mbeals

6/30/2013 - Scientists Back Alzheimer’s Test Amid Doubts Over Value

The U.S. government is set to decide this month whether federal health insurance should cover the cost of a $3,000 test that for the first time accurately identifies the signature brain plaques of Alzheimer’s disease. A lot is riding on the decision. Those in favor of coverage say the brain scan will reduce anguish and… Read more 6/30/2013 - Scientists Back Alzheimer’s Test Amid Doubts Over Value

6/29/2013 - Despite Alzheimer's, Couple Holds Tight To Old Memories

Right now, 5 million Americans have Alzheimer’s disease and other dementias. One of them is 73-year-old Pansy Greene. She’s in the early stages of Alzheimer’s, and she and her husband, Winston, want people to know that so far, their daily lives have changed little despite the diagnosis. Read the full article at National Public Radio… Read more 6/29/2013 - Despite Alzheimer's, Couple Holds Tight To Old Memories

6/27/2013 - Transamerica: 55% of workers confident about retirement (Pensions&Investments)

Fifty-five percent of workers are somewhat or very confident about retirement, the highest level since 2007, according to a report by the Transamerica Center for Retirement Studies. That 55% is up from 51% last year, but still below the 2007 confidence level of 59%. Not surprisingly, 62% of respondents said they are less confident about… Read more 6/27/2013 - Transamerica: 55% of workers confident about retirement (Pensions&Investments)

6/26/2013 - Retirement savings $14 trillion below threshold (CBS MoneyWatch)

The National Institute on Retirement Security (NIRS) recently released a study that analyzed the state of Americans’ retirement savings and compared them to benchmarks gauging progress toward maintaining retirement living standards. The results shouldn’t surprise you if you’ve been following the news on the level of retirement savings prevalent in American households. The study found… Read more 6/26/2013 - Retirement savings $14 trillion below threshold (CBS MoneyWatch)

6/24/2013 - Retirees: Don't sell off security of a pension

Retirees shouldn’t be surprised to hear that a pension check is so valuable that now regulators are warning about the risks of schemes that promise a lump sum, if you sell off that income stream. Read the full article at USA Today.

6/23/2013 - Living Long but Not Prospering (Wall Street Journal)

What kind of retirement plans should companies offer? How can they make sure their employees are well provided for once they stop working? These questions have taken on new urgency as the baby-boom generation exits the workforce and people lead longer lives. Read the full article at The Wall Street Journal.

6/20/2013 - The Cost of Worrying About Money (U.S. News & World Report)

If money worries are getting you down, you might want to figure out how to release some of that tension. A new survey suggests that financial worries eat up a substantial portion of one’s day – and that, in turn, can be a costly distraction from work. Read the full article at U.S. News &… Read more 6/20/2013 - The Cost of Worrying About Money (U.S. News & World Report)

6/20/2013 - Boomers -- Will They Shun Retirement? (Huffington Post)

Boomers don’t speak with one voice when it comes to retirement. Although about four in 10 admit that they can’t wait to retire, just as many say they won’t ever want to stop working. Even more expect to work in retirement. The media, policy analysts and worker advocates have zeroed in on the would-be workers:… Read more 6/20/2013 - Boomers -- Will They Shun Retirement? (Huffington Post)

6/18/2013 - How to teach Americans to save? Treat them like children (CNN Money)

Here’s something that recently surprised me: My six-year-old daughter is a pretty good saver. A paper out this week from the National Bureau of Economic Research (NBER) suggests that I shouldn’t have been so surprised. The conclusion: The best way to get people to save is to treat them like children. The paper is called… Read more 6/18/2013 - How to teach Americans to save? Treat them like children (CNN Money)

6/18/2013 - Boomers Underestimate LTC Cost, Life Expectancy (AdvisorOne)

The cost of future long-term care for boomers could be more than three times what they’re expecting, a consumer survey by Nationwide Financial found. Boomers 50 and older estimated the future annual cost to be nearly $79,000. However, using data from a 2010 article from Life and Health Advisor, Nationwide found the cost of a… Read more 6/18/2013 - Boomers Underestimate LTC Cost, Life Expectancy (AdvisorOne)