Many older people, particularly those with medical conditions, worry about running out of money—and a new study shows those concerns are justified.
If you inherited property from your parents and you sold it in 2014, your tax bill will vary according to how you acquired the property and when.
A quitclaim deed is a legal document for transferring ownership in a property to someone else. These deeds are most commonly used by family members to transfer ownership of a house—between… (Read More)
Seniors often live on a fixed income, and they can face financial trouble when their property taxes rise. Even if their home is fully paid for, senior homeowners still must… (Read More)
While many young people must decide whether to continue renting or to buy their first home, many senior homeowners face the opposite choice: whether to hold on to the home… (Read More)
Seniors who are are considering a move to a senior living community need to establish or review an estate plan so they understand the financial implications of their choices for… (Read More)
If you’re in your 50s or 60s and have yet to establish a robust retirement fund, you’re not alone—and it’s not too late to start saving for retirement. According to… (Read More)
Retirement means no longer waking up at the crack of dawn and spending 45 minutes in traffic, but that doesn’t mean you should forget all your cares: you need to keep… (Read More)
It’s a fact: the elderly are huge targets for scams. According to the Federal Trade Commission’s Consumer Sentinel Network, 47% of all reported fraud complaints between 2011 and 2013 came from… (Read More)