You’re over 50. You have built up a lot of equity in your home, and your life savings is finally gaining some critical mass. And yet, your odds of being rejected for a refinancing mortgage start going up rapidly after age 50 and really accelerate around 70, according to a study by Natee Amornsiripanitch at […]
As workers age, poor health or disabling physical conditions can interfere with holding down a job. Sometimes people are forced to quit working if things get really rough, whether they’re ready to retire or not. But race also figures into this predicament, because workers of color are already in poorer health and tend to have […]
The remote work necessitated by COVID may be here to stay in five English-speaking countries from Australia to the United States. That’s the conclusion from a study of 250 million online job ads – nearly half of them in this country. The number of postings in January that offered remote work for one or more […]
It’s been well documented that the COVID recession and layoffs in 2020 were particularly hard on Black, Hispanic, and Latino Americans. But if they had a disabling physical and medical condition, they felt it much more. In a new study examining the cumulative impact of having a disability combined with the disadvantages of being an […]
The types of long-term care located in various communities are largely driven by what their oldest residents can afford. This has created stark differences in what’s available to White and minority retirees, a new study finds. Assisted living facilities, despite the high cost, have been the fastest-growing part of the long-term care industry over the […]
Do you know the main reason Americans slip into homelessness? Are you aware of the roots of this longstanding crisis? The best way to counter negative views of homelessness is to develop a better understanding of why it exists and who it affects. The Urban Institute has put together a quick quiz to explore an […]
COVID has moved from a central place in our lives to a risk that, while still important to heed, has moved out of the foreground. One thing we will not forget, however, is COVID’s toll on nursing homes and other long-term care facilities, where the virus has killed more than 200,000 older Americans and staff. […]
It’s not unusual for Black and Latino children to live with their grandparents, who are either the primary caregivers or members of a multigenerational family. And just as the grandparent is integral to the family unit, so are the Social Security benefits the grandparent receives and contributes to the household. The poverty rates in families […]
Here’s something you should know about Medicare Advantage plans: the vast majority of these insurance policies require prior approval before a person can receive some medical treatments and services. Historically, that was not the case, and prior authorizations are still very unusual for people who are enrolled in original Medicare and a Medigap supplement. But […]
Nearly half of the people receiving federal disability benefits have a psychiatric impairment that interferes with working. And they tend to be younger and more willing to work than other disability beneficiaries. This makes them good candidates for employment support programs that encourage working at least part-time and might even prevent them from applying for […]
