Finance

Kennedy’s original idea was to give families some financial breathing room. Most families cannot afford to hire a home health aide for a frail elder, let alone pay nursing home bills. Care is usually provided by family members, often a spouse who may also have health problems.

On the heels of a new report showing the top scam in Massachusetts involves debt collection, the AARP Fraud Watch Network offers tips so you can learn how to protect yourself from the five top scams reported by Massachusetts residents in 2015. According to the FTC’s Consumer Sentinel Network Data Book, of the 46,414 Massachusetts complaints recorded last year, 37,884 were fraud-related, ranking the Bay State at number 22 of 50 states.

(NAPSI)—With each generation’s expected retirement time growing longer and longer, you may need to plan for 20 to 30 years of life after you...

Helping you navigate your finances as you plan for retirement   By Bonnie Adams, Managing Editor Marlborough - Last December the U.S. Congress passed, and President...

By Alain Valles, CRMP The Reverse Mortgage rules changed Oct. 2. For the past 25 years, reverse mortgages have allowed hundreds of thousands of homeowners...

President Barack Obama’s recent recommendation that all Americans get living wills resonated with those who have been urging the same thing for years.

A recent survey by Merrill Lynch found that health care expenses were the number one retirement worry among people preparing to retire. Three out of five retirees surveyed said they were forced to retire earlier than expected due to a health problem.

“Express Scripts, a pharmacy benefits manager, has a near-majority market share and will benefit from an aging population, more generic drugs and society’s need to lower health-care spending,” said Paul Larson, Morningstar equities strategist.

The bright side of selling a home in a down market is you get to seek your own bargain if you’re going to buy after you’re done. Closing a sale, however, can be teeth-grindingly slow if you don’t do everything right — and maybe even if you do.

The Oxford Dictionary defines “attribute” as a “quality or feature regarded as a characteristic or inherent part of someone or something.” Attributes are rarely all good or all bad but depend on how the attribute is used. This specifically applies to reverse mortgages.