Aging in America: The most common misconceptions about aging

In this episode of Decoding Retirement, America’s definitive voice on retirement, Robert 'Bob' Powell, and Care Right Inc. Founder Annalee Kruger break down misconceptions about the aging process and caregiving, aging in place, vulnerabilities in elder care, long-term care insurance, the critical role of caregivers, aging plans, and more.

How does Social Security determine what the cost of living adjustment (COLA) will be on my Social Security benefit? Find out in our special segment, Ask Bob, where Bob answers the most common retirement and investing questions from our listeners.

Retirement planning doesn’t mean locking up your money for a rainy day and forgetting about it. Planning your future means reacting to events today. Decoding Retirement gives you the tools to navigate the years ahead, and take action now! Each week, Robert 'Bob' Powell will dissect the big headlines, decode key themes, and unpack the possible domino effect for your money. When it comes to retirement planning, Robert Powell and Yahoo Finance will not let you fall behind!

Find this episode and more episodes of Decoding Retirement at https://finance.yahoo.com/videos/series/decoding-retirement.

Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.

00:30 - Aging in America: The most common misconceptions

04:10 - Aging in place: Thoughts on home modifications

07:45 - Vulnerabilities in elder care

12:15 - Ask Bob: Cost of living adjustment

13:05 - Long-term care insurance: Can it help with home health aid or long-term care facilities?

15:45 - Critical role of caregivers

20:05 - The importance of an aging plan

22:50 - Ask Bob: Managed account

Yahoo Finance's Decoding Retirement is hosted by Robert Powell, and produced by Zach Faulds.

Robert Powell holds several prominent positions within the financial industry. He serves as the editor-in-chief of the Investments and Wealth Institute's (IWI) Retirement Management Journal, the world's first peer-reviewed journal solely dedicated to retirement income. He also hosts the Exceptional Advisor podcast by IWI. Powell is both a Certified Financial Planner® and Retirement Management Adviser® certificant.

Annalee Kruger is the founder of Care Right Inc., created in 2011 to help families and individuals through their aging journey. Care Right are a neutral third-party family meeting facilitators to help you understand aging in place considerations, the landscape of senior care, understanding dementia progression, your current and future care options.

Learn more about your ad choices. Visit megaphone.fm/adchoices