The Guide to Reverse Life Insurance

 

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Reverse life insurance is the process of selling your life insurance to an investor for an upfront settlement. With the growing popularity of these insurance transactions, Ovid put together this quick and nifty reverse life insurance guide. Most people don’t realize they have this important hidden asset and that they can sell their life insurance just like their house or their car. Start with this article to figure out if it makes sense for you to get paid for your life insurance. If you’re looking for more information then, read this life settlement guide.

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6 Smart Ways to Pay for Cancer Treatment and Care

 

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A cancer diagnosis is among the worse of life-changing health-related diagnoses a person can receive. In addition to wondering about their own mortality, there are so many other questions at play. Everything from treatment options to how to tell family and friends becomes a question in need of an answer. At the top of the list are the financial concerns that come along with treatment.

Even with insurance, fighting cancer is a costly endeavor because insurance doesn’t cover everything, according to the American Cancer Society. In fact, the American Cancer Society states that even insured individuals may have to pay up to 25% of the cost of expensive oral chemotherapy drugs, for instance. According to NerdWallet, the cost of chemotherapy – the most common and effective way to fight cancer – costs $108,000 in the first year for women and $115,000 in the first year for men. Then, there are the costs for supplemental medications, radiation (if necessary), living expenses (since most people cannot work full-time while going through treatment) and any other complementary therapies used to fight the disease.

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Steps to Getting a Mortgage as a Senior

 

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Many seniors expect that by the time they reach a certain age, the process of getting a mortgage will be a thing of the past. However, financial circumstances may dictate otherwise. Some seniors don’t purchase a home until later in life; others may opt to downsize into a small home, which necessitates the need for a mortgage. Getting a mortgage as an older individual can present some unique challenges – the biggest being the fact that most seniors do not have a salary. Understanding just what those challenges are going into the process can help a senior to get the best mortgage for their specific situation.

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These Five Amazing Athletes Redefine What It Means To Be a Senior Citizen

 

These Five Amazing Athletes Redefine What It Means To Be a Senior Citizen

The picture often painted of senior citizens is one of a grandmother or grandfather type sitting around waiting for family members to stop by for a visit. However, this is no longer an accurate depiction. Today’s seniors are more active than ever before, discovering that they have the energy, gumption and willingness to try new things in their older age. As such, there are a number of very competitive and highly-regarded senior athletes that are making the case for being active in old age.

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It’s Not Easy Selecting a Medical Alert System

 

How to Select the Right Medical Alert System

In May, we mentioned that all seniors should have a fall detection wearable. These wearables can detect if you or a loved one has had an accident and notify the appropriate caregivers and authorities of the accident. The broad category of these devices is called “medical alert systems“. Unfortunately, it’s quite difficult to select a medical alert system. There are dozens of products out there, each with dozens of features. Our focus today is providing some clarity on what these systems do and how to think about selecting the best one for you.

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5 Health Tips You Should Start Doing Today

 

5 Health Tips You Should Start Doing Today

Happy Fourth of July! We are back this week with tips on health and wellness. One thing we’ve heard from you is that you really appreciate articles where the to-do’s and tips are clearly actionable. Unfortunately there are many articles out there that are too general and leave readers confused. So we’ve gathered some of the best tips that we’ve seen and have heard from the experts into a list of actionable tips you can start doing today!

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7 Safety Tips For Seniors That You Need To Know

 

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As we age, the potential for injury increases and our bodies’ ability to rehabilitate decreases. It’s a crucial to evaluate ways that we can remain safe and live out our golden years without accidents. Over the past weeks, our team has been scouring the internet for the best list of actionable tips. Here is what we’ve found. We hope this will be helpful in keeping you safe!

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You Won’t Believe Where These Seniors Are Vacationing!

 

One of the best things about retiring is getting away from the hustle and bustle of a daily schedule. Travel, in fact, is generally at the top of most retiree bucket lists. Today’s seniors are not just limiting their travel to the few budget-friendly, one-tank trips around the local region. They are venturing out further, seeking adventure at every turn. In fact, read on to find out where today’s seniors are having fun and enjoying their golden years.

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6 Ways to Make Money in Retirement

 

Work from home gigs are perfect for retirees that want to slow their pace, but need to put a few extra dollars in their pocket each month. However, choosing the ones that are legitimate and a good fit for a retiree can be a challenge. After all, there are a number of work at home scams that can cost you precious monthly income only to get nothing in return. Consider these more legitimate ways to add some cash to a monthly fixed income after retirement:

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9 Apps that Keep Seniors Connected and Healthy

 

Technology for Seniors

We now know that over half of 65+ adults use the Internet, and this number is steadily on the rise. With a steady increase in mobile options, including tablets, smartphones, and e-readers, the older population in America is gradually becoming more tech-savvy. According to data from the Pew Research Center, 27 percent of the 65+ seniors living in America own tablets or e-readers, while 18 percent own smartphones. For this tech-savvy elder population, there are a variety of applications designed to help them stay socially connected and physically healthy as they age.

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