by Karen Flores, JD A large number of seniors are able to successfully manage living in their own house, apartment, condo, or mobile home for many years. Most senior citizens would prefer to remain living in their home for as long as possible. Being in the familiar surroundings of their home can enhance their quality of life and promote a more positive outlook. Sometimes only … Continue reading Safety in the Home
by Lindsay Felsing, Director of Economic Security Why are older adults the targets of financial exploitation? Reflections on differences between generations and cultural attitudes toward aging The world we live in today is very different than the world in which our elders grew up. Technology advances practically daily. In the age of Facebook, we often replace in-person interaction with the ‘Like’ of a friend’s photo or … Continue reading Blog Series: The Financial Exploitation of our Elders, Culture, and Ageism, Part Two
by Christopher Jackson, JD Staying active throughout life is important, but it becomes even more so as a senior. By continuing to remain active, seniors can help make themselves less susceptible to accidents and preventable injuries, while also increasing their overall wellness. The Centers for Disease Control and Prevention (CDC) have thoroughly documented the benefits of exercising including a reduced risk for diabetes and cardiovascular … Continue reading Seniors & Staying Fit
As pensions continue to grow scarce and Americans are assuming more and more responsibility for their retirement savings, the “online retirement calculator” has become an extremely popular tool that promises to tell you whether or not you are on track for retirement. These calculators, however, do have limitations. The following article, taken from the Wall Street Journal, lays out all of the information you need … Continue reading The Scoop on Retirement Calculators
by Lindsay Felsing, Director of Economic Security Each year hundreds of thousands of older adults face abuse, neglect, and exploitation. People who are older, experiencing health problems, and vulnerable tend to be most at risk of elder abuse. The National Center on Elder Abuse uses six major categories to describe types of elder abuse: physical abuse, sexual abuse, emotional or psychological abuse, neglect, abandonment, and … Continue reading Blog Series: The Financial Exploitation of our Elders, Culture, and Ageism, Part One
by Christopher Jackson, JD Due to decades of accruing good credit and based off their guaranteed incomes from Social Security, many seniors are asked to co-sign for loans by family members. When a loan is co-signed for, both the individual borrowing the money and the co-signer become legally obligated to repay the debt. While most relatives ask a potential co-signer with good intentions and plan … Continue reading Co-signing a Loan – Is It Worth It?
Many seniors who have limited income and assets are not aware that there may be help for them in paying for prescription drug costs. This could be worth a significant amount per year. The Extra Help Program (also called Low Income Subsidy, LIS) helps those who are eligible to pay for a Medicare Part D Prescription Drug Plan and also, in some cases, to help … Continue reading A Program to Help You Pay For Your Prescription Medications