Dear Savvy Senior, What tips or resources can you recommend to help elderly seniors extend their driving years? My dad, who’s 82, is still a decent driver, but I worry about his safety going forward. Inquiring Daughter Dear Inquiring, With more than 40 million licensed drivers in the U.S. over the age of 65, there are lots of resources available today to help keep older drivers safe and behind the wheel longer. Here are some simple steps you can take to help keep your dad driving safely. Get his eyes checked: Because about 90 … [Read more...] about Helping seniors extend their driving years
Dear Savvy Senior, What are the warning signs for glaucoma? My 65-year-old brother lost some of his vision because of it but never had a clue anything was wrong. Could I be at risk too? Concerned Sister Dear Concerned, It’s called the “silent thief of sight” for a reason. With no early warning signs or pain, most people that have glaucoma don’t realize it until their vision begins to deteriorate. Here’s what you should know. Glaucoma is a group of eye diseases that can damage the optic nerve and cause vision loss and … [Read more...] about Could you have glaucoma?
Dear Savvy Senior, Can I deduct my Medicare premiums, deductibles and copayments on my income taxes? I had a knee replacement surgery last year and spent quite a bit on medical care out-of-pocket and would like to know what all I can write off. Frugal Dave Dear Dave, The short answer is yes, you can deduct your Medicare costs but only if you meet certain conditions required by the IRS. Here’s how it works. As a taxpayer, you’re allowed to deduct many medical and dental expenses as well as your Medicare out-of-pocket costs. … [Read more...] about Can you deduct Medicare costs on your income taxes?
Dear Savvy Senior, I will turn 65 in a few months and will be enrolling in Medicare, but I am concerned about Medicare’s coverage of dental care. Does Medicare cover dental procedures? And if not, where can I get dental coverage? Almost 65 Dear Almost, Medicare’s coverage of dental care is extremely limited. It will not cover routine dental care including checkups, cleanings, or fillings, and it won’t pay for dentures either. Medicare will, however, cover some dental services if they are required to protect your general health, … [Read more...] about Does Medicare cover dental care?
Dear Savvy Senior, I know there will be a small 2.8 percent cost-of-living increase in Social Security benefits next year but what about Medicare? What will our Medicare Part B monthly premiums and other Medicare costs be in 2019? Curious Jim Dear Jim, The Centers for Medicare and Medicaid Services recently announced their cost adjustments for 2019, and you’ll be happy to know that the standard Medicare Part B monthly premium for most beneficiaries starting in January will be $135.50, a modest increase of just $1.50 per month … [Read more...] about What you’ll pay for Medicare in 2019
Dear Savvy Senior, Can you provide some tips on how to protect seniors from financial scams? My 76-year-old aunt was recently swindled out of $25,000 and I want to make sure my own mother is protected. Concerned Daughter Dear Concerned, Financial scams that target the elderly continue to be a huge problem in the U.S. In fact, it’s estimated that one in five Americans over age 65 are scammed out of roughly $36 billion every year. Here are some tips that can help you spot a scam, and what you can do to protect your … [Read more...] about Can you provide some tips on how to protect seniors from financial scams? My 76-year-old aunt was recently swindled out of $25,000 and I want to make sure my own mother is protected. Concerned Daughter
Dear Savvy Senior, Do you know of any resources that help family caregivers monetarily? I have to miss a lot of work to take care of my elderly mother and it’s financially stressing me. Stretched Thin Dear Stretched, Caring for an elder parent can be challenging in many ways, but it can be especially difficult financially if you have to miss work or quit your job to provide care. Fortunately, there are a number of government programs, tax breaks, and other tips that may be able to help you monetarily while you care for your … [Read more...] about Financial aid for family caregivers
Dear Savvy Senior, What’s the best way to find good, trustworthy, qualified people who can help seniors with home chores or small jobs? Looking for Mom Dear Looking, Getting help at home for any number of household tasks is a lot easier than it use to be thanks to a number of web-based tools that can quickly and easily connect you and your mom to a wide variety of skilled, carefully vetted workers. Here’s what you should know. Finding Qualified Help One of the best ways to find qualified, reliable, trustworthy people that … [Read more...] about Where seniors can get help with home chores and small jobs
Dear Savvy Senior, Can my Social Security benefits be garnished if I have some outstanding debts? I just turned 62 and would like to start collecting my retirement benefits, but want to find this out before I apply. Worried Retiree Dear Worried, Whether your Social Security benefits are garnishable or not depends on whom you owe. Banks and other financial creditors, for example, can’t touch your Social Security checks. But if Uncle Sam is collecting on a debt, some of your benefits are fair game. Here’s what you should … [Read more...] about Can a debt collector take my Social Security benefits?
Dear Savvy Senior, What’s the difference between Alzheimer’s disease and dementia? My aunt has dementia, but they don’t know if she has Alzheimer’s disease, which is very confusing to me. Trying To Understand Dear Trying, Many people use the words “Alzheimer’s disease” and “dementia” interchangeably, but they are not the same thing. In fact, you can have a form of dementia that is completely unrelated to Alzheimer’s disease. Here’s what you should know. Dementia versus Alzheimer’s Dementia is a general term for a set of … [Read more...] about What’s the difference between Alzheimer’s and dementia?