Tag: long-term care

African american woman saves money in piggy bank with a confident expression on smart face thinking serious

Retirement, as portrayed in TV commercials, is the time to indulge a passion, whether tennis, enjoying more time with a spouse, frequent socializing, or civic engagement. Boston University sociologist Deborah Carr isn’t buying this idealized picture of aging. “This gilded existence is not within the grasp of all older adults,” she argues in “Golden Years?…

Paper ships from the flags of the European Union and the UK on a blue background

Older people on both sides of the pond want to leave their house to their children. I sat next to a Brit the other day.  At one moment, the discussion was focused on insuring against long-term care needs and the advantages of using the house as a source of retirement income.  The next moment t…