A new Bankrate survey says 62% of homeowners never plan to move. If you’re one of those who’ll be aging in place, you may be considering using your home equity to help do it, by taking out a reverse mortgage, a home equity line of credit (HELOC) or a cash-out refinance of your first mortgage. That might be a good idea, but you’ll want to know the pros and cons before making your decision.
The U.S. is on the verge of a massive surge of retirement in the coming years. As of 2016, 14.3% of the population was aged 65 or older. That figure is expected to rise to over 20% in the next decade. The rapidly-aging American population is currently changing the face of our economy, creating urgent need for new medical services, retirement communities, and recreational facilities and activities. For those millions of retiring Americans who are looking to find a place to live out their post-work years, a warm climate is often enough.
A woman with multiple sclerosis says Delta Air Lines employees tied her to a wheelchair with a blanket when they didn’t have a chair that could accommodate her disability, and her son says a supervisor cursed at her as she wept. Maria Saliagas tells WSB-TV that Delta usually provides a wheelchair with straps because she can’t sit up on her own. Nathan Saliagas tweeted April 2 that Delta’s actions left his mother bruised and crying.
When Deb and WIll Binon’s 17-year-old son committed suicide, they created a foundation in his name to help educate teens about mental health.
After losing his right leg to a roadside bomb in Iraq, Christopher Lawrence was determined to find another way to serve his country
UCLA law students are starting a new journal that showcases scholarship on disability law.
The Disability Law Journal at UCLA will be the only disability law journal in the country after it publishes its first issue in spring 2019. Law students who created the journal said they hope to inform more people about disability law in the United States and issues that disproportionately affect people with disabilities, such as employment discrimination, police violence and sexual abuse. The journal is one of several specialized law journals at UCLA, including the Criminal Justice Law Review and Entertainment Law Review.
Older adults, drink up. You need plenty of water during exercise so your brain gets the full benefits of working out, researchers say. “Middle-age and older adults often display a blunted thirst perception, which places them at risk for dehydration, and subsequently may reduce the cognitive [mental] health-related benefits of exercise,” said Brandon Yates, of Spaulding Rehabilitation Hospital in Boston, and colleagues.
This is the first of a five-part series investigating the economic and financial ills implicit in the country’s aging demographics and what can be done to mitigate them. It draws heavily on the deeper discussion in my recent book Thirty Tomorrows. This first installment lays out the demographic facts and why they present financial and economic dangers. Each subsequent installment will take up possible ways to ease the strain.
One in three older Americans with Medicare drug coverage is prescribed opioid painkillers, but for those who develop a dangerous addiction there is one treatment Medicare won’t cover: methadone. Methadone is the oldest, and experts say, the most effective of the three approved medications used to treat opioid addiction. It eases cravings without an intense high, allowing patients to work with counselors to rebuild their lives. Federal money is flowing to states to open new methadone clinics through the 21st Century Cures Act, but despite the nation’s deepening opioid crisis, the Medicare drug program for the elderly covers methadone only when prescribed for pain.
For some lower-income Americans, Medicaid is their lifeline to health care. That includes “older nonelderly” adults from 50 to 64 – an age range when chronic health conditions and mobility issues are common. Other people use Medicaid benefits so they can serve as family caregivers.
On Jan. 11, the Centers for Medicare & Medicaid Services announced that states can apply for waivers to implement work requirements for people who receive Medicaid benefits. Some older Americans will be affected.
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