7/29/2015 - Millennials Less Likely to Leave the Nest, a Pew Study Finds (The New York Times)

by on July 30, 2015 12:08 am
During the recession near the end of the last decade, many young adults facing a dreadful job market moved in with their parents to save money.Now, jobs may be more plentiful and the economy has improved, but many members of the millennial generation have yet to leave the nest, according to a new study. In… Read more 7/29/2015 - Millennials Less Likely to Leave the Nest, a Pew Study Finds (The New York Times)
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7/29/2015 - From The Silents To Millennials, Debt Burdens Span The Generations

by on July 29, 2015 10:55 pm
For most of us, debt is a big part of life. According to a new study by Pew Charitable Trusts, 80 percent of Americans have some form of debt — from student loans to credit card balances. Read the full article at National Public Radio (NPR).

7/29/2015 - As Medicare and Medicaid Turn 50, Use of Private Health Plans Surges

by on July 29, 2015 10:30 pm
As Medicare and Medicaid reach their 50th anniversary on Thursday, the two vast government programs that insure more than one-third of Americans are undergoing a transformation that none of their original architects foresaw: Private health insurance companies are playing a rapidly growing role in both.

7/29/2015 - Honoring Aging Parents' Independence: Busting The Myth

by on July 29, 2015 8:30 pm
Do you want to honor your parents’ independence as they age? Maybe it’s a myth. These three people learned what’s wrong with the idea. Read the full article at Forbes.
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7/29/2015 - NIH funds new Alzheimer's Research Center at School of Medicine

by on July 29, 2015 8:13 pm
Recently, the National Institute of Health (NIH) gave Stanford the final notice of a $7.3 million award to fund an Alzheimer’s Research Center, one of more than two dozen centers that have been established and funded by the NIH as part of an attempt to advance research about Alzheimer’s disease. “We have some of the… Read more 7/29/2015 - NIH funds new Alzheimer's Research Center at School of Medicine

7/29/2015 - Who Will Care for Us - The Aging, Childless and Single Population?

by on July 29, 2015 6:27 pm
Studies indicate that people over the age of 65 years will need some form of long-term care help. Genworth said sixty-six percent would need extra care while The Inquiry said seven out of ten would need it for at least three years. Most people rely on a family member, a spouse or a partner for… Read more 7/29/2015 - Who Will Care for Us - The Aging, Childless and Single Population?

7/29/2015 - The growing wealth gap that nobody is talking about (The Washington Post)

by on July 29, 2015 6:10 pm
If you’re over 62, your odds of having at least $1 million in net wealth (your total assets minus your total debt) are relatively achievable — about 1 in 7. But if you are under 40, your odds are low: 1 in 55.In the last 25 years, the odds that an old person is a millionaire have improved slightly.… Read more 7/29/2015 - The growing wealth gap that nobody is talking about (The Washington Post)

7/28/2015 - Americans Left $24 Billion in Retirement Money on the Table Last Year (Time)

by on July 28, 2015 11:32 pm
Personal savings rose last year, as conscientious workers reined in their spending. But a smaller portion of those savings were stashed in employer-sponsored retirement plans, new research shows. This and other recent findings suggest that the much-vaunted 401(k) match may not be the silver bullet for retirement savings that is widely presumed. Personal savings jumped… Read more 7/28/2015 - Americans Left $24 Billion in Retirement Money on the Table Last Year (Time)

7/28/2015 - Happy 50th Birthday, Medicare. Your Patients Are Getting Healthier

by on July 28, 2015 6:23 pm
Here’s a bit of good news for Medicare, the popular government program that’s turning 50 this week. Older Americans on Medicare are spending less time in the hospital; they’re living longer; and the cost of a typical hospital stay has actually come down over the past 15 years, according to a study in the Journal… Read more 7/28/2015 - Happy 50th Birthday, Medicare. Your Patients Are Getting Healthier

7/27/2015 - Why Even the Wealthy are Biting their Nails over Retirement (Money Talks News)

by on July 28, 2015 6:07 pm
Wealthy Americans seem to have the same retirement worries as their less-affluent counterparts, including concerns about having enough money saved for retirement, reducing personal debt and curbing overspending. The Merrill Edge Report is focused on the financial concerns and priorities of affluent Americans, defined as households with investable assets ranging from $50,000 to $250,000. The survey revealed a… Read more 7/27/2015 - Why Even the Wealthy are Biting their Nails over Retirement (Money Talks News)