Eligibility for government programs that help the poor is a moving target, and eligibility can vanish if the recipient’s income rises.
Home is where the money is for many middle-income people who are struggling with retirement planning. While many boomers don’t have big retirement savings funds and their pensions are skimpy or non-existent, even after the real estate meltdown, their homes are still a big asset. The National Council on Aging has set up a website,
For many, retirement brings serious financial challenges. If that’s true for you, here’s some information to factor into your retirement planning. More than 80 percent of people 60 and older with incomes that are less than 250 percent of the federal poverty level are eligible for – but not enrolled — in one or more