Age >65

65 and Up - The Retireds

Chris-car0005 Think twice about retiring. One way of doing this is to take a two month leave of absence if your company allows it. See how things go at home. Most men and women have no idea what it is like not to have a job to go to. The warning sign is the ever increasing rate of divorce in this age group. As my wife once said, "I married you for better or worse, but not from 8 to 5".

Check out a new community before you buy a retirement home. It is smart to rent for a year of so before you buy. That way you will have time to see if you want to be closer (or further) from the grandchildren. Can you afford to live there? How is the climate, setting, attractions? The risk of losing money on the sale of a house that is owned for only a short period of time is generally greater than the possible appeciation in the home.

You need to preserve your assets and prevent them from losing value to inflation. This is a time in life to watch out for scams. Many retirees are duped because they are trying to make up in a few years what they failed to do over a lifetime. Be cautious about who you trust. If wives have not been involved in finances now, is the time to become acquainted.

A great gift that a husband can do for his wife is to write out what he would have his wife do if he were no longer in the picture. A check list works well. E-mail me and I will send you a copy of one that I use.

Helpful Links

Retirement Living Information Center (The Gateway to Resources for Senior Living)

TITLE: Long Term Care Insurance Free Comparison Quotes and Research Center

DESCRIPTION: Tips, tools, traps and tricks exposed for winning the insurance game now. Trusted public service decision assistance thru Buyers Advocates sponsored by the National Advisory Council since 1995. http://www.longtermcareinsurance.org

Long Term Care Insurance Rate Reporter - Insider Secrets

DESCRIPTION: Long term care insurance strategies, companies & rates compared as a public service for buyers. Personal guidance sponsored by the National Advisory Council's Buyers Advocate Outreach. http://www.prepsmart.com

Aging Parents and Elder Care
Providing care for our aging parents or elder spouse can often be very frustrating, with new surprises almost every day. Whether you care for aging parents in your home, or manage elder care plans from a distance, most of us don't know where to go for reliable answers ... or even what questions to ask. Here's help. http://www.aging-parents-and-elder-care.com/index.html

... for the best years of your life

If you've already retired ... preparing for retirement ... or just thinking about it, Today's Seniors has solutions to help simplify your life ... to get the most out of retirement ... and eliminate the hassles. You'll find reliable information about a wide range of topics such as:http://www.a-guide-for-seniors.com/

AARP State-by-State Guide to Nursing Home Performance Data

Nursing Home Evaluation Checklist

Check out MetLife's survey for average costs of nursing homes and home care in many cities around the country. (Also, see MetLife's report on assisted living.)

H.E.L.P. Helping People Meet Aging - Related Legal and Care Challenges. (http://www.help4srs.org/)

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