December 23, 2019
Your weekly link to grown-up news and information from newspaper and
magazine publications, news organizations and web resources nationwide.
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Broaching the Subject of Hearing Loss:
If you have loved ones in denial about their hearing loss, here are six suggestions for bringing up an often touchy subject with your loved one. Next Avenue, Dec. 20.
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3 Ways Medicare Will Cost You More Money in 2020:
Millions of seniors rely on Medicare to cover their health-related needs in retirement. But one major misconception about Medicare is that the program is entirely free. In reality, it's very expensive, and worse yet, its costs have the potential to climb, significantly, from year to year. The Motley Fool, Dec. 16.
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Retirement Accounts You Should Consider:
Saving for retirement doesn’t involve a one-size-fits-all plan. Since every situation is unique, it’s important to look for the retirement account that best lines up with your personal job situation and future goals. U.S. News & World Report, Dec. 18.
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Retirement Costs That Could Surprise You:
Before you can safely retire, you need to know that your income will cover your expenses. But many of the following costs can catch retirees by surprise. Anticipating these common budget-busters could help you prepare for a more comfortable and less stressful retirement. Nerd Wallet, Dec. 16.
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Preparing for the Unexpected Death of a Spouse:
According to the U.S. Census Bureau, the average age of widowhood in the United States is a surprisingly young 59. That means there are many women who fall into the “donut hole” of not being able to draw Social Security benefits and who may have lost an income that had been essential for paying the bills. Next Avenue, Dec. 18.
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Are You Working with a Retirement Specialist?
Many financial planners are great at managing investments but fall far short on other critical areas of retirement planning. Is your planner equipped to go the distance? Kiplinger, Dec. 17.
How to Retire in 2020:
When you are ready to retire, there are certain basic things you should do before you leave the comfort and security of your old job. You need to make final adjustments to your financial plan and make important decisions about Social Security and health insurance. US News & World Report, Dec. 20.
How to Create a Retirement Income Plan:
When you’re closing in on retirement, the big financial question shifts from “How much should I be saving?” to “How can I make my money last?” Next Avenue, Dec. 16.
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Managing Inflation Risk in Retirement:
Longer retirements mean inflation can put a serious dent in even the best-laid plans. You need an income strategy to help keep up with rising prices. Kiplinger, Dec. 16.
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Retirement Spots With Year-Round Nice Weather:
Some retirees want to escape brutal winters, while others can no longer tolerate sweltering summers. In a few locations in the U.S., it is possible to avoid both extreme heat and cold. US News and World Report, Dec. 20.
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Why It’s Best to Involve People With Early Stage Dementia in Care Planning:
Receiving a diagnosis of early stage dementia can fill a person and that person’s loved ones with fear and anxiety about what the future holds. Yet, dementia can progress slowly over years, giving people and their families and friends plenty of time to plan for the future together. Next Avenue, Dec. 16.
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New Tech Ideas for Aging Well:
New technology can counter some difficulties aging adults face with everyday tasks and can also help caregivers better understand the needs of their loved ones. Kiplinger, Dec. 17.
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Retirees, Cover Your Trip and Your Health, Too:
Packing your bags for a big trip? don’t forget the travel insurance. It can protect you if unforeseen circumstances force you to cancel or interrupt a trip—or if you get sick while on the road. Kiplinger, Dec. 17.
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The Movement to Bring Death Closer:
Home-funeral guides believe that families can benefit from tending to — and spending time with — the bodies of their deceased. The New York Times Magazine, Dec. 19.
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