Alzheimer’s and Money Matters: When to Step In

Monitoring Finances Is One Way to Care
Caring for Loved Ones Takes Many Forms Alzheimer's is a form of dementia that affects memory and greatly impacts quality of life. For those with a parent or grandparent who has the disease, it can affect what they do and the decisions they make, especially with money. Alzheimer's patients may not notice subtle bouts of memory loss or strange behavior,...

Benefits of Utilizing Schedule R When Filing Taxes

Benefits of Utilizing Schedule R When Filing Taxes
The Credit That Could Reduce Your Income Tax There is a tax credit available to adults over the age of 65 that can reduce their federal income tax obligations, but many don’t know about it. The Credit for the Elderly and the Disabled is available to seniors who meet a set of criteria, including age, disability status and income. Taxpayers should...

Does a Debt-Free Retirement Appeal to You?

Best Thing About Retiring in a College Town
5 Things to Do Right Now for a Debt Free Retirement Lots of people have thoughts of the ideal retirement in the back of their minds. Being able to save enough to live comfortably can be important for a peaceful and prosperous future. Whether you have several years until retirement or you’re already there, if you haven’t already, today is...

How to Know if Home Health or Assisted Living is The Best Choice

Home Health Care or Assisted Living?
Smart Quiz: What Is the Main Advantage of Home Health Care Over Assisted Living? Independence Individualized Care Convenience Total Costs Answer: Independence If you or your loved one struggles with basic self-care throughout the day, it’s important to find help. With everything from personal hygiene to remembering when to take medications, one thing’s certain, remaining as independent as possible while getting...

What Do You Want to Do In Retirement?

What Do You Want to Do In Retirement?
Smart Quiz: What Do You Want to Do In Retirement? An Annual Cruise Time With Grandkids Explore Wineries Limitless Golfing Answer: An Annual Cruise Retirement (hopefully) means relaxation, personal enjoyment, and plenty of free time. It’s also one of the best times to self-indulge in activities and opportunities you may not have had access to throughout your working years. It’s...

How Is the Most Retirement Free Time Spent in the US?

How Is the Most Retirement Free Time Spent in the US?
Smart Quiz: How Is the Most Retirement Free Time Spent in the US? Crafting Projects Sleeping and Watching TV Volunteering Time Socializing Activities Answer: Sleeping and Watching TV Are you getting ready to retire or know someone who is? Millions of Americans are at or near retirement age and are planning to use their free time to enjoy a well-deserved break...

Considering Taking Social Security Early? Read This First

Considering Taking Social Security Early? Read This First
Social security provides seniors with an income so they no longer have to work. While many wait until the true retirement age, which is between 65 and 67 (depending on your birth year), to claim the money, some people choose to tap into it early so they can start their retirement a little sooner. If you’re considering taking your...

Why Pet-Sitting is the Purrfect Job for Older Adults

Why Pet-Sitting is the Purrfect Job for Older Adults
Seniors looking to make some extra cash should give pet-sitting a try. Not only is it a simple way to earn money, but it also has numerous health and wellness-related benefits as well. It’s the purrfect job for older adults who enjoy the company of animals. Companionship Many older adults are left alone with no one to keep them company. Pets...

Confronting the Shortfall of Retirement Savings

Confronting the Shortfall of Retirement Savings
Retirement savings once allowed Americans to have money to fall back on once they reached retirement age. You paid money into your savings or 401K with each check and the company matched your amount, leaving you with plenty of cash to retire on once the time came. This savings plan has gone out the window for many people, with...

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Why Are Allergies More Dangerous for Seniors?

How Health Complications Add to the Woe That Is Allergy Season Spring is the prime time for pollinating plants and trees to trigger common allergy...