Solutions to Common Financial Struggles for People 50 and Older

 

Have you heard of a “Granny Pod”?

Granny pods are typically a pre-built structure that has been specifically designed to support aging in place. It is usually constructed on a family member or caregiver’s property.

Often installed as a temporary building, granny pods are usually small homes that offer special aging features like wider doorways, walk-in showers, and slip resistant floors. Some may even contain special medical technologies like alert systems or medical tracking devices.

http://www.stretcher.com/stories/17/17sep18f.cfm?AFF0921

 

Solutions to Common Financial Struggles for People 50 and Older

Partnering with a nonprofit consumer counseling agency in the country to offer solutions to the most common financial struggles facing seniors including Medicare assistance, debt and budget counseling, Social Security maximization, help with paying bills, reverse mortgage counseling and foreclosure prevention.

To provide senior services, we’re partnering with Money Management International, the largest nonprofit consumer counseling agency in the country.

https://www.moneytalksnews.com/new-solutions-to-common-financial-struggles-for-people-50-and-up/?utm_source=newsletter&utm_campaign=email-2017-09-23-am&utm_medium=email&subscriber=yes

 

Social Security since its founding has been designed as a safety net to help our nation’s retired workforce.

However, a new study commissioned by the Bankers Life Center for a Secure Retirement (CSR) has found Boomers are still too reliant on Social Security, with 38% now saying the monthly check will likely be their primary source of retirement income.

That’s up more than 25% from before the financial crisis of 2008, a year which seems to have changed the financial landscape on several fronts.

Before 2008, Boomers were younger and a lot more optimistic about retirement. Then, about 43% said they expected personal savings or earnings from a job to be their primary source of income during their Golden Years.

 

Thanks to Perfectus Elder for sharing this bit of humor…

 

>> The only reason I would take up jogging is so that I could hear heavy breathing again... Erma Bombeck

 

Resource Roundup – Share with your friends!

 

A complete financial plan covers more than just investments. It also covers taxes, insurance, wills, trusts, etc. Not all planners include those areas. If you do hire a planner, make sure you understand exactly what services you’re buying.

 

Recession Proof Your Family Finances Will your family be prepared if the economy takes a turn for the worse?

 

Creating a Side Income in Retirement
There are many opportunities to create a side income. We talk with an expert to find out the things you need to know to be successful. Read more.

 

 

[Call us to sell your goods or if you have an entire estate to sell, call our friends at Rowley Auctions]

 

 

Take advantage of the short PDF book that I wrote & get a bonus hardbound book too! Learn more here:

You Have a 16-Cylinder Brain-Learn How to Use it & Re-Awaken the Genius Inside You!

 

  • How to Increase Your Intelligence
  • 6 Step Brain Exercise Steve Jobs Used to Boost Creativity
  • 6 Simple Habits to Boost Your Intelligence
  • The Best Vitamins to Increase Brain Function
  • How a Harvard Brain Specialist Keeps Her Brain Healthy
  • A Review of the Top 10 Brain [Limitless] Pills

 

2 thoughts on “Solutions to Common Financial Struggles for People 50 and Older

  • October 10, 2017 at 11:19 pm
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