Medford musician fights eviction from home of 70 years

Joe Lentino, retired trombonist, took a reverse mortgage in 2007 to settle some debts. When he began unemployed, he missed some tax payments on his house. Many seniors in Massachusetts face difficulty in paying their property taxes due to rising home values and fixed incomes; many Massachusetts communities offer tax relief through tax deferral programs in which lets homeowners over age 65 postpone paying taxes until after their houses are sold. The mortgage company refuses to sign-off on Lentino’s tax-deferral request which has left Mr. Lentino in limbo. He is currently waiting to move to Medford’s senior housing. The fate Continue Reading

Startups focusing on aging have a home in new Kendall Square incubator

Agency, a new business incubator located in Kendall Square, is attracting an intergenerational mix of entrepreneurs who are working on projects that make aging less disruptive and more fulfilling for older adults. Agency wants to accelerate the velocity of progress with the aim of commercializing products and services to help the world’s aging populations and their families and care partners. For more information, follow our link to the Boston Globe. The name of Boston’s Commission on Affairs of the Elderly has been officially changed to the Age Strong Commission. By Robert Weisman | Boston Globe. CAMBRIDGE — Business incubators tend Continue Reading

Who are you calling senior? For older folks, some terms are fast becoming radioactive

As boomers age, many object to being labeled as “senior citizen” or “elderly” which convey the negative aspects of growing old. The AMA (American Medical Association) is following the lead of the American Geriatrics Society; both have adopted “older adults.” Others have shortened older adult to simply “olders” or “perennials” a sly nod to millennials. For the complete article, follow our link to the Boston Globe. The name of Boston’s Commission on Affairs of the Elderly has been officially changed to the Age Strong Commission. By Robert Weisman | Boston Globe. Jill Tapper knew she’d made a mistake at the Continue Reading

Older people don’t get enough help, study says

John Hopkins University released results from their recent study which focused on how older adults respond to changes in physical function. One third of older adults who live in the community, nearly 13 million seniors, have a substantial need for assistance with daily activities such as bathing, eating, getting dressed, using the toilet, transferring in and out of bed or moving around their homes. In addition to using assistive devices like canes, raised toilets and shower seats, the study showed increasing need for paid/unpaid help in the older population. Sixty percent of seniors surveyed used at least one device; this Continue Reading

Who is your support system as you age?

For most people, it is their children but those who are childless are faced with creating their own support network to help them negotiate housing, social-service and health care options in addition to legal and financial considerations. One of the first steps is for “elder orphans” should take in creating their support system is to hire an elder law lawyer who can draw up documents that will protect them if they become incapacitated. For more advice about how to plan for your later years, follow our link to the NYT article. Single? No Kids? Don’t Fret: How to Plan Care Continue Reading

Short-Term Care Insurance: An Alternative to the Long-Term Care Variety

A little-known insurance option can be an answer for some people who might need care but are unable to buy long-term care insurance. Short-term care insurance provides coverage for nursing home or home care for one year or less. As long-term care premiums rise, short-term care insurance is gaining in popularity. This type of insurance is generally cheaper than its long-term care counterpart because it covers less time. Purchasers can choose the length of coverage they want, up to one year. According to the American Association for Long-Term Care Insurance a typical premium for a 65-year-old is $105 a month. Continue Reading