Wednesday, February 3, 2016

Senior Living Communities for Baby Boomers



Senior living communities have many activities, today.
Occasionally, I allow retirement experts in specific fields to write a guest post for this blog, if I believe it is on a topic that would be of interest to Baby Boomers … either those who have already retired or those who are planning to retire.

The guest post below was provided by Jacqueline Hatch of Seniorly and deals with the ways in which senior living communities are changing so they will be more attractive to Baby Boomers as we age.   Seniorly helps match retirees with senior housing in California, but the information Jacqueline provides in this post applies to similar communities throughout the United States.

Whether we like to think about it or not, most of us will eventually need to spend a portion of our lives in an independent living retirement community, an assisted living facility or a skilled nursing home.  Many of us may have preconceived opinions about these types of living arrangements, especially if our parents or grandparents have lived in one.  However, Baby Boomers will be pleased to know that many of these types of residences have improved dramatically over the past few years.  The guest post below discusses some of the improvements you might expect to see in one of today’s senior living communities.  It also explains how you can find more information about living options in California, if that is where you want to retire.

Senior Living Communities Change to Appeal to Baby Boomers
by Jacqueline Hatch

Baby boomers entering retirement age have a different set of expectations when it comes to considering residency at assisted living, independent living, and skilled nursing communities. To meet these specific needs and preferences, communities are now transforming to improve their offerings, making their homes more marketable to a younger demographic.

Senior housing providers are looking to rebrand in order to highlight their full continuum of care, going beyond basic needs such as health care to offer more to their residents. It’s not uncommon for these communities to offer art and music classes, film nights, community outreach options, lifelong learning programs and even happy hours for the enjoyment of community residents.

After all, one of the greatest benefits of living in a care community is the socialization aspect. In their effort to attract boomers, communities are working to highlight the aspects of their programs that support socialization. Communal dining options, fitness classes and philanthropy opportunities all appeal to younger folks who want to remain happy, active and engaged as they age.

Our friends at Seniorly.com share articles and blogposts on the topics of aging, health care and fitness for older adults.


Do you need to find senior housing for yourself or a loved one? Make the search process easier by signing up with Seniorly for free; you’ll get access to local community profiles, as well as a friendly customer support team and information on pricing and availability.

*****

Are you looking for additional information on where to retire in the U.S. or abroad, financial planning, common medical issues, Social Security, Medicare or more, use the tabs or pull down menu at the top of the page to find links to hundreds of additional articles.

You are reading from the blog:  http://www.baby-boomer-retirement.com

Photo credit:  morguefile.com

Wednesday, January 27, 2016

New and Expanded Medicare Programs


Beginning in early 2016, Medicare has announced several new and expanded programs which could benefit millions of Americans.  This information is based on a longer article by Deb Jones, "Changes in Medicare for 2016 Include Expansion of Coordinated Care."  Readers can find links to the full article at the end of this post.

First, however, you will find an introduction to the 2016 changes.  If you need more information, you are encouraged to check out the full article which was originally published in The Daily Voice News.

The first change will be an increase in the number of Accountable Care Organizations (ACOs).  Medicare has been experimenting with this approach for several years and discovered that it has improved outcomes and saves money ... certainly the direction we all want to see Medicare going.  This new type of coordinated care will be expanded to include over 20 percent of all Medicare beneficiaries.

In the second change, Medicare has agreed to pay doctors to discuss Advance Directives with their patients.  This will allow people to have an in-depth discussion with their physician about end-of-life decisions.  In my personal experience, my HMO has classes to help patients go through their Advance Directive so they can decide for themselves what type of care they want at the end of their life, should they not be able to communicate their wishes when they are near death.  Advance Directives take pressure off family members who do not want to be responsible for making these final decisions.  In addition, Advance Directives allow people to think about and convey their wishes long before the time comes.

The third Medicare change would allow more people to receive some types of curative treatments while they are in hospice care.  Currently, patients cannot be in hospice care and undergoing any curative treatments other than palliative care, which is only intended to keep the patient comfortable during the last weeks or months of their life. This trial program is still in an experimental stage and may not be available in all locations.

Finally, Medicare is initiating a trial of a 90-day comprehensive treatment program for people undergoing joint replacement surgeries


Below is the introduction to a more detailed article about these Medicare changes.  For more information about any of the programs mentioned above, click on the title of the article or use the link below the Table of Contents:

"Changes in Medicare for 2016 Include Expansion of Coordinated Care"

As Medicare in the United States begins its 51st year, there are a number of changes of interest regarding Accountable Care Organizations (ACOs), counseling regarding end-of-life decisions and trial changes in areas such as hospice care and joint replacements.

1. Coordinated Care Expands to Encompass More than 20 Percent of all Medicare Beneficiaries
2. Medicare to Pay for Annual Voluntary Advance Directive Consultations
3. Medicare Begins Evaluating Hospice Care that Includes Curative Services

4. Medicare to Evaluate Trial of 90-Day Care for Joint Replacement Surgeries
The above intro was re-printed by permission from the author.  Read the full article at:


You are reading from the blog:  http://www.baby-boomer-retirement.com

If you are interested in learning more about Social Security & Medicare, common medical issues, where to retire, financial planning and more, use the tabs or pull-down menu at the top of the page for links to hundreds of additional articles.

Photo credit courtesy of @MedicareGov (Medicare.gov Twitter account)

Thursday, January 21, 2016

Guide For When Someone Dies

Whether it is a parent, spouse or another close family member, when someone close to you dies it can be a very overwhelming and confusing time for those who are left behind.  Because of that, it can be helpful to have a simple set of checklists that cover most of the things you will need to do to get through the first few days.

While nothing can make it easier to survive the trauma of a death, it can at least be reassuring to have a list of the specific tasks you need to complete.  The information in this post was provided by a local mortuary and, although the list is lengthy, I thought it was worth summarizing here.

