“Don’t spend your old age pinching pennies!” That’s The Wall Street Journal’s plea to aging Americans for whom retirement is coming into view on the horizon. But for many people, pinching pennies will be their only option. Why? Two reasons: Lack of planning and lack of savings. Retirement, like old age itself, sneaks up on[...]
We hear a lot about the “new old age.” As advances in medical science allow people to live longer than ever — and healthily so — we’ve all had to reorient the way we think about “old.” https://gty.im/96614775 Many of today’s elderly can work and run and even revel with the best (and youngest) of them…[...]
A recent survey of United States Veterans has revealed that many veterans are losing out on Social Security benefits. As a recent article explains, the problems seem to be that veterans do not know how to access an estimation of their social security benefits, and do not understand the impact of taking benefits early or[...]
In the coming years, experts predict that the demand for estate planning services and expertise will be greater than ever. As a recent article points out, the nation’s aging baby boomers are currently entering the retirement phase of their life. This “silver tsunami” is increasing the need for retirement and estate planning. American’s senior citizens[...]
Many grandparents desire to help their grandchildren financially, however the weak economy and job market has put many grandchildren in a situation where they need more than their grandparents can realistically give. According to a recent report in The Wall Street Journal, grandparents who are making financial gifts to grandchildren while living off their savings[...]