Holiday Blues Among Baby Boomers And How To Deal With It

Holiday Blues Among Baby Boomers And How To Deal With It

Christmas has long been considered as the merriest time of the year. It is something that kids look forward to with expectations that Santa Claus is coming aboard his sleigh to bring gifts. Millennials are rushing for late minute Christmas shopping. For Florida boomers, however, it could be a different story. The truth is anyone can experience “holiday blues” this yuletide season. But there are fears seniors are more likely to deal with it. The American Medical Resource Institute has revealed that more than 6 million people over age 65 are struggling with depression. And depression can happen anytime, even at Christmas. The AARP Foundation has warned that prolonged isolation is not a good thing for senior family members. It has the equivalent health effect of smoking 15 cigarettes in a day. Seniors who live away from their loved ones have the tendency to feel alone especially if they do not read any senior living magazine, socialize or do not any have forms...
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Changes in Social Security Benefits, 2018

In October, the Social Security Administration announced a 2% cost-of-living adjustment, or “COLA,” for Social Security payments in 2018. This increase will raise the average Social Security benefit by a little over $27 per month or about $329 a year. There had been no change in 2016 benefits and only a 0.3% increase in 2017. This is the largest cost-of-living adjustment in the past 5 years, but many senior advocates have pointed out that this COLA, like others in the past, will not cover the increasing cost of common senior expenses, especially health care. How are Social Security “COLA” increases calculated, and why are they not keeping pace with the increased expenses seniors must bear? COLAs are based on the Consumer Price Index, a government statistic tracked by the United States Department of Labor. The Consumer Price Index (the CPI) is based on data from eight spending categories, including medical care and housing. Seniors know very well that the cost of medical...
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‘Stuff’ the Children Don’t Want

Seniors may remember a 1970’s comedian named George Carlin. Carlin had a famous comedy monologue about people and their ‘stuff’ in which he observed that a person’s house is just a place for them to keep their ‘stuff.’ When the house becomes too small to contain all the existing stuff, they buy a bigger house and fill it with even more stuff. This goes on until, inevitably, the children are grown and the couple decides it is time to downsize. But what do they do about the once-valued objects they have accumulated? As seniors mature, they are often surprised to find that their children have no desire at all to have the treasured possessions they have amassed. This includes not only obsolete electronics or expensive furniture, but frequently heirlooms that have been in the family for decades or even generations. Names like Wedgewood, Lenox or Waterford just do not register with young people the way they did in the past. If...
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