Retirement: Yesterday, Today and Tomorrow

It’s safe to say that your retirement will bear little resemblance to that of your grandparents—and even your parents. The world has changed so much in the past 20 years that even the savviest prognosticators couldn’t have predicted all changes in society and technology that have transformed our daily lives. We now know there is no turning back from the life we’ve become accustomed to, but it begs the question: What’s next?

Sneaky Scams

Work-at-home and make $500 dollars a day, lose 30 lbs. in one week, and the secrets of becoming financially secure for the price of shipping and handling all “risk free.” Hawai‘i’s Better Business Bureau (BBB) warns against offers that claim a “risk free” trial but takes your payment information up front. Many consumers allege that after providing credit card or banking information that they are bombarded with fees and other charges before the free trial is over.

Divorced? Youʻre not separated from Social Security

If you are divorced, there are several things you should know about Social Security. A divorced spouse may be eligible for benefits on more than one work record—such as one’s own record and an ex-spouse’s record. This applies to both divorced men and women. If you’ve never asked Social Security about receiving benefits based on your ex-spouse’s work, you should consider it. Some divorced people may get a higher benefit based on their ex’s work.

Survey Says: Seniors Arenʻt Ready to Age

An AARP survey of Hawai‘i residents age 50 years old and over shows a gap between the importance they place on health and financial security and their confidence in meeting those needs. More than 9 out of 10 older residents in Hawai‘i say staying healthy, mentally sharp and having adequate health insurance coverage are extremely or very important to them. Yet only 3 out of 10 say they have everything they need relative to these concerns.

Nā Tūtū – Grandparents Raising Grandchildren

For generations grandparents in Hawai‘i have helped raise their grandchildren while the parents worked the farms or harvested the crops. While things changed in modern Hawai‘i, the tradition continued as busy parents headed off to work, grandparents often took the grandchildren to school or after school activities. And, by the late ’90s, many grandparents found themselves caring for their grandchildren on a full time, 24/7 basis.

Lanakila, a Place to Thrive

Given the rapidly growing senior populace, Catholic Charities Hawai‘i remains dedicated to creating and providing services that keep seniors engaged and independent. Services include case management, transportation, chore and housekeeping, affordable housing, respite for caregivers, socialization and volunteer opportunities.

Senior Tuition

SECOH, a private, not-for-profit provider of adult day care services, is offering tuition assistance to individuals 65 and older who are in need of but can’t afford out-of-home Adult Day Care services. The tuition assistance is made possible by a generous grant from the May Templeton Hopper Fund administered by the Hawai‘i Community Foundation.