A new report from Transamerica highlights predictions of how retirement planning is set to change in the next few years, as technology continues to evolve.
Up until now, Florida nursing homes have remained largely the same, but things are about to change for the better. John Knox Village is opening the state’s first Green House long term care facility in Pompano Beach.
The retirement community has plans to begin construction on the new home next year.
Retirement brings about a number of costs, some expected and some unexpected. Health care costs seem to be the one expense that few people are financially prepared for, largely because many people assume health insurance or Medicare will foot the bill.
Joining the ranks of numerous other long term care insurance providers, Manulife announced last week that they will be seeking rate increases on policies. Executives at the company discussed the upcoming move in their third quarter earnings call on Thursday.
A survey conducted by Genworth found that most consumers are unaware of the true cost of retirement and have false confidence about their target retirement age. The findings of the study were released this week and showed a serious gap between expectations and reality when it comes to retirement.
Curing diseases like Alzheimer’s with lasers might sound far fetched but a new study out of Europe suggests it might be an option, and a less harmful one, too. Scientists at Chalmers University of Technology in Sweden and the Polish Wroclaw University of Technology published their research about photo therapy lasers and the brain in Nature Photonics this week.