8/28/2015 - Tax-Free Savings Accounts for Disabled Are Expected in 2016 (The New York Times)

by on August 28, 2015 4:28 pm
Special savings accounts for people with disabilities are likely to become available in most states next year. The accounts were made possible in 2014 by the ABLE Act — for Achieving a Better Life Experience — and are loosely modeled on the popular 529 college saving accounts. Advocates for the disabled say it is taking… Read more 8/28/2015 - Tax-Free Savings Accounts for Disabled Are Expected in 2016 (The New York Times)
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8/27/2015 - New spoons and plates make it easier for people with Alzheimer's to eat

by on August 28, 2015 2:41 am
When Sha Yao, winner of the inaugural Stanford Center on Longevity Design Challenge, was caregiving for her late grandmother who was living with Alzheimer’s, she quickly realized daily activities had become major obstacles for her beloved family member. One of the biggest hurdles for her grandmother was a seemingly simple activity: eating. So she developed… Read more 8/27/2015 - New spoons and plates make it easier for people with Alzheimer's to eat

8/27/2015 - Global life expectancy rises, but people live sicker for longer

by on August 27, 2015 8:22 pm
People around the world are living longer, but many are also living sicker lives for longer, according to a study of all major diseases and injuries in 188 countries. Read the full article at Reuters.

8/27/2015 - Gen X: Sleeping Through The Retirement Wake-Up Call

by on August 27, 2015 8:21 pm
A few new studies show that although Gen X’ers have begun turning 50 this year — the youngest of them are about 35 — this cohort behind the boomers just doesn’t seem to want to wake up to retirement reality. Read the full article at Forbes.

8/27/2015 - Gen X: Sleeping Through The Retirement Wake-Up Call (Forbes)

by on August 27, 2015 6:46 pm
Northwestern Mutual’s report, The Gen X Retirement Dilemma, noted that Gen X’ers had the highest levels of financial insecurity of all U.S. generations. A striking 82% said they won’t have enough saved to retire comfortably; 18% don’t think they’ll ever be able to retire. That may be partly because 37% of Gen X’ers told Northwestern… Read more 8/27/2015 - Gen X: Sleeping Through The Retirement Wake-Up Call (Forbes)

8/26/2015 - Retirees pay for claiming Social Security too early (CNBC)

by on August 27, 2015 6:07 pm
A Nationwide Retirement Institute survey of Americans 50 years and older found that 83 percent of recent retirees started taking their benefits before their full retirement age, receiving 49 percent less in benefits than if they would have waited. Among recent retirees, 38 percent said they claimed Social Security benefits because they needed the money, 30… Read more 8/26/2015 - Retirees pay for claiming Social Security too early (CNBC)

8/25/2015 - Retirees need to fact-check Social Security advice (Reuters)

by on August 26, 2015 4:13 pm
Getting wrong answers from Social Security is not unusual, according to financial advisers and experts on claiming strategies. Relying on this misinformation can lead to missing out on benefits for which you qualify or losing opportunities to maximize your checks. “Forty percent of what the good folks at Social Security tell you, almost always with… Read more 8/25/2015 - Retirees need to fact-check Social Security advice (Reuters)
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8/25/2015 - Over 46 Million People Now Have Dementia Worldwide

by on August 25, 2015 4:30 pm
More than 46 million people around the world suffer from dementia, according to a report released Tuesday. The World Alzheimer Report, published by Alzheimer’s Disease International and King’s College London, says the number of people affected by dementia has increased quickly from the 35 million estimated in 2009, and researchers warn that number could double… Read more 8/25/2015 - Over 46 Million People Now Have Dementia Worldwide

8/24/2015 - Why Phone Fraud Starts With A Silent Call (NPR)

by on August 25, 2015 4:10 pm
Vijay Balasubramaniyan, CEO of Pindrop Security, a company in Atlanta that detects phone fraud, says that in any number of ways, the criminal ring gets your 10 digits and loads them into an automated system. Maybe you gave your number to Target or some other big retailer that got hacked. Maybe you entered an online… Read more 8/24/2015 - Why Phone Fraud Starts With A Silent Call (NPR)

8/23/2015 - How Boomers loaded with debt can dig out (USA Today)

by on August 24, 2015 6:04 pm
The stats, at first blush, are staggering. According to a new Pew Charitable Trusts report, eight in 10 Baby Boomers — those born from 1946 to 1964 — hold some form of debt, and nearly half (47%) still have a mortgage, which, on average, totaled $90,000. And, more than half (58%) of the so-called Silent Generation — defined as those born… Read more 8/23/2015 - How Boomers loaded with debt can dig out (USA Today)