In a recent study, 82% of pre-retirees didn’t know that the age they begin drawing their Social Security benefits affected the amount in their monthly payments. The Consumer Financial Protection Bureau (CFPB) wants to make sure you aren’t a part of that statistic. Consider these five tips from the CFPB to help you plan ahead …
Category: Finance and Planning
Although anyone can become a victim of financial fraud (deceptive sales and marketing tactics), predators frequently target senior citizens because they are trusting, often live alone and may have reduced cognitive function as part of the aging process. A recent study reveals the problem of senior financial fraud is at an all-time high. Fraud on …
The good news is: seniors today have many retirement community options to choose from. The bad news is: seniors today have many retirement community options to choose from. In other words, some people are so overwhelmed by the quantity and variety of choices they are unable to move forward. This blog is intended to provide …
Many seniors who own their home (and are therefore free of mortgage payments) believe their cost of living is lower than it would be at a senior living community. However, when you do the math and make an item-by-item comparison, the expenses are often nearly the same and in some cases, the cost of living …
One of the biggest questions and possible misconceptions about moving to a retirement community is what it will cost. It may be surprising to seniors when, in some cases, their living expenses in a retirement community are actually less on a monthly basis than their current living costs. A resident at Meth-Wick doesn’t invest in …
You’ve begun to ask yourself if it’s time to downsize. But moving into a retirement community is out of the question because you can still take care of yourself. You start looking at condos and townhomes. Before you make any final decisions, here are some important things to consider. LeadingAge.com published an article touching …
When turning to the internet for information on senior living options, hundreds of websites and links appear shortly after typing in your desired search. How do you choose the right link? Is all the information out there correct? This is the age of technology, and turning to the internet for facts, resources, and information, is …
When we think about moving, many emotions, questions, and thoughts arise. The thought of moving into a continuing care retirement community (CCRC) is no different. Some questions that you might have are: Is it the right time? Is it the right style of living? Am I making the right decision? All of these questions are …
The new year calls for some new things happening around The Meth-Wick Community. Welcome and thank you for checking out the official “first” blog post from Meth-Wick. Like most of you, we wanted to start something new this year, and you have ventured upon just that, our blog! The overall purpose of this space is …