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With the rising costs of essentials like gas, groceries, medical care and other daily necessities, many people are finding out that their dollars aren't stretching as far as they used to.

In an effort to save money, more than 20 percent of Americans over the age of 50 are cutting back on their healthcare costs, according to new findings from the Employee Benefit Research Institute.

A new study conducted by scientists from the Public Health Research at NORC at the University of Chicago discovered that by replacing the vision acuity screening with dilated eye screenings to save money.

During unstable economic times, older adults should take precautions when planning for their retirements.

Baby boomers are beginning to cross the line into retirement age, and the timing is less than ideal, with the recent recession, the nation's debt crisis and the threat of another recession looming in the near future.

The American Dream used to be all about owning a home, but now things have changed.

During the recession the many people lost their jobs, and the unemployment rate has remained high.

AARP recently launched the Social Security Benefits Calculator, a new service for older adults who are planning their retirement.

The sandwich generation is a term that recently came into widespread usage as baby boomers have not only started taking care of adult children, but also of elderly parents who require more assistance as they age.

A reader recently wrote to New Orleans Business News detailing a familiar situation - the household had a 23-year-old son who had moved back in after college while both grandparents had also moved into the house.

Being a member of the sandwich generation means that taking care of other loved ones is anything but cheap.

It's that time of year again and many baby boomers will be trying their hardest to get in their taxes before the deadline.

For many baby boomers taking care of adult children and older adults, finances can often be a contentious issue.

The costs of caregiving are not just financial, they are also physical.

Retirees may face over $100,000 in medical expenses during their golden years.

Financial coach Charlotte Stallings recently talked with MyFoxHouston about how many families don't discuss their financial responsibilities, even though this is a critical step when planning for the future.

This year will mark the first year since cost of living measures were enacted thirty-five years ago that social security checks were not increased, and 2011 seems to be another year where adjustments won't be made.

Possibly hit by the recession the hardest, the baby boomers are now struggling to make ends meet as they face the problems of job loss, cutbacks and mortgages, according to The Detroit Free Press.

Financial planner Eric Green recently wrote in The Spokesman-Review that there were some steps baby boomers could take in order to save enough money to have adequate retirement savings.

The recession has affected many U.S. citizens, and older adults may be among the hardest hit, especially if their retirement savings run out. SmartMoney.com reports that more senior citizens are undertaking a working retirement than ever before.

Bill Kalmar, writing for SeniorJournal.com, recently discussed a few practical options that seniors who are feeling the pressure of the recession and want to save money in the coming years.

The United States is experiencing an unprecedented trend in baby boomers who are considering putting off retirement plans to continue working. Much of this change has been a consequence of the Great Recession, which has left countless boomers without sources of income in the crucial years before ret

Judith Johnson, a life coach, recently wrote in the Huffington Post that having a discussion about the future of an older parent's money and health can be one of the hardest conversations that an adult child will face.

The Senior Journal recently reported that The Centers for Medicare & Medicaid Services has announced payment changes that will be implemented next year, affecting a sweeping financial plan to increase spending on nursing homes and decrease it for home healthcare agencies.