Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

2/21/2013 - Two-fifths of elderly spend more than they earn, study finds

by on February 21, 2013 8:10 pm
Two-fifths of the elderly spend more than they earn, often forcing them to dip into savings to pay bills, according to a new study. Read the full article at Los Angeles Times.
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

2/21/2013 - Two-fifths of elderly spend more than they earn, study finds (LA Times)

by on February 21, 2013 6:53 pm
Two-fifths of the elderly spend more than they earn, often forcing them to dip into savings to pay bills, according to a new study. Among those 65 and older, 40% shell out more on housing, medical care and other costs than they take in from Social Security, pensions and other sources, according to the Employee… Read more 2/21/2013 - Two-fifths of elderly spend more than they earn, study finds (LA Times)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

2/20/2013 -Yes, boomers: Jobs are less demanding (Wall Street Journal)

by on February 21, 2013 6:51 pm
My standard argument is that retirement needs are increasing as people live longer and face rapidly rising health care costs.  At the same time, the retirement income system is contracting as Social Security replacement rates decline even under current law, employer-sponsored plans move from defined benefit to defined contribution with modest benefits, and people save… Read more 2/20/2013 -Yes, boomers: Jobs are less demanding (Wall Street Journal)

2/20/2013 - Reforms Needed to Reduce IRA Fees (Plan Sponsor)

by on February 21, 2013 6:50 pm
A research paper contends that additional reform is needed to protect participants who roll over retirement plan assets into individual retirement accounts (IRAs) from high investment fees. Read the full article at Plan Sponsor.

2/20/2013 - The Reluctant Caregiver

by on February 20, 2013 8:11 pm
“Now and then, I refer to the people that caregivers tend to as “loved ones.” And whenever I do, a woman in Southern California tells me, I set her teeth on edge. She visits her mother-in-law, runs errands, helps with the paperwork — all tasks she has shouldered with a grim sense of duty.” Read… Read more 2/20/2013 - The Reluctant Caregiver
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

2/20/2013 - When A Bad Economy Means Working 'Forever'

by on February 20, 2013 3:10 pm
Increasingly, people are continuing to work past 65. Almost a third of Americans between the ages of 65 and 70 are working, and among those older than 75, about 7 percent are still on the job. In Working Late, a series for Morning Edition, NPR profiles older adults who are still in the workforce. Read/listen… Read more 2/20/2013 - When A Bad Economy Means Working 'Forever'

2/19/2013 - Researchers develop tool for reading the minds of mice

by on February 20, 2013 2:51 pm
Stanford scientists have developed a system for observing real-time brain activity in a live mouse. The device could prove useful in studying new treatments for neurodegenerative diseases, such as Alzheimer’s. Read the full article at Stanford News.

2/19/2013 - Estrogen therapy may fight early Alzheimer's

by on February 19, 2013 11:59 pm
Women who carry a gene that puts them at increased risk for developing Alzheimer’s disease show signs of early aging at the cellular level long before the first hints of dementia might set in, when they appear otherwise healthy and active, a team of UCSF and Stanford scientists — including Center on Longevity faculty affiliate… Read more 2/19/2013 - Estrogen therapy may fight early Alzheimer's

2/18/13 - More workers can switch to a Roth 401(k) (USA Today)

by on February 19, 2013 8:46 pm
Buried at the bottom of the Taxpayer Relief Act is a provision that allows more workers to convert their retirement savings into a Roth 401(k). That is an appealing option to consumers who want some of their retirement savings to grow tax-free forever. And for the government, it is a revenue-raiser. “It was thrown in… Read more 2/18/13 - More workers can switch to a Roth 401(k) (USA Today)

2/17/13 - How to Get to Retirement? Practice! (Wall Street Journal)

by on February 19, 2013 8:44 pm
There has been a steady drumbeat of downbeat news about retirement lately. More than half of us won’t have enough money to maintain our living standards in retirement—even if we work to age 65, about two years past the average retirement age, according to various estimates. No wonder more people are working into their golden… Read more 2/17/13 - How to Get to Retirement? Practice! (Wall Street Journal)