Go the Extra Mile to Protect Your Property

The importance of homeowner insurance

Why Seniors Need Renters or Homeowner Insurance.

As we age, we find ourselves investing in a number of things that provide an extra layer of protection: life insurance, a quality health insurance plan or supplemental insurance to Medicare coverage and even a home alarm system to protect us and our belongings.

But many seniors skip the obvious when it comes to shielding themselves against unexpected expenses – renters or homeowner insurance.

Pros and Cons of Coverage

Whether you own or rent your home, chances are, what would happen if someone was hurt on your property isn’t forefront in your mind. You may think it will never happen to you. And while it is true that not everyone will experience these kinds of unfortunate events in their lifetime, insurance is designed for the “what if” scenarios. Going without adequate coverage is not a gamble that should ever be taken. Continue reading

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Safe Senior Driving

Senior driving

Hit the Road or Hand in the Keys?

Ageing is an all-encompassing inevitability. Along with the physical and emotional components of growing older, a number of varied decisions must be made regarding an individual’s safety and quality of life as they age.  With an ever-increasing population of baby boomers aging into the senior category of 65+, the surge of older Americans hitting the road has prompted distressing statistics as in elder drivers being twice as likely to die in car crashes than middle-aged individuals.

Careful Evaluation 

With normal health and physical restrictions due to the aging process, many seniors cling to their ability to drive and refuse to recognize the safety hazards they may pose to themselves and others on the road, outliving their ability to drive safely by 7 to even 10 years. With over 40 million boomers on the road (a 50% increase from 1999) and many of them ill-equipped with the necessary reaction times, eyesight, and physical maneuvers to drive safely, an average of 16 older Americans are killed and 648 are injured each day from car accidents. With these staggering numbers, it is up to physicians, caregivers, rehab care clinic workers, geriatric services, family members, and even seniors themselves to assess their command of the skills required to drive safely. Continue reading

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Best Places to Age in Grace

Athens, Georgia - Sean Pavone - Retirement destination options

Tips for Selecting a Retirement Destination.

There are a number of things we must consider when planning for our retirement. Among the most important considerations is our debt obligations, whether we have saved enough to retire comfortably and where we intend to live out our golden years.

While many seniors and boomers downsize in retirement, they tend to focus on the design of the home or the amenities of a retirement community, rather than the location. Failing to consider the location in which you plan to spend your retirement years can end up costing you more in your retirement savings than you had anticipated spending.

Finding a senior-friendly city and state is a crucial component to retirement. Not only will it mean an easier time finding the services you need, but it also will guarantee that your retirement savings will stretch further. There are a number of cost-effective cities, including some where you can live for as little as $100 per day.

Newspapers, magazines and online resources that focus on retirees have all taken a stab at compiling lists of the best places for seniors and boomers to retire. We’ve examined many of those reports, and have compiled our list of the top places for seniors to age in grace. Continue reading

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