by Chris Farrell. This article originally appeared on Next Avenue.
America’s immigrant community is aging along with the rest of the population, and in many cases, with great financial difficulty.
Some 15 percent of adults 60 and over were foreign-born in 2015, according to the U.S. Census Bureau. Older immigrants represent a larger proportion of the elderly in major gateway cities and states. For example, in New York City, they comprise 46 percent of older adults; in California, one in nearly three older residents is foreign-born. Late-life immigrants are contributing to rising ethnic populations in rural areas and small towns in the Midwest and South, such as in Minnesota and Georgia, according to the Population Reference Bureau.
It’s picking season—pumpkins, apples, Halloween candy… and a Medicare health or drug plan. Medicare Open Enrollment runs from October 15–December 7!
Picking a plan is an important and personal decision. Each person has a unique set of priorities. When you sit down to review your Medicare health and drug plan choices this year, keep track of the things you may want in a plan, and pick one that’s right for you.
Here are some things to keep in mind while you consider your choices:
Does the plan cover the services you need?
Future health care needs can be hard to predict, but changes happen. Make sure you understand what services and benefits you’re.... Read More
“I’m sick of worrying about how I’m going to make it from one day to the next.”
On September 8, a group of advocates and stakeholders met in Washington, DC and on the phone from around the country to attend the Social Security Bipartisan Budget Act of 2015 Briefing. Bonnie Kind, the Associate Commissioner for Budget, began the meeting by discussing the FY17 budget for the Social Security Administration. On average, Bonnie reported, 68 million people receive Social Security benefits each month – and Social Security benefits keep 21 million people out of poverty each year. Unfortunately, Social Security is facing budget challenges that may impact SSA’s ability to deliver quality services to its recipients. Claims are.... Read More
Elders, on average, are living longer now than ever before. While aging does bring new challenges, it also provides new opportunities. As another stage in the cycle of life, we look toward our Elder years with the understanding that while some doors will have closed, others are now open to us.
For American Indian and Alaska Native (AI/AN) Elders, growing older has provided us with a lifetime of valuable experiences and lessons learned. Through struggles and successes, we have gained wisdom about many different subjects. Elders are looked to for this wisdom, for guidance, from the younger generations. It is both a privilege and.... Read More
April is Financial Literacy Month, and we’re commemorating the occasion with a series of blog posts from DEC members about economic security and financial resources for our elders. Today’s blog post originally appeared on the NICOA blog.
by Christine Herman
Making good financial decisions isn’t easy. Despite the fact that we gain knowledge over the course of our lives, as Elders it actually becomes more difficult to make sound financial choices. As part of the aging process some may experience a decline in decision-making ability. Cognitive impairment and conditions like dementia or Alzheimer’s disease can accelerate the decline of decision-making ability.
But it’s not just our ability to understand financial situations that makes it difficult. The world is increasingly.... Read More
Financial Literacy: Tips and Tricks for LGBT Elders
April is Financial Literacy Month, and we’re commemorating the occasion with a series of blog posts from DEC members about economic security and financial resources for our elders. Today’s blog post originally appeared on the SAGE blog.
By Maria F. Mata. This post originally appeared on Medium.com.
Last summer, a group of colleagues and I went to Dallas to coordinate a series of activities for Latino older adults that included an open forum with seniors, local leaders, and representatives from private and government agencies that work on aging issues. Dallas welcomed us with warmness and kindness from residents, ample sunshine, and many stories that touched my soul.
Part of my research work was to collect data and testimonies to be included in a final report on the status of Hispanic older adults in Dallas, focusing on retirement security and other related topics. It is widely known.... Read More
It’s Never Too Early To Start Retirement Planning…Is It?
Sometimes I wonder if I’m being a bit too morbid, spending as much brainpower as I do thinking about end-of-life experiences. I’m not that old yet. People older than me who are smart and thoughtful about their lives are not thinking about post-retirement life yet. Actually, sometimes when I bring this up, friends will look at me like, “Vega. You’re 50. I think you’ll be working for maybe a year or two still.”
It’s not that I don’t know that I’ve got some employment time ahead of me. It’s that when I witness the stories of my elders, what keeps haunting me is premature death. And let’s be honest: every death is premature.
I think about my father-in-law, Raj: a.... Read More
Social Security at 80: Behind the Policy and Beyond the Politics
One of the things I’ve found as I tell people that I work on aging policy, is that even though the issues are complex and the policies are never clear-cut, people connect to them in a very personal way. There’s almost always a reflection about someone’s own aging process, or a caregiving story about a loved one, but it invariably hits home in a particular way. My own family has not often understood the advocacy work I do, but when a family member approached me and, in her mix of English and Tagalog, thanked me for her Social Security, I knew it was personal for her on a number of levels: both as someone who came to the U.S. to.... Read More
Diverse Elders Coalition to Host Congressional Briefing After White House Conference on Aging
The Diverse Elders Coalition, in collaboration with the Congressional Asian Pacific American Caucus, is hosting a Congressional Briefing on July 14, 2015, the day after the 2015 White House Conference on Aging. Coinciding with the 50th Anniversary of the Older Americans Act, this Briefing will discuss elders of color, indigenous elders, LGBT elders, and elders living with HIV/AIDS in light of the White House conference and will identify needs and challenges moving forward. The Diverse Elders Coalition will present a report documenting their engagement with the White House Conference on Aging and their policy recommendations on how to improve the lives of diverse elders and their families.
Congressmember Mark Takano (D-CA) will join the Briefing and provide comments. Rep. Takano.... Read More