As the baby boom generation ages, this group will create a so-called silver tsunami--a term used to describe the impact of America's graying population. The silver tsunami (also called the gray wave) should hit the United States in 2035. This is the year the U.S. Census...
The U.S. Department of Health and Human Services estimates that about half (52%) of Americans turning 65 today will require long-term care (LTC) and support services. These options include: independent senior communities; assisted living; continuing care retirement communities; board and care homes; skilled (nursing) care...
Having a conversation with your parents about their financial situation can be an awkward and even a taboo topic. After all, like religion and politics, our culture teaches us from a young age not to discuss someone else's money. However, when it comes to finances,...
No one is ever too old to fall in love. And more Americans are remarrying or living together later in life than ever before. This is due, in large part, to increasing life expectancy. According to data from the Social Security Administration, if a man...