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

4 min

What do you have to do when you turn 60? Your Comprehensive Guide to the Next Decade

According to the Social Security Administration, the average life expectancy for a 60-year-old is well into their 80s, making this decade a crucial time for planning your future. So, **what do you have to do when you turn 60**? It's a time to take proactive steps to secure your health, finances, and well-being for the years to come.

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4 min

Understanding: What is the lowest age for retirement?

For those born in 1960 or later, full Social Security benefits are payable at age 67. Before making a life-changing decision, it is crucial to understand **what is the lowest age for retirement** and the significant trade-offs involved in claiming benefits early.

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4 min

How do seniors qualify for a bonus? Understanding the 2025 Tax Deduction

Effective for tax years 2025 through 2028, a new temporary tax provision allows individuals aged 65 and older to claim an additional deduction. This is the bonus many seniors are hearing about, but understanding how seniors qualify for a bonus involves navigating specific age and income thresholds, as outlined by the IRS.

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4 min

What does the average 70 year old have in retirement?

According to the Federal Reserve's 2022 Survey of Consumer Finances, the average household retirement savings for those aged 65-74 is over $609,000, yet the median is only $200,000, illustrating significant financial disparity when considering what does the average 70 year old have in retirement.

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4 min

Understanding the Maximum CPP Benefit at Age 70 in 2025

By delaying your Canada Pension Plan (CPP) payments until age 70, you can increase your monthly benefit by up to 42% compared to taking it at age 65. Understanding **what is the maximum CPP benefit at age 70 in 2025** is crucial for strategic retirement planning, especially with recent plan enhancements and inflation adjustments.

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4 min

What is the deduction for seniors in 2025?

Effective for 2025, a new law known as the "One Big Beautiful Bill Act" provides a significant tax benefit for seniors. This major change introduces a substantial new deduction, prompting many to ask, "What is the deduction for seniors in 2025?" and how it impacts their financial well-being.

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4 min

Understanding the Options: What Is the Best Life Insurance for Seniors Over 65?

While premiums for life insurance typically rise with age, seniors over 65 still have numerous viable options to secure coverage. Finding what is the best life insurance for seniors over 65 involves understanding your specific goals and financial situation to select the right policy type, whether for final expenses, leaving an inheritance, or debt coverage.

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6 min

Should seniors get term or whole life insurance? A Complete Guide

According to the U.S. Census Bureau, the population of older adults is growing, making smart financial planning more crucial than ever. When considering options, the question of whether seniors should get term or whole life insurance is a significant one that deserves careful review.

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