Josephine Wright, 93, is fighting to stay on the South Carolina island where many Black families have been priced out. Snoop Dogg and Kyrie Irving have chipped in to help cover her legal costs.
Category: Elderly
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Retiree Medical Costs Expected to Stay Flat in 2023
An estimate puts the average cost over a 20-year retirement at about $157,000. That’s almost double the estimate in 2002.
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States Try Easing the Burden of Long-Term Care’s High Cost
Seeing their own financial benefits, too, Washington and California are among the states creating programs to help older residents.
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Hospice Is a Profitable Business, but Nonprofits Mostly Do a Better Job
Nearly three-quarters of hospice organizations are now for-profit. Complaints of fraud and profiteering are growing.
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Supreme Court Rules That States Are Not Entitled to Windfalls in Tax Disputes
In a unanimous decision, the justices sided with a 94-year-old woman who got nothing when the state sold her condominium to recoup unpaid taxes.
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Backup Power: A Growing Need, if You Can Afford It
Extreme weather linked to climate change is causing more blackouts. But generators and batteries are still out of reach of many.
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Why Older People Can’t Get New Mortgages
Despite solid financial track records, many older Americans have a hard time refinancing because of their mortality risks and lower retirement incomes.