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5/24/2013 - Low interest rates are the final straw for many company pensions (Washington Post)
by borges on May 28, 2013 5:45 pm
It was no small matter for the ILM Group’s executives when they froze the pension plan that has provided retirement security for the firm’s employees since 1947. The financial pressure of maintaining the plan had been mounting on the small insurer for years. But until March, ILM had not given in, even as tens of… Read more 5/24/2013 - Low interest rates are the final straw for many company pensions (Washington Post)
5/24/2013 - Mortgage giants make it easier for retirees to secure loans (Washington Post)
by borges on May 28, 2013 5:30 pm
Here’s a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren’t sufficient to qualify for a mortgage under today’s tough underwriting standards: Thanks to a rule change by the largest players in the home loan business, you may be able to use imputed income from your 401(k), IRA and other retirement assets… Read more 5/24/2013 - Mortgage giants make it easier for retirees to secure loans (Washington Post)
5/28/2013 - Why Gen X And Late Boomers Aren't On Track For Retirement
by admin on May 28, 2013 3:32 pm
According to a recent study, Gen X and late baby boomers are on track to replace only about half of their current income when they reach retirement — which means they’ll need to seriously downgrade their lifestyles. Most financial planners recommend replacing, at the very least, 70% of one’s income. Read the full article at… Read more 5/28/2013 - Why Gen X And Late Boomers Aren't On Track For Retirement
5/28/2013 - Live Long And Prosper: Retirement Planning Strategies For Women
by admin on May 28, 2013 3:31 pm
Let’s start with the good news. Women are living longer. A woman who turns 65 today has a 50 percent chance of living to the age of 90—three years longer than the current average life expectancy for a man. While most women probably view living longer as a positive, longevity also presents a distinct set… Read more 5/28/2013 - Live Long And Prosper: Retirement Planning Strategies For Women
5/28/2013 - With Alzheimer’s Comes Empathy
by admin on May 28, 2013 3:26 pm
When you hear Alzheimer’s, you probably think of memory loss, language problems, and general confusion. These cognitive symptoms of the degenerative brain disease are devastating, and so it makes sense that they get the most attention in the media and scientific community. But Alzheimer’s brings other kinds of emotional changes that aren’t as easily explained…… Read more 5/28/2013 - With Alzheimer’s Comes Empathy
5/28/2013 - How to defeat Alzheimer's
by admin on May 28, 2013 3:24 pm
Finding effective treatments could avert a healthcare disaster. But where’s the money? Read the full article at Los Angeles Times.
5/28/2013 - AARP to coach aging Boomers 'reimagining' their lives
by admin on May 28, 2013 3:21 pm
As Boomers poise for reinvention, businesses are stepping up. Now AARP enters the fray. Read the full article at USA Today.
5/27/2013 - The New Retirement: Why You Don’t Have to Pay Off Your Mortgage
by admin on May 27, 2013 3:29 pm
Low interest rates have changed the game for retirees—but not always in a bad way. Consider your mortgage. With rates having fallen so far, there may no longer be a pressing need to own your house outright before you call it quits at the office. Read the full article at Time.
5/24/2013 - Leaving Behind Digital Keys to Financial Lives
by admin on May 24, 2013 8:28 pm
Bob Ginsberg, a retired production manager for an educational publisher, is worried that he does not know any of the logins and passwords for online accounts belonging to his partner or brother and they do not know his. Read the full article at The New York Times.
5/24/2013 - Studies Question Potential Alzheimer's Treatment
by admin on May 24, 2013 7:06 pm
Last year scientists reported that a skin cancer drug appeared to reverse the effects of an Alzheimer’s-like disease in mice. But four studies out this week in Science question the original results. Ronald Petersen, director of the Mayo Clinic’s Alzheimer’s Disease Research Center, talks about the new findings, and the hunt for Alzheimer’s drugs. Read/listen… Read more 5/24/2013 - Studies Question Potential Alzheimer's Treatment
