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The difference means that nearly 6 million older adults are struggling to make ends meet. Apply for food benefitsPixelseffect | E+ | Getty ImagesMany seniors aren't taking advantage of all the food assistance available to them, experts say. A 2015 study found that less than half of eligible seniors participated in the federal Supplemental Nutrition Assistance Program, or SNAP. In addition, those enrolled in Medicare Part D, which covers prescriptions, should look to see if they qualify for Extra Help. The council also has a guide called You Gave, Now Save, including information on the most generous benefits that help older people with expenses like their phone bill and property taxes.
The survey ranked 182 cities based on four key categories of equal weight: affordability, activities, quality of life and health care. When it comes to the best cities to spend your retirement years, the Sunshine state takes nearly half of the top 10 spots, according to WalletHub's 2022 Best and Worst Places to Retire survey. Additionally, if you'll be living on a fixed income in retirement, be sure to plan your expenses and lifestyle accordingly, Wolske says. One of the biggest retirement planning mistakes people make is not properly preparing for additional medical expenses, Wolske says. A 65-year-old couple retiring in 2022 can expect to spend an average of $315,000 in health-care and medical expenses in their retirement, according to Fidelity Investment's August estimate.
Hinterhaus Productions | Digitalvision | Getty ImagesIt's that time of year, when workers get to make some decisions about their employee benefits. Many companies are beginning to hold their annual open enrollment period, which is when employees can sign up for 2023 health insurance — as well as consider other benefits, if your employer offers them. Some may offer extras like supplemental life or disability insurance, pet insurance or help with education costs. "People tend to [review] their benefits very quickly," said Paul Fronstin, director of health benefits research at the Employee Benefit Research Institute. For 2023, the annual cap on HSA contributions is $3,850 for self-only coverage and $7,750 for family coverage.
Her job in Atlanta, Georgia, came with a lot of perks, but it also felt grueling. After traveling to about 40 countries, Wynter settled in Lisbon, Portugal, in mid-2020, to live "my most freeing life," she says. Sharolyn Wynter says she immediately fell in love with Lisbon her first time visiting the city on vacation in 2017. Living 'my most freeing life' in Lisbon"This is the moment in my life when I've made the least amount of money," Wynter says. The article "Millennial in Atlanta Quits $180,000 Job, Moves to Lisbon: ‘You Get a Lot of Bang for Your Buck Here’″ was originally published on Grow (CNBC + Acorns).
The following is a preview of one Insider Intelligence Health report, The Digital Health Ecosystem . Key digital trends in the health ecosystemWhat is digital health? While the healthcare industry was slow-moving when it came to digital solutions, COVID-19 upended the entire health ecosystem, including insurance, healthcare delivery, and pharmaceutical spaces. Telemedicine is a growing part of the digital health ecosystem. Health ecosystem forecast for 2021While some aspects of the healthcare ecosystem are tough to predict moving forward, one thing is certain: digital healthcare is here to stay.
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