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Why many American seniors are forced to work in retirement. St. Petersburg, Florida — Larry Gesick, a 77-year-old electrician by trade, leaves his home at 5:30 a.m. and heads for his part-time ...
Seniors tend to require more physical and mental care, which increases their costs. Lack of affordable housing and high rents are making finding an affordable place to live more challenging.
Here are a few reasons why you could still live comfortably in retirement, even without a $1 million nest egg. You may have other income sources Aside from their retirement savings, many retirees ...
The Older Americans Act of 1965 ( Pub. L. 89–73, 79 Stat. 218) was the first federal level initiative aimed at providing comprehensive services for older adults. It created the National Aging Network comprising the Administration on Aging on the federal level, State Units on Aging at the state level, and Area Agencies on Aging at the local ...
A continuing care retirement community ( CCRC ), [1] [2] sometimes known as a life plan community, is a type of retirement community in the U.S. where a continuum of aging care needs—from independent living, assisted living, and skilled nursing care—can all be met within the community. [3] These various levels of shelter and care may be ...
The Senior Companions program is aimed at helping citizens who need extra assistance to live independently, such as adults with disabilities or those with terminal illnesses and their caregivers. Participants provide both emotional and physical support by assisting with simple house chores , providing transportation, and offering companionship.
Despite annual COLAs, Social Security is failing to keep up with inflation. In fact, according to a 2023 study from The Senior Citizens League, benefits have lost 36% of their buying power since 2000.
The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act (PPACA) and colloquially as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010.