AMSTERDAM — Megan Worthy still recalls singing in a choir in the Australian capital, Canberra, as she was growing up. Now, as a rare form of early-onset dementia chips away at her vision and other brain functions, the 58-year-old is transported back to her musical youth as she and her ...
The U.S. Department of Health and Human Services estimates that more than half people over age 65 will need help with daily activities such as bathing, dressing or eating at some point, either for an extended period or the rest of their lives. Some research suggests that share may be as high ...
Within a given year, is there any advantage to taking your required minimum distributions as soon as you can, or taking it down to the wire and pulling the distribution in late December? Or is it better to take monthly or quarterly withdrawals? Here are three timing approaches to consider, along with the pros and cons of each. Option 1: Wait until year-end Why consider it: It’s not a huge advantage over a lifetime of savings, but the main advantage of delaying until later in the year is a bit of extra tax-deferred compounding. Assume 75-year-old Anne’s IRA totaled $1 million ...
The idiom, “You can’t teach an old dog new tricks” is typically not expressed as a compliment and may or may not be true. The statement alludes to the premise that as we age, it is very difficult to learn or embrace new things. You will have to determine whether this is factual for the ...
ATLANTA — Allergy season can be miserable for tens of millions of Americans when trees, grass, and other pollens cause runny noses, itchy eyes, coughing and sneezing. Where you live, what you’re allergic to and your lifestyle can make a big difference when it comes to the severity of ...
Dear Savvy Senior, I’ll be 65 in a few months and could sure use some help sorting through all the confusing Medicare options that are available to me. Where can I get help with my Medicare decisions? — Baffled Bob Dear Bob, With around 11,400 Baby Boomers turning 65 every day in 2026, you’re asking a very timely question. Many people approaching Medicare are confused by all the choices available today. In addition to original Medicare (Part A and B) that has been around for more than 60 years, you also have the option of enrolling in a Part D prescription drug plan, and a ...