Who You Should Notify When Someone Dies (Some Should be Notified Immediately; You Can Wait a Few Days for Others)

If it happens at home, call the deceased's doctor and/or the coroner
Contact the next of kin; try not to leave anyone out
Friends
Employer, if they are still working
Landlord, if they are renting
Utility companies
Attorney, accountant, banker
Executor of the estate
Tell Social Security to stop payments
Department of Veteran's Affairs, if appropriate
Insurance agents
Church or place of worship
Clubs and organizations

How to Make Funeral Arrangements

Contact funeral home or mortuary
Choose clothing for the deceased
Select clergy or officiates
Write obituary and submit to newspaper
Plan service - clergy, eulogy, music, etc.
Order death certificates - You will need several

Information Needed for Your Funeral Home Appointment

Birth date and birthplace of deceased
Citizenship status
Religious name (if any)
Social Security Number
Parent's names and birthplaces
Education
Occupation and Title
Marital Status
Veteran's discharge papers or claim number
Recent Photo
Pre-arrangement paperwork
Cemetery Lot information

Other Documents You Will Need

Will and Trust documents
Social Security card or number
Marriage license
Citizenship papers
Disability and pension claims
Veteran's discharge certificate (DD214)
Safe Deposit box information

Check On the Following Possible Benefits Heirs May Receive

Life and casualty insurance
Social Security
Benefits from unions, fraternities, military
Employee benefits including owed vacation pay, death benefits, retirement plans, and final wages
Debt cancellation on credit card balances
Refunds on insurance or cancelled subscriptions and services

Final Expenses to Anticipate

Funeral services
Casket, vault, burial plot, mausoleum or niche; or cremation
Florist, musician, clergy
Transportation for family and relatives to services
Reception food for guests
Debts or final bills of the deceased
Any additional fees

While this is a lengthy list, when the time comes and you are responsible for handling the death of a relative, it is a list you will want to have handy.  You may want to print out a few copies and keep them with your will and other documents.

Source:  This checklist is based on one provided by Fairhaven Memorial Park & Mortuary in Orange County, California and published in the 2015 edition of "Answers," which is published by the Council on Aging.

If you are interested in additional helpful information about funeral planning, financial planning, medical issues, where to retire or changing family relationships, use the tabs or pull down menu at the top of the page to find links to hundreds of additional articles.

You are reading from the blog:  http://www.baby-boomer-retirement.com

Photo credit:  Morguefile.com

Wednesday, January 13, 2016

How to Overcome Resistance to Assisted Living and Find a Wonderful Living Arrangement

According to the estimates of experts, approximately 70% of people over the age of 65 will need to live in an assisted living or skilled nursing facility at some time in their life.  Your stay could be just a few weeks while you rehabilitate from an injury, or it could last for the last decade or longer of your life.

Many modern assisted living facilities are wonderful places to call home.  They offer chef prepared meals, usually with a variety of choices available.  They also provide transportation, entertainment, plenty of activities, friendships, and a comfortable, safe place to live.  Many of them offer private apartments or individual rooms which you can furnish with your own things and decorate as you wish. Even when the residents share a room, they can still bring in a few of their own favorite furnishings, photographs and artwork.  Each person receives whatever care they need and they are allowed to be as self-sufficient as they are able to be.

However, despite all the advantages of moving into one of these facilities, large numbers of people resist the idea of moving into assisted living, even when it is obvious to family members that their loved one desperately needs help.  Here are some of the objections often put forth by senior citizens, followed by some ways to get past them, whether you are discussing this issue with a spouse or an aging parent.

Objections to Assisted Living

*  Resistance to moving anywhere new ... away from friends, familiar places, your current doctors, place of worship, etc.

*  Fear that you will have to give up your "bad" habits ... smoking, drinking your favorite alcoholic beverages, sleeping late, gambling, eating candy or whatever else you like to do and don't want to give up.

*  Fear that you will have to give up your pet.

*  Fear of the unknown.

Overcoming the Objections to Assisted Living

*  In most parts of the country you can find assisted living facilities that are either in your current neighborhood or that are near family members who can check on you frequently and take you places.  The sooner you decide to move into one, the more input you will have in helping with the process of finding one that you will like, with the types of nearby activities that interest you.  In some cases, churches can arrange transportation that will make it possible for you to continue to attend their services.  In other situations, the assisted living facility can arrange the transportation to a nearby place of worship.

*  Many assisted living facilities have no problem if you want to have a cocktail, a bottle of beer or a glass of wine with your dinner.  While they may send someone to check on you if you unexpectedly miss a meal, most of them will allow you a lot of personal freedom in your own private room or apartment.  Many of them also plan outings to local casinos, shopping malls, etc., so you will still be able to enjoy many of the same types of treats and activities that you have always enjoyed. These are issues you can work out by asking a lot of questions before you move into one.  If you have a "bad" habit you do not want to give up at this point in your life, ask what the facility's policy is regarding that habit.  I have a friend who likes to drink champagne with her dinner.  The waiter at her assisted living facility opens a bottle for her every evening.  She said she never feels "judged."  Keep searching until you find a place where you feel confident you will be comfortable and happy.  This is one more reason why you want to take an active role in finding your own assisted living facility.  You do not want to wait until you are so ill that someone else has to choose the place for you.

*  While most skilled nursing facilities will not let you bring your pets, there are many assisted living facilities which are pet friendly. That is one difference between skilled nursing facilities and assisted living communities. This fear can be quickly resolved with a few quick phone calls.  Some placement companies like A Place for Mom or Nursing Home Solutions (in California) can help you quickly narrow down your choices.

