To secure the maximum amount in monthly Social Security retirement benefits, Americans must wait until full retirement age to start receiving their payouts. Results from a 2023 survey show that most of today's workers know about this stipulation - and yet the vast majority say they’re willing to file for their Social Security benefits early anyway.
Although 2024 Medicare premiums are seeing an increase, there are nevertheless a few bright spots. Starting on January 1, 2024, Medicare enrollees may be pleased to hear about several positive changes taking place.
Under a new Medicare Prescription Payment Plan starting in 2025, all Medicare prescription drug plans, including Medicare Advantage plans, will offer enrollees the option to spread out their prescription drug out-of-pocket costs over 12 months.
America has three major housing issues for seniors: affordability, physical accessibility, and access to medical care and other services. There is a need for creative solutions to housing.
As a caregiver, you don't realize how difficult it is until it happens to you. Many people take on this challenge because they love the person they are caring for. In the US, 53 million people have assumed this role and then…
Our lives are becoming more and more technologically advanced with the introduction of the Internet of Medical Things (IoMT). IoMT is helping seniors with their health care needs as well as reducing medical costs. What is the IoMT? The Internet…
In the coming year, the Social Security Administration (SSA) will make important changes to its benefit programs for more than 70 million Americans. Inflation continues to increase daily living costs with higher costs for gasoline, food, utility, rent, and mortgages.…
Many people believe they are prepared for end-of-life care if they have created and signed a living will. Unfortunately, medical professionals misinterpret end-of-life care documents more often than you think. The issue is that medical professionals often have little training…
It can be challenging and emotionally taxing to plan for your future and make long-term decisions regarding your finances. However, it is crucial to wisely manage your assets while aging and provide for the family members who will survive you.…
The number of Americans suffering from Alzheimer’s Disease is high and projected to rise. According to the Alzheimer’s Association, as many as 6.5 million Americans have Alzheimer’s. This number could reach 12.7 million by 2050. The increase in cases is mostly…