Money

For those of us lucky enough to have insurance coverage for medication costs, we assume that no matter what our co-pay, we must be saving money over the “actual” cost of the medications. But it turns out that may not be a correct assumption. Reporter Susan Jaffe, in a post…

It’s never easy to live in today’s world if you don’t have enough money. Couple the challenges of being impoverished with the realities of being a senior, and the consequences multiply- sometimes with life-altering impact. Take, for example, a new study out of University College of London and just published…

There’s no doubt that, as both individuals and a society more broadly, we’re all struggling with the balance between aging, work and retirement. For some, money complicates the picture. For others, loss of the social connections from work leaves them re-thinking retirement. In fact, there is now a trend called “unretirement,”…

In a recent Gallup survey of Americans about retirement concerns, one thing stands out pretty clearly: for those who have yet to retire, concern about outliving your money looms large. Those already retired are more optimistic about having sufficient funds to keep them going but for those thinking about retiring, there…

How many times have you heard this story: an older person, usually cautious in life, has somehow been conned into sending money to some far-flung place. Maybe it’s even happened to you or your loved ones. How to explain this vulnerability to being scammed in otherwise smart, careful people? Well,…

They say that money can’t buy you love- but what about a longer life? Those with significant financial resources may be able to obtain the health care and supports needed to increase life expectancy, and thus create the latest arena of inequality. According to Bloomberg, longevity inequality is the successor to…