*  The best way to overcome a fear of the unknown is to take your time visiting a variety of assisted living facilities, long before the need becomes critical.   You or a family member should keep a notebook with details about each location ... the cost, the amenities, whether or not it is pet friendly, whether or not you can enjoy your favorite activities, whether you can get transportation to your church or other important events you wish to attend.  Visiting assisted living facilities is also a wonderful way to discover all the positive things they have to offer ... security, good food, friends and activities.  After seeing a few, you may find the one that is perfect for you!

*  You may also want to consider the risks of living alone, especially as your health fails.  When an elderly person falls, it frequently leads to death, especially if no one is around to get them help quickly.  In addition, people who live alone and eat their meals alone often become depressed and decline in health much more rapidly than people who live in more social settings. 



Learn More About Moving Into Assisted Living:

http://www.aplaceformom.com/senior-care-resources/articles/moving-elderly-parents

http://www.assistedseniorliving.net/caregiving/resistance-to-change/

http://www.agingcare.com/Articles/convincing-parent-assisted-living-142136.htm

If you are interested in learning more about aging and retirement, including where to retire, use the tabs at the top of this page.  They contain links to hundreds of additional, helpful articles.

You are reading from the blog:  http://www.baby-boomer-retirement.com

Photo credit: morguefile.com


Tuesday, January 5, 2016

Social Security & Medicare Information

In the past, this blog has linked the articles that pertain to Social Security and Medicare under the Retirement Money or Medical Concerns tabs.  However, making decisions about Social Security and Medicare has become so complicated that it has become apparent they deserve a category of their own.

Many people believe that all they need to do is sign up for Social Security sometime after the age of 62 and Medicare once they turn 65 and there is very little they need to think about in making these decisions.  However, if people want to get the most money possible from Social Security and spend the least amount of money while getting the maximum benefits from their Medicare, they need to do some planning BEFORE they ever sign up for either program.

Below you will find links to a group of articles that you will want to read and think about as you get close to your retirement age.  In addition, I want to mention that the rules regarding these programs, and the costs involved with Medicare, change nearly every year.  It is important to make sure you get the latest information possible before you make any final decisions.

Article Links for Information about Social Security and Medicare

**  Our Medicare Expert Will Answer Your Questions  **

2015 Medicare Changes, Premiums and Deductibles (2015)

2016 Social Security Increase Ridiculously Low

2018 Social Security COLA and Medicare Premium Increases

Annual Medicare Open Enrollment Period 

Common Medicare Mistakes

Confusing Parts of Medicare  

Covid-19 will Lower Social Security Benefits for People Born in 1960 

Electronic Social Security Payments Only Option Since 2013

Guide for When Someone Dies (who to contact) 

How to Access Your Social Security Information Online

How to Collect Social Security and Retire Overseas 

Hopeful News for the Future of Medicare

How to Fix Medicare (read above article, as well)

How to Sign Up for Medicare

Important Medicare Tips for Boomers

Living on Social Security in the U.S. 

Maximize Your Social Security Benefits for an Easier Retirement 




Should You Change Your Medicare Plan?  What to Consider  

Should You Get a Medicare Advantage Plan with Your Medicare? 

Should You Get Medigap Supplemental Insurance with Your Medicare? 

Social Security and Remarriage

Social Security at Age 70 Maximizes Future Income 

Social Security Benefit Changes (2016) 

Social Security Changes in 2019

Social Security Cost of Living Increases Under a Chained CPI

Social Security: Facts Everyone Should Know

Social Security Myths and Misunderstandings 

 Vote to Lower Medicare Prescription Drug Prices 

What Medicare Does NOT Cover

What is the Average Amount of Social Security? 

When to Take Social Security Benefits Early 

Where to Retire in the U.S. on Social Security Alone

Women and Social Security

This article contains links only to articles that pertain to Social Security, Medicare and other assistance programs that are available to support you financially or cover your medical expenses once you reach retirement age.

In addition, you will want to read the additional articles in this blog that discuss where to retire, common medical issues, financial planning, changing family relationships and more.  Use the tabs or pull down menus at the top of this blog to find links to these blog articles.

You are reading from the blog:  http://www.baby-boomer-retirement.com

Photo credit:  Morguefile.com  

Tuesday, December 29, 2015

Most Popular Retirement Stories of 2015

Each year I compile a list of the most popular retirement articles on this blog for that year.  These are the individual articles that were read by hundreds or even thousands of people.  By listing them here, it gives readers the opportunity to make sure they did not miss one that would be particularly helpful to them.

Whether you are looking for the most important stories on where to retire, serious health issues or financial planning, these are the articles that attracted the most interest in 2015.

Here is your opportunity to go back and re-read the ones that you might find useful.

Popular Articles from 2015 

How to Have a Happy Marriage After Retirement - We all want to have a happy marriage.  However, when both a husband and wife retire and go from leading independent lives to being together nearly 24 hours a day, a great deal of stress can be put on the relationship.  No wonder this was the most popular retirement story of 2015.

Senior Discounts You Will Love! - We all want to save money, especially when we are living on a fixed income.  Learn how to take advantage of senior discounts, no matter where you live.

Why Millennials Resent Baby Boomers - Many Baby Boomers wonder why they have an uncomfortable relationship with the young adults in their lives.  This article will be very eye-opening and could help you engage in productive conversations with them.

The Baby Boomer Body Maintenance Plan - Most Baby Boomers want to stay healthy as long as they can.  This maintenance plan contains some of the information you will need to take care of yourself.

Free Tax Preparation Help - Did you know that most low and middle income U.S. senior citizens are qualified to receive free tax preparation help?  This article explains how to access this service in your own community.

Where to Retire in the U.S. on Social Security Alone - It is no secret that some parts of the U.S. are much more affordable than others.  If you are going to live on the average amount of Social Security in the U.S., then you need to know the locations where you can afford to live the most comfortably.  This article will help you choose the right place for you.

