The National Council on Aging reports that more than 16.5 million adults 65 and older experience economic insecurity, with incomes below 200 percent of the federal poverty level. Rising housing and health care bills can burden seniors on fixed, limited incomes. Life insurance is an asset that many older adults have. According to Vital Life, 57 percent of […]
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You may be in need of a medical procedure, such an MRI, or are due to refill a certain prescription medication. And yet you may find yourself having to wait until your insurer approves coverage for it before you can move forward. At a minimum, this process, known as prior authorization, can prove inconvenient. Worst
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The Social Security Administration (SSA) website hosts a wealth of online tools that offer you convenient access to benefits information. To make the most of these tools, simply create a my Social Security account online. It is free to set up a mySSA account. More than 65 million people are currently collecting Social Security benefits. Whether or
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According to the National Institutes of Health (NIH), hearing loss affects one-third of older adults. As difficulty hearing can lead to communication challenges and social withdrawal, it can also increase the risk of dementia. Dementia includes diseases affecting memory, thinking, and the ability to perform daily activities and affects 55 million people worldwide, per the World Health Organization.
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According to AARP, people aged 60 and older owe upwards of $290 billion in student loan debt. Thankfully, many federal student loan borrowers have experienced payment reprieves for the past few years due to multiple payment pauses enacted during the pandemic by the CARES Act and other loan relief efforts. These pauses on making payments for federal student loans
How Changes in the Student Loan Landscape May Affect You Read More »
More Americans are living longer, with the number of people older than 65 projected to increase to more than 80 million by 2040. As this population reaches retirement age, the risk of social isolation substantially increases – along with its negative effects. Keeping older adults socially engaged is an important part of their overall well-being. Older people
Remaining Social Promotes Health in Older Adults Read More »