The United States is seeing an increase in seniors or the elderly taking out reverse mortgages on their paid off homes. It may appear to be an attractive option but proceed with caution when considering obtaining a reverse mortgage. What Is A Reverse Mortgage ? In simple terms a reverse mortgage is a lump sum of money borrowed against your paid off house. The reverse mortgage is only to be repaid once the home is sold after death or relocation. Implications Of A Reverse Mortgage … [Read more...] about Should An Aging Parent Consider A Reverse Mortgage ?
An exciting new technology in the fight against blindness has recently been approved in the United States. The Argus II retinal prosthesis system has been used successfully in Europe and is now approved for use in America. The Argus II is now the worlds first approved bionic eye. The Bionic eye has proven to restore some vision for those with impaired vision or blindness caused by caused by conditions such as retinitis pigmentosa and age related macular degeneration. Up to this point there … [Read more...] about Bionic Eye Approved In United States
Facebook is a fantastic, easy to use service that allows friends and family members all over the world to share news, videos and photos instantly at the touch of a button. This makes it the perfect medium for senior citizens to keep in contact with out of town children and grandchildren, sharing in their everyday lives, staying connected and apart of the family circle. Unfortunately many people of all ages are apprehensive or afraid of the perceived difficulties of signing up, using the … [Read more...] about Facebook For Seniors
It is never too early or too late to begin a fitness regime. I liked Martina Navratilova's philosophy as the Health and Fitness Ambassador for AARP and author of " 10 Simple Steps To Get Fit" on how to begin a fitness routine. She emphasized a few of the key ingredients for senior fitness: Start slow, choose something you like and something you are fairly good at. Makes sense - why exercise at something you don't like? I'm not a fan of the treadmill, so for me it is best avoided due to … [Read more...] about Senior Fitness Tips 2015
The Medicare and Medicaid Services department has issued a preliminary report in which insurance analysts calculate cuts to the Medicare Advantage program would equal 1.9% for 2015. This figure is based on analysis of a 148 cost assessment report for the private pay Medicare Advantage plan issued by Medicare. The final rates will be released on April 7, 2014 to be effective in 2015. What is Medicare Advantage? Medicare Advantage is a privately purchased insurance plan which offers Part … [Read more...] about Medicare Cuts Proposed For 2015