What to Know About Landlords

A reader requests, "Many retirees opt to sell their homes and rent apartments.  It would be great to see something about dealing effectively with landlords as we age, particularly when it comes to important maintenance and safety issues.  Many owner landlords are reluctant to spend money or manpower on maintenance; and don't always take service requests or complaints submitted by older renters seriously and/or do not respond in a timely manner. And many seniors are reluctant to report or assert themselves for fear of reprisal or confrontational situations. Perhaps this falls somewhere under the "elder law" category?" Drive out rent

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Annuities and Qualifying for Public Benefits

Do you own an annuity? Annuities are a complicated subject and even more so when it comes to their effect on the Medicaid or VA Aid and Attendance application process. How can an annuity impact a person’s ability to qualify for Medicaid or VA benefits in the future? Before I answer the question, let’s start with some basics. Annuities are creditor protected insurance products that guarantee income. A qualified annuity is a financial product that accepts and grows funds. Premiums for qualified annuities are generally paid with pretax dollars, as are any investments purchased for use in a qualified retirement plan. “Qualified” is a descriptor given

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Tips on Saving Money for Retirement

A great question to ask when buying something, especially big ticket items, "Is this the best you can do?" It doesn't hurt to ask. A recent article at Money features Sam Parr, founder of The Hustle, a media company that produces a popular business newsletter, has raised over $1.3 million in funding. Parr credits most of his success to the smart money habits. Save More If you're frugal and shop smart, you can put what you save into a retirement account, don't just leave that extra money sitting in the bank. Put it in a savings account. Aside from saving

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Ways to Adjust to a New City

Are you starting over in a new city where you don't know anyone? Or thinking about making a move? Or maybe you've just moved to an independent living facility and know very few residents. I found an article on Livability and wanted to share a few great tips if you plan to make a move to a new city in the future. A few years back I made a move and glad for it. It was definitely life-changing and, rarely, disappointing - and it's something everyone should do at least once. After the move, it took a while to adjust

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Will My Advance Directive Work In Another State?

Smiling senior lady choosing travel tour with manager

Making sure your end-of-life wishes are followed no matter where you happen to be is important. If you move to a different state or split your time between one or more states, you should make sure your advance directive is valid in all the states you frequent. An advance directive gives instructions on the kind of medical care you would like to receive should you become unable to express your wishes yourself. It often designates someone to make medical decisions for you. Each state has its own laws setting forth requirements for valid advance directives and health care proxies. For

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Aging: Help Planning for Your Future

Aging: Help Planning for Your Future

Aging happens naturally, but aging well takes careful planning. Take steps to ensure that your financial, living, and medical needs are met in old age. When thinking about the elderly years and how they will play out usually starts after caregiving. It's when people understand the difficulties of growing older. Some see their parents deal with heart problems while others confront dementia and Alzheimer's disease. Observing decline is heart-wrenching. Caregivers feel parents are invincible but soon find out the contrary. What families learn about growing older is that getting organized and prepared for the golden years will help them the

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Why Seniors Are the Best Age for Studying and Discovering the World

Senior couple using a city map for location in the town

Transitioning from the 50s to the 60s and 70s is one of the most beautiful and important time periods or our life. That’s because this is when we take the time to look within and discover what’s been lying there, undiscovered, for such a long time. Our hectic daily lives can distract us from understanding what truly matters, so we might not be able to enjoy ourselves, have alone, quiet time, or pursue our passion until this transition. While this is quite sad, most people would agree it’s true. Indeed, starting to do all the above from a young age

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Benefits of Living in an Active Adult Community

Today’s seniors could discover an active adult community is exactly what they’ve been missing. Offering an ideal environment for retirees seeking a low-maintenance, but still active lifestyle. Many senior communities have resort-like advantages for residents. As retirement nears closer, many people wonder what benefits come from leaving their pre-retirement home. Exploring an active adult community is a great start. The number of seniors looking for an adult community across the country is on the rise. This could be the cause for the more recent increase in such communities. Sometimes a retiree prefers to live in a more comfortable climate or

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Moving Aging Parents into Your House

Granddaughter Visiting Grandparents In Lounge Of Retirement Home

Are you considering moving an aging parent into your home? For some, moving parents into an adult child’s home is an optimal solution for everyone involved, but there are things to keep in mind to secure a smooth transition. Benefits of Living with Your Elderly Parents Some families find living with multiple generations is beneficial for everyone. For an aging parent, it can help to decrease feelings of isolation. And adult children can welcome the support of another adult while raising their own young children. Even if you are looking forward to transitioning your parents from their own home into

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