Skip to content
Healthy Aging Hub

:

Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

3 min

Are assisted living care fees tax deductible? A comprehensive guide

According to a 2025 estimate by Genworth, the average annual cost of an assisted living community was approximately $64,200. Many families wonder, are assisted living care fees tax deductible? The answer is yes, under specific circumstances, as a medical expense deduction. This guide will help you understand the IRS rules and how to determine your eligibility.

Read Healthy Aging
3 min

What is the extra standard deduction for seniors over 65 in 2025?

For tax year 2025, eligible seniors can receive a substantial tax benefit, including a new $6,000 "bonus" deduction. Understanding what is the extra standard deduction for seniors over 65 in 2025 is crucial for maximizing your tax savings and financial planning.

Read Healthy Aging
3 min

What is the retirement thing called? A guide to pension plans, 401(k)s, and IRAs

According to the Social Security Administration, the average monthly retirement benefit in August 2025 was about $2,008. Whether you're aiming to supplement this income or become financially independent, understanding **what is the retirement thing called** is the first step toward securing your future. This guide explains the key terms and plans you need to know.

Read Healthy Aging
4 min

Where is the cheapest and safest place to retire in the United States?

According to a 2025 Bankrate study, New Hampshire was ranked the best state for retirees due to high scores in safety, healthcare, and taxes. When asking, "Where is the cheapest and safest place to retire in the United States?", the answer requires balancing these two competing priorities, as the most affordable locations may not always be the safest, and vice-versa.

Read Healthy Aging
4 min

What is the biggest mistake in retirement? The surprising truth about lifestyle inflation

According to a 2022 Natixis Global Survey of financial professionals, 49% of advisors consider underestimating the impact of inflation the most common mistake people make when preparing for their later years. In reality, the answer to "What is the biggest mistake in retirement?" is more complex, often pointing to a combination of misjudgments, with lifestyle inflation and underestimated healthcare costs at the forefront.

Read Healthy Aging
5 min

What Does a Single Person Need for a Comfortable Retirement? A Comprehensive Guide

According to the U.S. Bureau of Labor Statistics, the average retiree household spent over $60,000 in 2023, with housing and healthcare being top expenses. For a single person, building a secure and comfortable retirement involves a distinct set of considerations beyond just the financial, including planning for a robust social life and managing all financial responsibilities alone.

Read Healthy Aging
2 min

How much does long-term care typically cost?

According to a 2024 survey, the annual national median cost for a private nursing home room is $127,750. Navigating the financial landscape of long-term care is crucial for families, and understanding how much does long-term care typically cost requires examining various care settings and their associated expenses.

Read Healthy Aging
4 min

What do middle-aged people struggle with? A comprehensive guide

According to a 2021 study, middle-aged Americans (ages 40-65) reported more daily stress and poorer physical and psychological well-being compared to same-aged adults in the 1990s. So, what do middle-aged people struggle with and how can these challenges be managed? From physical health declines to shifting family dynamics, the midlife period presents a unique set of obstacles that require new strategies for adaptation.

Read Healthy Aging
Load More