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8/13/2014 - Why Your Awesome 401(k) Match Is Worth Less Than Cash (Bloomberg Businessweek)

by on August 15, 2014 5:14 pm
Many Americans apparently value their 401(k) matching funds more than cash money. A new survey by Fidelity found that 87 percent of 401(k) participants would take a job only if it offered a match, and the hypothetical offer of a bigger salary didn’t entice them to go matchless. Read the full article at Bloomberg Businessweek. 
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8/14/2014 - Social Security marks 79th birthday with declining service

by on August 14, 2014 6:29 pm
during this time of budget cuts, the Social Security Administration’s (SSA) service to the public isn’t what it used to be. A new audit from the agency’s inspector general’s office documents deteriorating service resulting from cuts in staffing and office hours to a government program that all Americans eventually will use, assuming we live long… Read more 8/14/2014 - Social Security marks 79th birthday with declining service
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8/13/2014 - Older German Workers Jump At Chance To Retire At 63

by on August 13, 2014 5:03 pm
Germany recently lowered its retirement age from 65 to 63 for long-time workers, a move Chancellor Angela Merkel’s government says is aimed at easing the burden on older Germans in the work force. But the decision is not popular with German businesses or with governments in struggling eurozone countries, which accuse German officials of hypocrisy.… Read more 8/13/2014 - Older German Workers Jump At Chance To Retire At 63
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8/12/2014 - Talking About Hard Truths And End-Of-Life Care

by on August 12, 2014 9:11 pm
The cost of end-of-life care jeopardizes the long term viability of Medicare. The Centers for Medicare and Medicaid services estimates that more than 25 percent of Medicare spending is directed to the 5 percent of beneficiaries who die each year, with a third of that cost in the last month of life. The health reform… Read more 8/12/2014 - Talking About Hard Truths And End-Of-Life Care
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8/11/2014 - Too Many Impoverished Elderly Overlook Government Help (Fox Business)

by on August 12, 2014 3:19 pm
Millions of senior citizens are living in poverty without financial assistance from the federal government that they are eligible to claim. And according to research, most of them are single women. Read the full article at Fox Business.
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8/9/2014 - How to save a million bucks for retirement (USA Today)

by on August 12, 2014 3:18 pm
Some people have a million dollars or more saved for retirement, but most people have far less. USA TODAY asked Jeanne Thompson, a vice president at Fidelity Investments, for the best ways to boost your retirement savings. Read the full article at USA Today.
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8/7/2014 - 5 Things to Know About Financial Literacy (U.S. News & World Report)

by on August 12, 2014 3:17 pm
As we reported this week in our story on financial literacy, the PISA international survey recently found that American teens scored in the middle of the pack when it came to answering finance-related questions. We turned to two financial literacy experts to discuss how teachers and parents can help make money lessons stick. Read the full… Read more 8/7/2014 - 5 Things to Know About Financial Literacy (U.S. News & World Report)
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8/11/2014 - Tactic in Alzheimer’s Fight May Be Safe, Study Finds

by on August 11, 2014 9:12 pm
The 40-year-old man showed up in Dr. Mary Malloy’s clinic with sadly disfiguring symptoms. His hands, elbows, ears and feet were blemished with protruding pustules and tuber-like welts, some so painful it was hard for him to walk. He suffered from a rare genetic condition called dysbetalipoproteinemia, which caused his cholesterol levels to soar so… Read more 8/11/2014 - Tactic in Alzheimer’s Fight May Be Safe, Study Finds
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8/11/2014 - A Coping Plan Can Help Fend Off Depression From Vision Loss

by on August 11, 2014 5:50 pm
When people lose their vision as they get older, they lose a lot of other things, too. They lose their ability to do the things they love. Read the full article at National Public Radio (NPR).
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8/10/2014 - Here’s Why More Americans Are Retiring Earlier They Expected

by on August 10, 2014 4:45 pm
It seems counter intuitive: Of all Americans who retired since the Great Recession, more retired earlier than expected than later than expected, a new Fed report shows. Read the full article at Time.