TIA Mini Strokes - Transient Ischemic Attacks - A surprising number of people experience a TIA each year.  Unfortunately, they can also lead to more serious problems.  Learn how to recognize the symptoms so you can get treated as soon as possible.

How to Prevent Colon Cancer - Did you know that the vast majority of colon cancers could be prevented?  Sadly, far too many people do not take the simple preventive measures that could save their lives.  Once you read this, there will be no more excuses.

Affordable California Coastal Retirement Communities - Have you ever dreamed of retiring somewhere along the coast of California? While most of the well-know beach communities are far out of reach of the average person, there are small towns near the coast where people could rent or buy a place to live at prices that are comparable to other parts of the U.S.  Check out this list.  Perhaps one of them could work for you.

Health Benefits of Holiday - We all know that there are dangers from the holidays ... eating too much, gaining weight, money worries and stress.  However, did you also know there are also health benefits?  Sometimes it is good to focus on the positive.

How to Draw Down Retirement Assets - If you are about to retire, how much money can you afford to take from your retirement savings each year and still feel confident your assets will last the rest of your life?  This article will help you make those calculations.

Loneliness and Isolation During Retirement - One of the most serious problems for retirees is that a large percentage of them become lonely and isolated.  However, it doesn't have to be that way.  There are ways to stay active and involved all over the United States.  This article will help you find the help you need and activities you will enjoy.

Update on the UCI 90+ Study at Laguna Woods Village - For over 30 years, the University of California in Irvine has been studying a group of retirees who live in the nearby retirement community of Laguna Woods Village. Some of those people have lived to be in their 90s or even over 100 years old. Why did some people live longer than the others?  Which ones got dementia and which ones kept their memories?  Are there steps you can take to increase the changes that you will be able to live to your 90s and be free of dementia?  Learn more about their research in this article.



If you are interested in learning more about where to retire, financial planning, common medical issues and changing family relationships, use the tabs or pull down menu at the top of the page to find links to hundreds of additional articles.

You are reading from the blog:  http://www.baby-boomer-retirement.com

Photo courtesy of morguefile.com.



Tuesday, December 22, 2015

Health Benefits of Holidays

We have all heard about how the holidays can wreck our health ... overeating, gaining weight, drinking too much, forgetting to exercise, becoming exhausted or stressed and financial worry.  Knowing all this is enough to make us want to skip the holidays completely.

This is why I was delighted to learn that there are also some health benefits of holidays.  Perhaps we would enjoy this period of time more if we could just focus on the benefits and do what we can to minimize the risks.

Below are some ways you can fully enjoy the health benefits of holidays. 

Giving Really is Better Than Receiving

We all like to get presents.  Did you know that it also makes us feel just as good to give a present as it does to receive one?  In fact, many people feel better when they give someone a gift than when they receive one.  Of course, you do not want to overdo it and add to your financial worries.  However, when we focus on giving and helping others during the holidays, we really will feel better about ourselves.

Give the Gift of an Experience

Not all gifts need to be something that comes in a box or bag.  Why not give the gift of a trip, lessons, an evening at the theater or some other experience gift ... especially if it is something you can share with the recipient?  According to a 2014 Cornell study, people who anticipate an experience are happier than those who purchase an item.

Shopping Burns Calories

Is there any other time of the year when you find yourself walking through shops and malls more than you do during the weeks before Christmas and other gift giving holidays?  You burn between 200 and 300 calories every hour you spend mall walking.  Even if you do not do much shopping, it can help you to get out of the house and do some window shopping.  The holiday decorations and music will lift your spirits and you will burn calories at the same time!

Singing Holiday Songs is Calming

Did you know that singing can reduce your stress hormones and boost your natural oxytocin ... also known as the love hormone?  Singing also slows your breathing in a way similar to what happens when you practice yoga.  Even if you just softly sing along to the music in the grocery store or mall, you will feel good.

Some Holiday Treats are Healthy

As reported in other articles in this blog, one tablespoon of cocoa a day can lower your LDL cholesterol and blood pressure.  It also improves your cognitive function and contributes to a healthy blood flow.

Another treat that can help you is peppermint.  It reduces inflammation in the colon, although the amount in a candy cane may not be enough to accomplish this.  However, just sniffing a candy cane can reduce food cravings and cut the amount of calories you eat!

The Holidays Can Bring Out Feelings of Gratitude

Do you send out holiday notes or cards?  If so, consider mentioning the reasons you feel grateful for the year that has just passed.  People who jot down the reasons they are grateful tend to be more optimistic.  Some studies report that grateful people exercise more and see their doctors less.

Enjoy the Health Benefits of Holidays

Like many other health issues, your attitude can make all the difference.  Focus on the good aspects of the holidays, make sure you eat right, exercise and get plenty of rest.  Enjoy new experiences. Give fun gifts you can afford.  Sing.  Be grateful for anything good in your life.

Do these things and you truly will get the most out of the holidays.

Are you interested in learning more about improving your health as you age or other aspects of retirement planning?  If so, use the tabs or pull down menu at the top of the page to find links to hundreds of additional helpful articles!

You are reading from the blog:  http://www.baby-boomer-retirement.com

Photo credit:  Photo of mall taken by author, Deborah-Diane.  All rights reserved.

Source:  "Why Holidays Are Healthier than You Think," Reader's Digest, Dec. 2014/Jan. 2015

Tuesday, December 15, 2015

How to Cope with Arthritis Pain

It seems that everyone I know in the Baby Boomer age group is dealing with sore knees, painful hands, irritated shoulders or other stiff joints.  Although arthritis may be a common part of the aging process, there is no reason to allow it to define who you are or to let it completely restrict your activities.  With a few modifications, most people can continue to enjoy everything they like to do.

