Researchers, Stephanie Moulton, Caezilia Loibl, and Donald Haurin, from The Ohio State University shared study background and findings for their research on “Debt Stress and Mortgage Borrowing in Older Age: Implications for Economic Security in Retirement”, which was funded through the Social Security Administration’s Retirement and Disability Research Consortium.
One in three 65-year-olds will require long term care at some point in their lives. Medicaid currently covers nursing home expenses for 6 out of 10 residents. Not all those who require care need enough help to justify moving into a nursing home, but in many states Medicaid will not pay for care received at home. In these states, moving into a nursing home is the only way to get help paying for care.
On July 30th, 2019, AFN presented it’s Ask the Author with Hallie Leinhardt, Center for Financial Security sharing on findings revealed from the 2019 Financial Coaching Census.
After 3 waves of coaching censuses between 2015-2019, we know a lot about the coaching field, and we’re excited to share the trends and their implications.
We discussed webinar to find out what these trends mean and what is called for moving forward:
The Center for Financial Security held a webinar on December 11, 2018, which explored the results of a new pilot project conducted by NeighborWorks America, which looked at using resident services in multifamily rental housing as a platform to help people achieve financial well-being.
The Center for Financial Security held a webinar on November 14, 2018, which explored findings from a new study that examines the relationship of reverse mortgage borrowing with older adults’ satisfaction with their financial situation, housing, health, and daily life/leisure as well as with life as a whole. Cäzilia Loibl, researcher from The Ohio State University, discussed the study objectives, methodology, findings, and implications. Discussants from ESOP (Empowering and Strengthening Ohio’s People), a subsidiary of the Benjamin Rose Institute on Aging, shared their practitioner perspectives on the broader subject of older adult financial security, housing, and the issues that face older adult populations in reaching financial well-being and overall life well-being.
