DALLAS: A survey of those aged 60 and over, along with various professionals who work with the elderly, to assess the concerns and needs of an aging population revealed that many of the issues revolve around finances and health. But what is especially interesting is that the professionals, ranging from doctors to counselors to money managers, often expressed different views from regular people when it comes to issues that should be addressed. Here are ten significant findings from the survey:
7. Cutting costs. When looking to save money, people turn to senior discounts and try to limit expenses involving travel and vacation. Professionals take a longer term perspective. They recommend that more people consider working beyond retirement age to shore up their finances, and then take some serious steps to reduce their biggest ongoing expense, which is the cost of housing.