Of course, if you suffer from arthritis and you are feeling stiff and sore, you may not feel like doing much of anything.  This is a poor decision.  Instead, if you want to continue to be active and busy, you need to learn how to cope with arthritis.

How to Cope with Arthritis Pain

While most people with arthritis may experience pain, stiffness and discomfort, there are several things they can do to ease that pain.

* Use the medications your doctor prescribes or suggests.  Your physician may recommend an over-the-counter medication such as a low dose of Tylenol or Aleve.  In more extreme cases, you may need to take a prescription medication.  You may have to try several different medications before you find the one that works best for you.  Don't give up until you find something that eases your discomfort so you can remain active.

Experiment with supplements that help some people with arthritis pain.  Among the supplements you may want to try, with your doctor's approval, are glucosamine combined with chondroitin or MSM.  Other people have been helped by taking fish oil, faxseed oil, and/or avocado/soybean oil.  Make sure your doctor knows what you are taking, so nothing you take conflicts with what they prescribe. With your physician's approval, however, you may find something that eases your stiffness.

Stay as active as possible.  You will become more flexible and have less pain if you participate in low-impact exercises such as yoga, walking, Tao Chi and water exercises.  Start gradually so you do not do too much too soon.  Make sure you do something for exercise every day.  It is also a good idea to break your exercise up into small pieces.  Strive to get a total of at least 40 minutes of exercise a day, but it can be broken into two or three sessions that are 15 to 20 minutes long.

Lose weight.  Each time you lose one pound, you will take four pounds of pressure off your hips, knees and ankles.  This will also help ease your pain.

When pain flares up, take time to rest your joints.  Alternating activity with relaxation is the ideal way to help your joints.  However, you do not want to remain inactive for too many days unless you are recovering from surgery or your doctor advises you to rest for a lengthy period of time. Otherwise, resume your activities as soon as possible.

Alternate heat and cold when your joints are inflamed.  In addition to taking medication and resting your joints, you may also want to use heating pads or cold packs on your painful joints.  It may also help to take a warm bath.

At times, you may want to apply a topical painkiller.  Many people have found temporary relief when they have used creams containing capsaicin on a sore, inflamed joint.

Practice relaxation techniques.  Your state-of-mind can have a tremendous effect on your level of pain.  Practice yoga, deep breathing, meditation, aromatherapy, guided imagery, hypnosis or other relaxation techniques to help you learn to be less sensitive to pain.

Consider natural treatments such as massage, acupuncture or acupressure. These alternative treatments may help you relax and reduce the pain you are experiencing.

*   See a chiropractor or osteopath if you think your arthritis pain has caused your body to get out of alignment.  Their adjustments can help you feel more comfortable and increase your range of motion.

Learn to listen to your body.  You need to recognize the signs of fatigue and be able to identify when you might be putting too much stress on a joint.  This will help you know when you should back off and modify your activity.  For example, if walking on land is too painful at first, you might want to try walking in a swimming pool.  Don't overdo it, though!

Modify your activities, as needed.  Finally, you may have to make some small changes to your lifestyle in order to accommodate your arthritis, especially if it is severe.  Depending on where you feel the most pain, you may need to do things such as purchase an electric jar opener, sit on a tall kitchen stool when cooking for any length of time, have your door knobs replaced by levers, or ask for other assistance devices.  You may benefit from a stair lift to help you get up to a second floor bedroom or a comfy chair lift that helps you get back on your feet after sitting.  Don't be embarrassed to ask for help when you need it!

You can also order products online that will help you adapt to your arthritis.  Use this Amazon link to see some of the different products that are available, whether you order them from Amazon or not.  Amazon has everything from special gloves, handy grips, topical medications and much more.  You may discover the perfect solution to a problem that has caused you to restrict your activities.

You can find more information about how to cope with your arthritis from the Arthritis Foundation at arthritis.org.

If you are looking for more health and retirement information, use the tabs or pull down menu at the top of the page to find links to hundreds of additional articles of use to Baby Boomers.

You are reading from the blog:  http://www.baby-boomer-retirement.com

Photo credit:  morguefile.com

Wednesday, December 9, 2015

How to Avoid Poverty for Single Women Retirees

If you are a single women approaching retirement, you are at much higher risk of living in poverty as you age.  Approximately one out of three Baby Boomer women is either divorced or never married.  While they may have managed just fine on their salaries during their working years, the sad truth is that single women over the age of 65 who were never married, or who are divorced or widowed are three times more likely to be living in poverty

The statistics are even more dire for minority single women than they are for Caucasian women, although a significant number of single women of all races are impacted.

Poverty Rates for Retired Single Women Over Age 65

Caucasians - 1 out of 6
African-Americans - 1 in 3
Hispanics - 1 in 2

Reasons for High Rate of Poverty for Single Women Retirees

There are a variety of circumstances that contribute to the high poverty rates for single women over the age of 65.

*  Women who live with a spouse benefit from his Social Security benefits and pensions while he is alive.  In addition, they are eligible to receive their own payment that equals about one-half of their husband's Social Security, depending on the wife's age when she begins to collect.  If she becomes widowed, her Social Security benefits will usually be increased to close to what her husband was receiving before he died.  She may also have access to the proceeds of private pensions and investments.  Single women do not have the benefit of receiving as much income from a spouse.  Even if they are divorced and were married over ten years, at most they can only collect half of what their former spouse received in benefits, with no increase if he dies before her.

*  In general, women earn less than men, so the amount they have paid into Social Security and the amount they will collect based on their own earnings is often substantially less.  They are more likely to be in either lower paying or part-time jobs.  If they are unmarried at the time of retirement, their benefits are likely to be much lower than the benefits men receive.

