Tag: retiree

Senior couple having breakfast in kitchen stock photo

The conventional wisdom for older workers heading into retirement is that owning a house is a good thing. The property has no doubt appreciated over many years, adding to their wealth.  But new research finds that homeowners often strain to a pay a mortgage that is larger than what they can realistically afford. The essenc…

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The stories are harrowing. In complaints to the federal government, retirees describe the costly errors in medical billing that they struggle, often unsuccessfully, to straighten out. One low-income person was told, during his cancer treatments, that they weren’t covered when in fact the hospital wasn’t processing his Medicaid coverage. Another retiree submitted letters to a…