
Are you looking towards retirement in a few years? Maybe you have already retired from work, downsized, and enjoying your freedom. Whatever stage you’re in, you’ll always need to examine your finances and make necessary adjustments. Planning for retirement early is best, but it’s never too late to start. We’ll look at the differences between a pension vs. a 401k and how you may be able to maximize your retirement options.
To learn about the differences between pension plans and 401k’s, and what may work best for you, CLICK HERE.

Are you looking towards retirement in a few years? Maybe you have already retired from work, downsized, and enjoying your freedom. Whatever stage you’re in, you’ll always need to examine your finances and make necessary adjustments. Planning for retirement early is best, but it’s never too late to start. We’ll look at the differences between a pension vs. a 401k and how you may be able to maximize your retirement options.
What is a Pension Plan?
A pension plan is an employee benefit where an employer makes monetary contributions to a fund. The employer promises to pay the eligible employee a certain amount after retiring. Pension plans are more likely to be offered in unions, government positions, and the public sector. However, these traditional pension plans are harder to come by as an employee benefit.
To learn more about public pensions plans versus private pensions and 401(k)s, and what may be best for your retirement options, CLICK HERE

The question on many seniors’ minds is when should they sell their forever home? A forever home, or sunset home, is the home you’ve raised a family in, hosted countless thanksgiving dinners, and built a lifetime’s worth of memories. Seniors that put their homes up for sale could take a big step toward greater independence and peace of mind. Let’s look at some of the biggest reasons many seniors sell their forever home.
Retirement and Changing Lifestyle
Retirement is a major life change and often is the event where seniors question if they should sell their homes. Kids leaving for college or moving to start families of their own is another change that affects home life. There may be empty bedrooms or game and family rooms that are no longer used. Unused spaces can bring on feelings of sadness or longing for what was. Finding a new home that’s a better match could improve your new lifestyle and outlook.
To learn about additional reasons seniors are selling their forever home, CLICK HERE.

In late 2021, journalists at National Geographic magazine and AARP discussed working together to explore how Americans perceive aging as we emerge from the COVID pandemic. That began a research collaboration focused on asking people like you questions that would probe the full breadth of aging issues — from health and finances to attitudes about happiness, home, optimism and even dying.
To make the study as useful as possible, we posed the same questions to Americans from age 18 into their 90s, to see how opinions vary over the arc of adulthood. More than 2,500 people participated, representing the full range of America’s backgrounds, demographics and ethnicities. Another 25 adults 40 and older participated in in-depth interviews.
Many of the often surprising results of the AARP–National Geographic “Second Half of Life Study” are in your hands. No single sentence can capture the gist of all that people told us, but we can say with confidence that most prevalent opinions and stereotypes of aging were proven wrong.
Overall, the message was refreshingly positive and reassuring. On the whole, life is good, especially for older Americans — especially those over 60. And the person you see in the mirror is far different from the type of person younger generations might think you are.
To view the results of this interesting AARP and National Geographic survey, CLICK HERE.

Life Care Services knows that seniors can be vulnerable to scams, but we are here to put the power back into your hands. By following these tips, you can ensure that your finances will be locked up tight for years to come.
Seniors, on average, are more likely to be taken advantage of financially by scammers and fraudsters to the point that, according to Consumer Affairs, more than 3.5 million seniors are victims of financial exploitation every year. Of course, staying vigilant and being cautious about lending your money are both important aspects of protecting your finances, but there is more to keeping your finances safe.
Life Care Services knows that seniors can be vulnerable to scams, but we are here to put the power back into your hands. By following these tips, you can ensure that your finances will be locked up tight for years to come. CLICK HERE to see tips.

Taking care of ourselves can seem like a struggle no matter where we are in age, but as we reach our senior years, there’s a point where meeting our daily needs can become a real challenge. Additionally, many of us are looking for company and companionship as we age and senior living can be a great option to fulfill those desires.
If you find yourself struggling to get through your day-to-day activities or simply want to make new social connections, it might be time to look into senior living options.
Life Care Services knows how hard it is to find a senior living community that can cater to your individual needs. We’ve created this helpful guide to assist you with your upcoming life decision. To learn what to look for, CLICK HERE.

More than 334,000 incidents of elder financial exploitation — the theft or misuse of an older person’s money by someone they know — are reported to authorities in the U.S. each year, causing an estimated $6.3 billion in losses, according to an analysis of federal and state data by Comparitech, a cybersecurity research company.
And those numbers probably underestimate a problem experts say is vastly under-reported.
But experts also say that in most cases, financial abuse can be prevented before it starts. To learn about steps from AARP that you can take to help protect yourself or a vulnerable loved one from financial exploitation, CLICK HERE.