*  Women often spend less time in the workforce because they are frequently expected to drop out periodically to act as caregivers ... either for their children, their parents or other members of their family.  On average, women caregivers take 12 years out of the workforce, which dramatically reduces their lifetime earnings and Social Security benefits.  This can have a devastating effect on retired women, since half of elderly women depend on Social Security as their only source of income.

*  In addition to qualifying for lower Social Security benefits, women also tend to have much less money saved in private retirement accounts and pensions.

*  Women tend to live about 3 to 4 years longer than men, on average, which means their meager savings must last longer.

*  The average man over 65 receives $27,657 a year in income from a combination of Social Security, pensions, dividends and other income; the average women over 65 receives only about $15,323 a year from all income sources.

*  Marriage rates continue to decline, which means the issue of poverty in retirement for single women is likely to continue for generations.  In fact, it is estimated that 25% of young adults will never marry.  When this is added to the number of women who will be divorced or widowed, many young women are likely to face the same situation as the women in the Baby Boomer generation.

Proposed Government Solutions to Reduce Poverty for Single Women Retirees

Currently, no one has come up with a solution to the issue of how to help single, elderly women retirees.  Here are some of the ideas that are being tossed around:

*  Expand Social Security benefits for people over the age of 80 or 85 ... an age group that is primarily female.

*  Change the way Social Security benefits are calculated so that women get credit for those periods of time when they are working as full-time, unpaid caregivers for their children, parents or other family members.

*  Giving everyone either a flat minimum payment or a means-tested minimum benefit, regardless of their marital status or how much they have earned during their working years.

What Women Can Do to Lower Their Own Poverty after Retirement

Many women who are struggling to make ends meet month after month may not be able to do very much to improve their situation.  However, until the government makes changes, there are a few things women should try to do, if possible:

*  Work full-time rather than part-time, for as many years as possible, to increase the amount of Social Security benefits they will receive in the future.

*  Look for jobs with the government or employers who provide a private pension or match contributions to a 401(k).

*  Contribute to an IRA or other pension plan.

*  Delay retirement until age 70 in order to maximize their Social Security benefits.

Other Help for Low Income Retirees

In addition, there are programs available to help low income retirees.  You may be interested in reading my article on this topic:

"Public Assistance for Low Income Retirees"

Source:

"The Next Social Security Crisis: Why American Women are Bearing the Brunt of the Retirement Crunch,"  Time Magazine, August 3, 2015, pg. 48.

If you are interested in more information about financial planning for retirement, where to retire, health issues, family challenges and more, use the tabs or pull down menu at the top of the page to find links to hundreds of additional articles.

Photo credit:  Morguefile.com

Wednesday, December 2, 2015

Update on the UCI 90+ Study at Laguna Woods Village

During the past few years, I have been following the 90+ Study in which researchers from the University of California in Irvine have studied people who live to age 90 or older.  They refer to them as the Oldest of the Old.

The UCI findings have been fascinating.  The study has been conducted on residents of the retirement community where I live who are over the age of 90.  However, when the project first started, these people were in their 60s.  As a result, the researchers have learned a great deal about this group of people.

Recently, I once again attended a speech by Dr. Claudia Kawas of UCI in which she discussed her major findings.  She and her team of researchers have learned a number of things about the lifestyle choices and genetic makeup of people who manage to live to be 90 years old.  Below you will find data from their website, 90study.org, which summarizes what they have discovered.

Major Findings from the 90+ Study Listed on Their Website

*  People who drank moderate amounts of alcohol and coffee lived longer than those who abstained.  However, as you will see later in this article, living a long life is not the same as having a clear mind and a good quality of life.

*  People who were overweight in their 70s lived longer than normal or underweight people did.  Again, a long life does not mean you will avoid dementia or disability.

*  Over 40% of people who live until they are between 90 and 100 years old will suffer from dementia; almost 80% of the people in this age group are physically disabled.  Both conditions are more common in elderly women than men.

*  About half the people over the age of 90 who have dementia do not have sufficient neuropathology in their brain to explain their cognitive loss.  This means that some people develop dementia, even when an autopsy does not show that there was anything seriously wrong with their brain.

*  People aged 90 and older with an APOE2 gene are less likely to have clinical Alzheimer's dementia, but are much more likely to have Alzheimer's neuropathology in their brains.  In other words, an autopsy may show that their brains have damage that would normally indicate Alzheimer's, but there were no clinical symptoms of the disease while they were alive.

More Findings from the 90+ Study about Dementia

In addition to the items listed above, Dr. Kawas reported a few additional facts about dementia during her recent presentation at Laguna Woods Village.

*  At age 75, there is about a 5% risk of dementia. At age 80, senior citizens have about a 10% risk.  The risk currently doubles approximately every five years.  At age 85, the rate is 20%.  At age 90 and older it is 40%. 

*  While moderate alcohol and caffeine consumption may help you live longer, it does not appear to prevent dementia.  Taking Vitamins E and C did not appear to help, either.  However, physical exercise does seem to "increase the production of a key brain nutrient called brain-derived neurotrophic factor."  Exercise is the only lifestyle choice Dr. Kawas mentions in her website that definitely seems to make a difference in brain function later in life.
increases the production of a key brain nutrient called brain-derived neurotrophic factor - See more at: http://www.mind.uci.edu/research/cutting-edge-alzheimers-research/diet-and-exercise/#sthash.O3ebpG0v.dpuf
increases the production of a key brain nutrient called brain-derived neurotrophic factor - See more at: http://www.mind.uci.edu/research/cutting-edge-alzheimers-research/diet-and-exercise/#sthash.O3ebpG0v.dpuf
increases the production of a key brain nutrient called brain-derived neurotrophic factor - See more at: http://www.mind.uci.edu/research/cutting-edge-alzheimers-research/diet-and-exercise/#sthash.O3ebpG0v.dpuf

*  While many people assume that Alzheimer's Disease is the only cause of dementia, there are actually over 100 different pathologies or symptoms of diseases which appear to cause dementia.  For example, irreversible dementia can also be caused by vascular problems, a stroke, brain injury, sleep apnea, Parkinson's disease and Huntington's disease.  As reported above, people can have the Alzheimer's neuropathology in their brain and NOT develop dementia.  If they have the Alzheimer's neuropathology and one additional dementia pathology, they are much more likely to develop dementia symptoms.  If they have the Alzheimer's neuropathology and two additional dementia pathologies (or symptoms of brain diseases), they almost always have dementia symptoms that can be observed while they are alive.

