Seniors

A combination of hard times and an aging population increased the number of U.S. households with multiple generations living under one roof, according to AARP. In 2010, 7.1 million U.S. households – or 6.1 percent of homes – were multigenerational.

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According to a recent Thrivent Financial for Lutherans survey of 2,000 American adults, 93 percent of all respondents reported they worried at least “a little” about inflation’s impact on their retirement finances, and a majority, 53 percent, said they worried “a lot.”

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The U.S. Department of the Treasury issued a rule to extend the safety and convenience of electronic payments to all Americans receiving federal benefit and non-tax payments.

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What kind of help is available to seniors who are facing foreclosure? My 76-year-old mother has fallen behind on her house payments and is very concerned about losing her home.

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More than just aches and pains, arthritis is a chronic disease that damages joints and can lead to loss of function or disability. In fact, it is the most common cause of disability in the United States, affecting 50 million Americans or 22 percent of the total population.

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Half of all Americans know someone who has Alzheimer’s disease. For one third of us, that person is a family member. The growing prevalence of Alzheimer’s disease among seniors is an increasing national concern, particularly now as we sit on the cusp of an unprecedented demographic shift.

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With pensions disappearing and reductions in employer match programs, it is important for Americans to consider financial planning tools that address long-term retirement and tax situations. One such tool is the Roth IRA.

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Dear Savvy Senior

Where can I get some help with my Medicare questions? I’m approaching 65 – Medicare enrollment age – and am confused with all the different options that are available today. What can you tell me?

Confused Retiree

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Last year’s flu season turned out to be less severe than initially feared, perhaps because the H1N1 scare made people more vigilant about flu vaccinations. Still, according to the Centers for Disease Control and Prevention, an average of 24,000 people in the U.S. die from the flu each year.

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OARC, the Ogontz Avenue Revitalization Corp., is offering a free 10-week beginners class in computer basics for seniors (50+) at the Philadelphia Center for Arts and Technology, 2111 Eastburn Avenue, in West Oak Lane.

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