Stanford Center on Longevity

10/13/2015 - U.S. regulator to propose investment rules to protect elderly

by admin on October 13, 2015 5:51 pm

A U.S. securities regulator, aiming to protect elderly clients from scams and their own diminished mental capacity, will propose rules requiring brokers to identify – when an account is opened – a “trusted” person who can make financial decisions if the client’s judgment becomes impaired. The rules also will allow firms to freeze money transfers… Read more

10/12/2015 - Diverting retirement savings to pay for college (CBS MoneyWatch)

by djaworski on October 13, 2015 4:35 pm

In the face of ever-escalating costs of higher education, people are often forced to shuffle their financial priorities. Here’s one telling example: Nearly one-third of Americans are willing to delay their retirement to help their children or grandchildren pay for college, according to research from LIMRA’s Secure Retirement Institute. When LIMRA surveyed nearly 1,000 Americans in… Read more

10/13/2015 - High Opioid Use In Elderly With Chronic Obstructive Pulmonary Disease, Study Finds

by admin on October 13, 2015 4:28 pm

Results from a new report published in the British Journal of Clinical Pharmacology revealed that clinicians could be overprescribing opioids to older adults suffering from chronic obstructive pulmonary disease (COPD), a progressive lung disease that makes it difficult for individuals to breathe. Read the full article at Forbes.

10/12/2015 - Income Inequality Grows With Age and Shapes Later Years (The New York Times)

by djaworski on October 12, 2015 4:47 pm

Socioeconomic inequality, he noted, helps determine who gets to grow old. Dr. Abramson’s book “The End Game: How Inequality Shapes Our Final Years,” and a report from the National Academy of Sciences last month on the growing life expectancy gap, underscore the effect of income and education on old age. Ronald Lee, a demographer at the University of… Read more

10/12/2015 - Age-associated financial vulnerability often overlooked

by admin on October 12, 2015 4:16 pm

A new report says doctors and consumers both tend to overlook one of the most common and devastating problems of aging – the decline in patients’ ability to manage their own financial affairs. Read the full article at Reuters.

10/11/2015 - Why It’s So Hard to Know How Much Retirement Savings Is Enough (The Atlantic)

by djaworski on October 11, 2015 4:17 pm

Online financial-planning tools have a habit of spitting out terrifying numbers when people use them to figure out how much to save for retirement. Most tools, from the AARP’s to the Social Security Administration’s, yield similar answers when one enters spending estimates, expected salary increases, and assets: They tend to advise their users (most of whom are workers… Read more

10/9/2015 - Reopening the Bank of Mom and Dad, to Help Adult Children (The New York Times)

by djaworski on October 9, 2015 5:04 pm

More older parents are helping their adult children by dishing out loans or cash gifts, or paying bills. But this largess sometimes blows a big hole in their finances, even jeopardizing their retirement. As a result, some older adults are going back to work, reducing their own living expenses or even declaring bankruptcy. Read the full… Read more

10/8/2015 - Women Are a Quarter Million Dollars Short of Retirement

by admin on October 8, 2015 7:09 pm

Lower earnings and longer lives—it’s a powerful one-two punch, and it threatens to keep women on the ropes in retirement. A recent study measured the retirement savings divide between 45-year-old men and women. It found that women, on average, are more than $268,000 short of what they need to retire comfortably at 65. For the average man, it’s $212,000.… Read more

10/8/2015 - Women Are a Quarter Million Dollars Short of Retirement (Quartz)

by djaworski on October 8, 2015 5:10 pm

Lower earnings and longer lives—it’s a powerful one-two punch, and it threatens to keep women on the ropes in retirement. A recent study measured the retirement savings divide between 45-year-old men and women. It found that women, on average, are more than $268,000 short of what they need to retire comfortably at 65. For the average man, it’s $212,000.… Read more

10/8/2015 - Second cohort of Stanford Distinguished Careers Institute Fellows named

by admin on October 8, 2015 4:37 pm

A real estate developer, a healthcare consultant and a senior adviser at the U.S. Agency for International Development are among the 25 fellows chosen by Stanford’s Distinguished Careers Institute (DCI), to take part in its 2016 program of intellectual exploration and personal reflection. The program, now in its second year, is designed for exceptional leaders with decades… Read more

Feature Banner