*  On the other hand, approximately 40% of people with dementia have none of the pathologies or disease symptoms which are known to cause dementia.  In these people, the cause of their dementia is unknown!

*  Alzheimer's is the most common form of dementia (defined as a decline in memory and cognitive abilities severe enough to interfere with everyday functioning).  Alzheimer's accounts for 70% of cases of dementia.

*  Alzheimer's is the 6th leading cause of death in the United States, often because the patient becomes bedridden and develops pneumonia.

*  One out of nine people age 65 or older and one out of three people age 85 or older are living with Alzheimer's Disease. 

*  Age appears to be the greatest risk for dementia.  No matter what you do, the longer you live, the greater your risk of becoming mentally impaired.
 

How to Learn More About the 90+ Study from UCI

Many of us are going to want to continue to follow the 90+ Study and readers can watch for future reports in this blog about the findings in the coming years.  Here are a few other ways you can learn more and, in some cases, help.

*  You can sign up to participate in a trial at:  TrialMatch.alz.org

*  You can follow the UCI 90+ study and, if you wish, make a donation at:  90study.org

*   You can read more on the background and findings of the UCI study in my article:  The UCI 90+ Study at Laguna Woods Village. 

If you are looking for more information that will benefit you as you age, use the tabs or pull down menu at the top of this page to find links to hundreds of additional articles on medical issues, where to retire, financial planning, family relationships and more.


You are reading from the blog:  http://www.baby-boomer-retirement.com

Photo credit:  Photo of Laguna Woods Village taken by author, Deborah-Diane.



  • People who drank moderate amounts of alcohol or coffee lived longer than those who abstained.
  • People who were overweight in their 70s lived longer than normal or underweight people did.
  • Over 40% of people aged 90 and older suffer from dementia while almost 80% are disabled. Both are more common in women than men.
  • About half of people with dementia over age 90 do not have sufficient neuropathology in their brain to explain their cognitive loss.
  • People aged 90 and older with an APOE2 gene are less likely to have clinical Alzheimer’s dementia, but are much more likely to have Alzheimer’s neuropathology in their brains.
  • - See more at: http://www.mind.uci.edu/research/90plus-study/#sthash.Ynp7gWGK.dpuf



  • People who drank moderate amounts of alcohol or coffee lived longer than those who abstained.
  • People who were overweight in their 70s lived longer than normal or underweight people did.
  • Over 40% of people aged 90 and older suffer from dementia while almost 80% are disabled. Both are more common in women than men.
  • About half of people with dementia over age 90 do not have sufficient neuropathology in their brain to explain their cognitive loss.
  • People aged 90 and older with an APOE2 gene are less likely to have clinical Alzheimer’s dementia, but are much more likely to have Alzheimer’s neuropathology in their brains.
  • - See more at: http://www.mind.uci.edu/research/90plus-study/#sthash.Ynp7gWGK.dpuf



  • People who drank moderate amounts of alcohol or coffee lived longer than those who abstained.
  • People who were overweight in their 70s lived longer than normal or underweight people did.
  • Over 40% of people aged 90 and older suffer from dementia while almost 80% are disabled. Both are more common in women than men.
  • About half of people with dementia over age 90 do not have sufficient neuropathology in their brain to explain their cognitive loss.
  • People aged 90 and older with an APOE2 gene are less likely to have clinical Alzheimer’s dementia, but are much more likely to have Alzheimer’s neuropathology in their brains.
  • - See more at: http://www.mind.uci.edu/research/90plus-study/#sthash.Ynp7gWGK.dpuf

    Tuesday, November 24, 2015

    How Americans are Aging and Changing

    The Baby Boomer generation is getting older and lifespans in general are increasing.  As a result  the United States is aging rapidly.  Recently, I attended "The State of Aging in Orange County," a seminar put on by the Office on Aging and other agencies in Orange County, California.  The speakers were outstanding and over the next few weeks this blog will contain posts on some of the information that was covered during the seminar.

    In particular, most Baby Boomers will be interested in some of the general facts that were brought up by the speakers.

    Redefining What it Means to be Old

    Karen Roper, who is Director of OC Community Services and oversees the Office on Aging, the Veterans Service Bureau and several other agencies, said they are working to redefine what it means to be old.  Rather than basing it on someone's age, they want to define it based on a person's functional ability.  After all, she pointed out, some people can be in their 80's or 90's and still be able to live on their own and take care of their shopping, housework, cooking, etc.  On the other hand, a person who is in their 50's or 60's might be suffering from a number of medical conditions, including early onset dementia, which might make it difficult for them function independently at all.  Which person should be considered "old?"

    The U.S. Population is Aging Rapidly

    Michael Schrader, the Chief Executive Officer of CalOptima, presented fascinating statistics regarding how quickly the American population is aging.  In 2015, there are approximately 40 million people over the age of 65.  Over the next ten years, by 2025, the population of people over the age of 65 will increase by 50% to 60 million.

