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June 2018

Why retirees are waiting longer to claim Social Security

by Mark Miller Fewer Americans are asking Social Security to “show me the money” as soon as possible. The share of workers claiming Social Security retirement benefits at the earliest possible date has plunged in recent years. That probably reflects growing public awareness of the higher annual benefits available through delayed claiming. But it may

The ever-rising cost of long-term care insurance

by Walecia Konrad Long-term care insurance seemed like such a great idea. Buy a policy when you're in your 50s or 60s, while you're still relatively healthy, pay your monthly premiums and in return you'll have help managing the astronomical costs of a nursing home, assisted-living facility or personal aide when the time comes. This insurance

Can Medicare Force a Senior Who Falls a Lot at Home Into a Nursing Home?

Q: My 90-year-old cousin lives by herself. She's in overall good health but she has fallen a few times. She wears a medical alert button and can summon the paramedics fairly quickly. Her neighbor, who is a retired nurse, told her that if she falls too many times, Medicare won't pay and can force her to

Finding the Best Retirement Calculators

Figuring out how much to save for retirement and when you can safely stop working can be difficult. A growing number of online retirement calculators, many of them free, are available to help. Although these calculators can yield vastly different results, they can still be useful tools. Based on information about you and your finances,

Mentally Disabled Pennsylvanians Can Proceed With Class Action Over ‘Sad Reality’ of DHS Care

By P.J. D'Annunzio A federal class action has been allowed to proceed against the state Department of Human Services, brought by a group of mentally disabled Pennsylvania youths claiming they were left too long in treatment facilities and not given access to proper treatment. U.S. District Judge John E. Jones III of the Middle District of Pennsylvania denied