in a nice hotel or on a globetrotting cruise ship, but when you calculate the costs and the practical realities, how does it really compare to assisted living? There’s an e-mail rumor that’s been making the rounds for years;…
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Could Tulsa Be the Next ‘Hot-Spot’ Retirement Destination?
Not only is Tulsa surprisingly retirement-friendly, it’s pioneering a new initiative for community-building that encourages family connections and multi-generational living. For those who associate a cushy retirement with places like Florida and Sun City, Arizona, it might come as a surprise to find out that Oklahoma is catching up fast. An article in the Wall…
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Late-Life Divorce and the Impact on Planning for Retirement
The rate of divorce for couples over 50 has increased so much that it’s prompted a new buzzword: “gray divorce.” Why are seniors separating, and what are the ramifications of being single later in life? Divorce rates in the U.S. have declined over the past 10 years, according to statistics from the CDC. However, the…
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5 Ways to Break the Rules of Retirement Planning
We all want our loved ones to be financially stable in retirement. But some of the conventional wisdom about retirement planning could be just plain wrong. There’s no shortage of articles touting the “rules” for guaranteeing a perfect retirement. But as the ins and outs of financial planning become increasingly complex, it might not be…
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Who Would You Like to Live With at an Assisted Living Community?
Poll results are in! Our most recent poll generated an impressive 2,497 votes in only a few weeks. This shows the importance of companionship in our ‘autumn of life’ and that many Americans, especially baby boomers, are thinking about—and planning—their retirement. After all, we know how important socialization and stimulation are for quality of life…
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America’s Richest Retirees Prefer Seattle Over Florida
The wealthiest retirees in the U.S. favor waterside homes, country settings and plenty of space, whether they live in rainy Seattle or sunny Florida. When older Americans retire, they tend to look for communities with a particular slate of characteristics—convenient medical services and senior-friendly leisure activities, for instance. It’s common knowledge that places like Florida…
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Don’t Cut Monthly Social Security Payments to Seniors
A recent poll indicates that a majority of people would rather hike taxes–or even raise the retirement age–than cut monthly Social Security benefits for future generations of seniors. If your loved ones are retired, chances are pretty good that they’re getting Social Security benefits. About 56 million people currently receive payments, and for retirees, each…
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Beyond Bingo: Activities at Today’s Senior Communities
“If my mother moves to an assisted living community, she will be safe, well-fed and cared for; but those facts alone don’t mean she will be happy.” These are normal thoughts for people who are considering senior communities for a loved one. After all, even zoo animals are safe, well fed, and cared for. People…
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New Study Ranks Best Cities for Senior Living
A non-partisan think tank has ranked the best cities for successful aging, for adults age 65 to 79 as well as seniors age 80 and up. How does your city measure up? Though there are quite a few lists out there of “best places to retire,” a new study by the Milken Institute is ranking…
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6 Financial Planning Mistakes to Avoid
Dealing with money is difficult. Compound interest, complex interest, addition, subtraction, decimals and dollar signs. Are you already dizzy? I am. The stakes are high, too. In today’s society we need money to secure the most basic essentials—even food, water and shelter. It’s easy to see why planning financially for retirement is so important. Retirement…
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