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July 29, 2024

Your weekly link to older adult news & information from credible newspaper

and magazine publications, and electronic news media outlets nationwide.

HEALTH:

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Dealing with Diabetes Distress: Living with a chronic disease isn’t easy. But there are ways to manage diabetes to reduce burnout and frustration, anger, anxiety and even depression. Next Avenue, July 22.

 

These Nutrients Can Strengthen Aging Bones: Bone loss is a natural part of getting older, but prioritizing certain foods can help slow the process down. The New York Times, July 22. (Subscription may be required.)

Shingles Vaccine Could Lower Dementia Risk: Older people who avail themselves of the newest shingles vaccine could reap a hidden benefit: A significant drop in their odds of developing dementia. HealthDay News, July 26.

 

What Is Polymyalgia Rheumatica? Polymyalgia rheumatica is an inflammatory disorder that predominantly affects older adults. Though the condition can cause debilitating pain and stiffness, effective treatments are available to manage symptoms. U.S. News & World Report, July 24.

At-Home Colon Cancer Test Can Save Lives: A simple home screening test for colon cancer can reduce the risk of dying from the disease by 33%, a new study shows. HealthDay News, July 26.

Double Mastectomy May Offer No Survival Benefit to Women with Breast Cancer: Many women who develop a tumor in one breast are opting for double mastectomy. Now, a new study finds that treatment decision produced no benefit in terms of long-term breast cancer survival. HealthDay News, July 26.

6 Surprising Things That Age You: Certain lifestyle habits and diet can impact your physical and mental health, but did you know they can also make your body either age faster or slower? Here are several lifestyle factors that affect how old your body is. U.S. News & World Report, July 26.

MEDICARE:

New Medicare Rule Could Disqualify Your Private Plan: If you're delayed taking Medicare because you have employer coverage, changes ahead may disqualify your plan. Kiplinger, July 22.

 

Need a Good Medicare Advantage Plan? They're Tough to Find for Poorer Americans: Medicare Advantage plans are touted as a great alternative to traditional Medicare, offering seniors easier access to doctors, hospitals and prescription drugs. But access to a good Medicare Advantage plan relies heavily on where a person lives. HealthDay News, July 25.

MONEY:

Required Minimum Distributions (RMDs): Key Points to Know: Here are some basics to know about required minimum distributions and how RMDs can impact your taxes. Kiplinger, July 25.

 

7 High-Return, Low-Risk Investments for Retirees: These investment strategies can help retirees balance risk and return to protect capital and generate income. U. S. News & World Report, July 22.

 

How to Get Your Money's Worth from Your Financial Adviser: A good financial adviser will focus on how your financial planning and investment strategy align with your lifestyle and aspirations. Kiplinger, July 22.

IRS Issues Final Rules for Inherited IRAs — But Many Are ‘Missing the Boat’ on Taxes: The IRS has finalized rules on required withdrawals for certain inherited individual retirement accounts and other plans. But heirs could owe more taxes later by only taking minimums now, experts say. CNBC, July 23.

 

Who Will Be the Beneficiaries of Your Wealth? Deciding who you want to inherit your wealth, as well as when and how, is a crucial first step in estate planning. Here are the four beneficiaries to keep in mind. Kiplinger, July 25.

Am I Responsible for Debts from My Deceased Spouse? Talking to debt collectors is probably one of the last things you want to face when you’re grieving. Yet at some point, you may start to receive collection letters or phone calls that you need to address. Bankrate.com, July 23.

 

Common Retirement Financial Fears and How to Overcome Them: Consider financial factors, health care costs and potential lifestyle changes to secure a fulfilling retirement. U.S. News & World Report, July 26.

Money Tips for the 'Sandwich Generation': Learn how to navigate helping to pay for your aging parents' and your children's expenses. U.S. News & World Report, July 26.

RETIREMENT:

Best Places to Retire Overseas in 2024: U.S. retirees who live abroad often look for countries where the cost of living is low, English is spoken and travel home is easy. U.S. News & World Report, July 24.

 

Best Countries to Retire 2024: Costa Rica Tops the List: Costa Rica leads the list of the best countries to retire in the world 2024, according to a new study from International Living. Kiplinger, July 24.

SOCIAL SECURITY:

Most People Don’t Know How Much their Social Security Retirement Benefits May Be. Here’s How to Tell: For most retirees, Social Security benefits is a major source of income. Yet, just 11% of Americans who aren’t retired say they know exactly how much benefits they stand to receive. CNBC, July 25.

Social Security Login Changes Taking Effect Soon: The Social Security Administration will soon transition beneficiary accounts to the Login.gov platform. Kiplinger, July 26.


15 Social Security Tasks You Can Do Online: Why visit a government office to get your Social Security business done? You can do much of that online. Kiplinger, July 22.

LEGAL ISSUES:

The Basics of Estate Planning: Hardly a week goes by without news of a celebrity who died without a will, fracturing families and enriching their attorneys. Maybe you’re smarter than that. Kiplinger, July 23.

 

Estate Planning Strategies to Consider as Election Nears: Are big changes in tax laws coming soon? Not likely, but you might want to take advantage of higher estate and gift tax exemptions well before the end of 2025. Kiplinger, July 23.

Estate Planning Got You Down? Start with a Will: Start with a will when you're feeling overwhelmed by estate planning. Kiplinger, July 25.

HOUSING:

Kitchen Ideas for Aging-in-Place: There are a number of small improvements and simple modifications you can do that can make a big difference in making your kitchen safer and easier to maneuver as you age in place. The Oklahoman, July 23.

 

Retired and Still Paying a Mortgage? You May Want to Reconsider: Age-old wisdom instructs that a home is a good investment for Americans of any age. But what if you are retired and still paying it off? USA Today, July 24.

How to Find the Best Retirement Community for You: A retirement community can be a great option as you age. Here's how to find the right one for you. Kiplinger, July 26.

CAREGIVING:

How to Hire a Caregiver: Tips for Finding the Right Fit: When a loved one needs a little (or a lot of) help, take heart. You have options. Here's where to start looking for the support you need. Kiplinger, July 27.

END OF LIFE:

How to Prepare for End of Life: Medical Planning and Paperwork: Getting your affairs in order and starting end-of-life planning sooner rather than later will ensure your wishes are met when the time comes. U.S. News & World Report, July 23.

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