September 2015 edition


Have The Postman Check On Grandpa?

In these days of the Internet and e-everything, it shouldn’t be a surprise that the Postal Service is having a hard time making ends meet. In fact, they’ve lost over half-a-billion dollars in the last three months alone. As part of a new proposal to fix their budget, the Inspector General has included plans for a number of services where you could pay the postal service to have the mailman provide services to your elderly relatives. This could include everything from stopping by to check on their health, to delivering groceries, to helping them set up new appliances.


Seniors to Win with Upcoming Fed Rate Hike


Well, OK, maybe not all seniors; but seniors who supplement their social security income with interest on their savings are likely to do well. Higher interest rates are bad for borrowers, but they’re good for savers. Raising of interest rates is largely being contemplated as a tool to stop inflation. To be sure, a 1/4 basis-point raise won’t increase the amount of money seniors get from their savings accounts, but it may well make global commodities (like oil) cheaper, which makes everything cheaper for those who aren’t paying interest.


Chinese Seniors … Pole Dancing?

This blog often talks about the importance of exercise as we get older, but this is something even we didn’t expect. To be sure, “pole dancing” as a form of exercise has taken the U.S. by storm the last 5 or 6 years, but even we didn’t expect it to take off with the senior set. But sure enough, we came across this post covering a septuagenarian from Chengdu, China engaging in the sport. She even got on “Asia’s Got Talent”! The pictures of her routines are quite amazing. Here’s wishing we all look that good when we’re 70!



Start Eating Right, Right Now


As much as this blog has been harping on about being careful while engaging in activities, increases in split-and-fall accidents, etc…, etc…, the truth of the matter is, you folks all seem to be much healthier than you used to be. Over the past 15 years, deaths, hospital stays, and healthcare costs have all decreased for America’s elderly. In fact, the rates have fallen so much that there have been literally millions of fewer people hospitalized than there would have been had the rates from 1999 held out. Here’s to your health!


AARP Getting A Run for Its Money?

Almost everyone is familiar with the AARP, but it’s not the only choice out there. In 2005, Jeff Barton founded a competing institution, which came to be known as the American Seniors Association. With an activist agenda focused on Medicare, Social Security, and tax reform, the ASA is often viewed as the “conservative answer” to AARP. It provides a wide variety of services, such as insurance, an auto club, travel benefits, and discounts on prescriptions. Depending on your views, they may be worth giving a look.



Old Age Warehouse, or Home for An Old Person?


Trudy Lieberman recently had a chance to visit Denmark. While European socialism is generally frowned upon in the U.S., the fact of the matter is, at least in some countries, it results in much better care for the elderly. She compares and contrasts the ratings of nursing homes in the U.S. vs. Denmark, citing recent data from the Centers for Medicare and Medicaid Services. But she goes on to point out that it’s not just the money, it’s the attitude one takes towards what the place is. Do we really think of them as a “home”?


Death by Heart Disease Is Down!

It looks like you guys have been doing a good job of taking care of yourselves. The August edition of Circulation reports that amongst elderly Americans, death by heart disease has fallen precipitously over the past four decades. Now if we can just get those young folk to follow your example. The same study indicates that the rate of heart disease among the youth is flat, and attributes it especially to the rising rates of obesity and diabetes in that demographic.



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Since 2002, Mario and STC Loans
have been servicing the senior community throughout Florida. World class customer service, continuous contact with our clients, and exceptional knowledge of the Reverse Mortgage industry is what fuels our company. And at STC Loans, you will find a fully bilingual staff: English and Spanish.

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service to our customers. As a result, our valued customers, colleagues, and friends refer their family members, coworkers, neighbors and other people they know to us for advice on any aspect of reverse mortgage financing. It is our burning desire to build a business based on strong, lasting, lifelong relationships, one person at a time, through confidence and trust.