    Social Security and Medicare Will Need to be Reformed

    Mr. Schrader revealed that over that same ten year period, Social Security costs are expected to increase by 77% and Medicare costs by 89%.  This is unsustainable without some types of reforms. As was recently mentioned in this blog, one change has already been made in order to save the government money in Social Security expenditures. It was part of the 2015 budget agreement.  The SSA has now eliminated an option couples used to have for maximizing their benefits ... the file and suspend option. 

    Among other changes that are being considered are:

    * Raise the minimum ages to receive both Social Security and Medicare benefits
    * Increase the co-pays and other forms of cost sharing for Medicare beneficiaries
    * Change to a need based voucher system for Medicare benefits

    New Approaches to Administering Medicare and Medicaid

    CalOptima is also experimenting with a new system to make Medicare benefits more efficient, cost effective and easier to use for beneficiaries who qualify for both Medicare and Medicaid (known as Medi-Cal in California).  Many of the people who qualify for both have to deal with four different programs ... Medicare Part A, Medicare part B, Medicare part D, and Medicaid.  Since these people frequently have dementia or other health issues, dealing with all these different  programs is overwhelming.  CalOptima is experimenting with combining all four of those programs into one, adding on dental and vision services, and providing case carriers to assist the recipients.  They believe that reducing the fragmentation will make the program operate more efficiently and less expensively.  In addition, beneficiaries will only have one phone number to call and one person to deal with, which should make things more manageable.

    If the CalOptima program works here in Orange County, it will be spread to other parts of the United States.

    In the coming weeks, this blog will contain additional information that was provided during the State of Aging seminar ... interspersed with other topics of interest to Baby Boomers.

    If you are looking for additional information on retirement planning, coping with health issues, finding good places to retire, changing family relationships or more, use the tabs or pull down menu at the top of this article to find links to hundreds of additional helpful articles on a variety of subjects.

    You are reading from the blog:  http://www.baby-boomer-retirement.com

    Photo credit: Morguefile.com

    Monday, November 16, 2015

    Charitable Deductions and U.S. Estate Taxes

    Are you thinking about leaving money or property in your estate to your college or favorite charity?  If so, it is very important you discuss the best way to do this with your financial adviser.  You have several options, and you want to make sure you use the option that will allow you to use the charitable deduction to reduce the estate taxes on your estate, benefiting both your heirs and the charity.

    In some cases, you can even arrange your charitable giving in such a way that you or a loved one can receive a stream of income from your charitable contribution.  By doing this, you can help yourself or an heir, as well as the charity.  Everyone wins!

    Recently, I received an interesting brochure from the university which I attended.  It summarized some of the options donors have.  Below you will find some excerpts from that brochure, as well as additional comments.  If this is something you think you will want to do as part of your estate tax planning, you will want to be sure you carefully research the type of charitable gift that will be best for your circumstances.

    How the Federal Estate Tax Rate Can Affect Your Charitable Donations

    When you have large capital gains on some of your assets, the estate tax rate can be as much as 28 percent.  However, if you give the assets to a qualified charity, you can reduce or eliminate this portion of your estate taxes.

    "Tax on capital gains property such as securities and real estate can sting tax payers in the highest brackets at a rate of more than 28 percent.  Not selling first, but giving appreciated assets directly to a charity allows a donor to avoid the capital gains tax." 

    According to their explanation, the charity will get a stepped up basis on the donated property, and the donor or his estate is able to avoid paying taxes on the gain.

    Create an Income from your Charitable Donations

    What if you have valuable assets that do not currently produce an income for you?  An example of this might be a valuable art collection that you wish to donate after you die.  Another example would be stocks that do not pay a dividend.  There are ways you can gift this property to a charitable organization while you are still alive and they will provide you or the person of your choice with a stream of income for an agreed period of time.

    "When a donor makes a gift of appreciated property to a charity in exchange for a life income arrangement, the donor is allowed to spread the capital gains tax over the life of the agreement, reducing the impact of the tax on the donor and creating a stream of payments over a period of years, or for a lifetime.  Donors can accomplish this through certain types of charitable trusts or charitable gift annuities."

    Many charitable organizations are already familiar with this type of gift arrangement and can help you make the necessary arrangements.  Of course, you will want to discuss this with your financial advisor first, so you donate the appropriate assets.

    Make a Charity a Beneficiary of All or a Portion of Your Retirement Account

    When you receive a distribution from a retirement account, you usually must pay taxes on it.  However, when the distribution is donated to a charity, the charitable deduction may be used to offset all or part of the taxes.  This is true even when you have already died!

    "The tax owed on a retirement plan does not go away at death.  The tax liability passes into the estate and onto heirs with some exceptions, such as when a charity is beneficiary of the account.  Charities are not taxable.... (When a charity is) the beneficiary of all or a portion of your retirement account, it removes a highly taxable asset from your estate."

    You MIGHT Be Able to Make an IRA Charitable Rollover

    In 2014, Congress made it possible for donors to roll over part of their IRA to a charity.  However, this has to be voted on each year, so it might not always be possible in the future, depending on what Congress decides.  If they keep the rules the same, the requirements currently are:

    *  You must be 70 1/2 or older when you make the gift;
    *  You cannot transfer more than $100,000 to a charity;
    *  This only applies to IRAs and not other types of retirement plans;
    *  The funds must go directly to a charity and NOT to a charitable trust, a charitable gift annuity or anything similar.

    What Should You Do?

    The best type of charitable giving arrangement will be different for each person.  This article is only intended to let you know about the different types of possible options so you can reduce your federal estate taxes.  You need to discuss the best option for you with your financial adviser, tax accountant, the lawyer handling your will and the charity involved.

    If you are looking for more retirement advice, information about where to retire, medical concerns, or changing family relationships, use the tabs or pull down menu at the top of this article.  They will link you to hundreds of additional articles.

    You are reading from the blog:  http://www.baby-boomer-retirement.com

    Photo credit:  Morguefile.com