Older homeowners often don’t see the value of, or can’t afford to, maintain and renovate their homes of many years. And that can mean thousands lost when they sell.
Category: Elderly
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Retirees Expect Their Home to Be a Financial Safety Net. They Shouldn’t.
The New York Times – Business: -
5 Money Lessons From People Caring for Their Elderly Parents
The New York Times – Business:Generation X-ers and others shared stories of family crises, and we asked experts how to think about living longer than you expect.
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Not Even Japanese Bathhouses Are Immune From Shocks of Iran War
The New York Times – Business:High fuel costs are imperiling the Japanese sento, a long-declining industry that remains a vital social lifeline for the country’s isolated elderly.
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Aging in Place: How Technology Might Help You Grow Old at Home
The New York Times – Business:The budding field is turning dreams into reality for older adults who are eager to age in place, filling caregiving gaps and easing minds as America ages rapidly.
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Help for Medicare Advantage Patients Who Lose Doctors Is Shelved, for Now
The New York Times – Business:Nationwide, hospital and providers are leaving private Medicare Advantage plans, putting thousands of seniors at risk of higher costs and the loss of trusted doctors.
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How Older Adults Are Using VR to Counter Social Isolation
The New York Times – Business:New tools tailored for use in senior living communities allow for shared experiences and social bonding.
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Many People Will Need Long-Term Care, but Most Don’t Have Insurance to Cover It
The New York Times – Business:Care for people who can’t take care of themselves is expensive, and regular health insurance doesn’t cover the cost.
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How Daily Money Managers Help Busy People With Their Finances
The New York Times – Business:Daily money managers generally help older adults and the wealthy, but busy professionals are increasingly using their services when they get behind.
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The Tax Bill Haunting Your 401(k) and I.R.A.
The New York Times – Business:Most people have piled their savings into tax-deferred accounts, delaying taxes until they retire. Using Roth options can help ease your tax bite.
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How Recovery Scams Retarget Victims of Fraud
The New York Times – Business:Many cybercrime victims are retargeted by online scammers posing as lawyers or other professionals who promise they can recover stolen money.
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Banks Are Becoming Bulwarks for Vulnerable Seniors
The New York Times – Business:Older Americans are losing billions of dollars annually to financial exploitation. Banks and investment firms are training employees to spot red flags and stop the transactions.