Fifty Plus Advocates

The days of counting on Uncle Sam and a company pension to carry you through old age are long gone. We’re living increasingly in a “yoyo” economy — short for “you’re on your own.”

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The effect may not be very noticeable in the short run. But by the time you’re deep into retirement, inflation can deal a devastating blow to your savings.

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By Marianne Delorey One of the great adjustments many people face as they age is that they have less control over their lives. Nowhere is that more evident than in their living situation. After a traumatic move, elders face a new dilemma. How can they adjust to living under somebody else’s roof? I’m sure we all [...]

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The bottom line is, who’s a dependent? Your kindergarten-age son, your adult daughter, her grandparents, or maybe an elderly uncle or aunt?

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Life histories, ethical wills and video recordings are just some of the ways people are leaving their personal legacies for loved ones. Their use is becoming more common and small businesses are emerging to meet the demand.

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it is important to plan a detailed discussion, given the strong likelihood that older parents and their adult children have conflicting expectations about issues such as elder care, retirement security and inheritance.

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