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Financial Resources to Help Low-Income Seniors During Times of Inflation

From: www.assistedliving.org

Many seniors live on a fixed income, making it difficult to pay for expenses. The challenge grows especially for low-income seniors during times of inflation, when costs increase but the amount of money you have coming in stays the same.

Emergency Housing Guide

From: www.payingforseniorcare.com

An estimated half-million people were homeless in the United States from 2007 through 2020, and many of these individuals were seniors and veterans. Unfortunately, seniors who live on the street have little access to resources that can help them maintain their mental and physical health, and on top of that, many are living without the support of their loved ones.

Homeless seniors face more…

Federal and State Financial Assistance for Seniors

From: www.seniorhousingnet.com

Seniors are often on a fixed income, such as an annuity, pension or Social Security. This can make it difficult to meet living costs, especially in the face of inflation. Studies have found that 4.9 million seniors live in poverty and more than 7 million are food insecure. This means that many seniors in the United States struggle with hunger,…

Hurricane Ian and the new retirement risk

From: www.investmentnews.com

In the wake of the devastation caused by Hurricane Ian, future retirees ought to factor ‘Florida risk’ into their retirement decision-making.

We don’t normally do it in this space, but it’s time we talk about the weather.

Most of the On Planning columns here at InvestmentNews revolve around the perils associated with the investing side of retirement and how to avoid them. Our wheelhouse…

By Ted James

Perhaps you’ve seen lots of headlines about a looming recession, and you can’t help but stress over your financial future. You want to do everything you can to keep your household on stable footing if economic conditions turn sour. By working with the professionals at REAP, you can ensure that you’re still saving for retirement and properly allocating your portfolio. Plus, these tips will show you how to…

Exclusive: At least $1 billion of client funds missing at failed crypto firm FTX

From: www.reuters.com

• FTX founder Bankman-Fried secretly moved $10 billion in funds to trading firm Alameda – sources
• Bankman-Fried showed spreadsheets to colleagues that revealed shift in funds to Alameda – sources
• Spreadsheets indicated between $1 billion and $2 billion in client money is unaccounted for – sources
• Executives set up book-keeping “back door” that thwarted red…

5 reasons Americans are retiring later in life

From: www.financial-planning.com

Americans are now retiring three or four years later in life than they did three decades ago, puzzling researchers and reversing a trend that had lasted more than a century.

Watch Albert Pujols hit home runs No. 699, 700, become fourth player in exclusive club

From: www.stltoday.com

In a homecoming against the team that he says rejuvenated his career last season, Albert Pujols slugged his way into baseball immortality. He hit two home runs Friday night against the Los Angeles Dodgers, becoming the fourth player in the 700 home run club.

The two deep blasts put him into a class with…

How Far Could $1 Million Go in Retirement?

From: financeinsights.net

A million dollars used to be the ultimate target for retirement portfolios. Retiring as a millionaire brought status and confidence that you could live comfortably during your golden years.

If you retired with $1 million in 1970, you probably didn’t have to worry about your nest egg running out, even with a lavish lifestyle. It would be like retiring with $6.9…