Could a CCRC – a continuing care retirement community – be the best of both worlds when it comes to senior living? The answer is, maybe – but there are drawbacks, including high costs, to consider. Aging in place may be the stated desire of the vast majority of...
The term “downsizing” involves much more than a simple housing decision. For most older Americans who elect to downsize in retirement, there’s a significant amount of emotion involved. We were reminded of that important aspect of downsizing as we read this insightful...
The decision regarding when to claim Social Security benefits is a hotly debated topic. But with all the complexities involved, for most it comes down to what seems like a simple choice: do I take a smaller amount as soon as I can, or do I delay gratification for a...
It has been called “the world’s slowest oncoming train.” Congress and the American public have known at least since 2010 that the accelerating retirement of the baby boomers and the decline in the number of workers paying into the system had caused Social Security to...
When it comes to a so-called “claiming strategy” for Social Security benefits, there’s no one-size-fits-all recommendation. The sheer number of variables involved makes this a complex decision. It seems to us that the answer to any question related to the timing of...
The loss of a spouse is one of life’s most profound challenges. Whether it happens suddenly or after a long period of decline, the emotional weight is immense. Amidst this grief, surviving spouses face a demanding list of legal and administrative responsibilities that...
