Tag: financial retirement planning

Financial Ruin Possible for Seniors with Dementia

A new study asserts that If seniors have to pay a higher portion of their medical costs, it could lead to their financial ruin, especially if they have dementia.åÊ There is no doubt that healthcare costs are rising and the public has to shoulder more of the burden. Various Medicare...

read more

Retirees Not Realistic in Planning for Possibility of Long-Term Care

Getty Images, Rosemary Calver In a recent survey from the Society of Actuaries respondents were asked about the changing nature of healthcare delivery and the ability to pay for long-term care. Though 93% said that pursuing a healthy lifestyle is their primary risk-management strategy, the report suggests that this is...

read more

Plan for the Unexpected – Have a Flexible Retirement Plan

The Met Life Mature Market Institute and the Scripps Gerontology Center recently published a report, Best Case Strategies for a Flexible Retirement. This study examined retirement-related thinking, experiences, and behaviors in the face of the unexpected, combining two methods: 50 in-depth interviews with individuals and couples (approximately half recently retired...

read more