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3/30/2015 - Why Some Seniors Are Upsizing in Retirement

by on March 30, 2015 5:44 pm
Not all seniors are buying into the idea that they need to downsize their living arrangements once they stop working. In fact, a 2014 Merrill Lynch survey of 3,638 adults, including 2,192 baby boomers, found that half of pre-retirees who expect to downsize in retirement don’t do so. What’s more, 30 percent of those surveyed… Read more 3/30/2015 - Why Some Seniors Are Upsizing in Retirement
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3/30/2015 - Why Many Middle-Class Households Are Outsaving the Wealthy (Money)

by on March 30, 2015 3:58 pm
Can it be that Americans are finally getting the message about saving for retirement? Granted, studies have repeatedly confirmed America’s lack of savings. And the overall results of a new Bankrate.com survey seem to add to the pile: One in five Americans is saving nothing at all, while 28% are saving just 5% of their income or… Read more 3/30/2015 - Why Many Middle-Class Households Are Outsaving the Wealthy (Money)
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3/30/2015 - Half of American households can barely save a nickel (CNBC)

by on March 30, 2015 3:53 pm
For roughly half of American households they answer is “barely,” according to the results of a new survey by Bankrate.com. About half reported they are setting aside no more than 5 percent of their income in savings. One in five said they’re not even able to save a penny. The highest savings rates were reported by those… Read more 3/30/2015 - Half of American households can barely save a nickel (CNBC)
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3/30/2015 - Income Inequality: It's Also Bad for your Health (The New York Times)

by on March 30, 2015 3:38 pm
We know that living in a poor community makes you less likely to live a long life. New evidence suggests that living in a community with high income inequality also seems to be bad for your health. A study from researchers at the University of Wisconsin Population Health Institute examined a series of risk factors that help… Read more 3/30/2015 - Income Inequality: It's Also Bad for your Health (The New York Times)
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3/29/2015 - Add Uncertainty to Your Financial Plans

by on March 29, 2015 11:12 pm
Human beings don’t like uncertainty, especially when we’re contemplating our financial futures. It’s not enough for us to think that we’ll have enough money to send our kids to college, or to retire. We want to know exactly how much money we’ll need to achieve those goals — and precisely how we’re going to get… Read more 3/29/2015 - Add Uncertainty to Your Financial Plans
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3/28/2015 - As Job Rate Rises, Older Workers Are Often Left Behind (The New York Times)

by on March 28, 2015 5:55 pm
Despite some indications here and there that the baby boom generation is working longer, few workers were hurt as badly as those over 50 in the years after the economic crisis that began unfolding in 2008. Many were forced to take jobs at lower pay, with fewer hours and less generous benefits — or no… Read more 3/28/2015 - As Job Rate Rises, Older Workers Are Often Left Behind (The New York Times)
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3/28/2015 - At Aging Conference, Old Is The New Black

by on March 28, 2015 5:39 pm
For the first in a series of regular discussions about aging, NPR’s Scott Simon speaks with NPR’s Ina Jaffe from the Aging in America Conference in Chicago. Read the full article at National Public Radio (NPR).
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3/27/2015 - Why putting off retirement savings until you make more money is a big mistake (The Washington Post)

by on March 27, 2015 6:19 pm
People in their 20s have a list of excuses for putting off saving for retirement: Their paychecks are too small. They don’t know how long they’ll stay with a company. Why worry now about something that feels a million years away? But a report from the Employee Benefit Research Institute drives home the point that waiting until you’re older and… Read more 3/27/2015 - Why putting off retirement savings until you make more money is a big mistake (The Washington Post)
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3/26/2015 - Grim News on Health Costs in Retirement

by on March 26, 2015 7:15 pm
If you need a reminder that Medicare covers only a portion of retiree medical expenses, check out this report. Released Wednesday by HealthView Services, a Danvers, Mass., company that provides retirement health-care cost data and tools to financial advisers, it finds that a 66-year-old couple retiring this year with average Social Security benefits can expect… Read more 3/26/2015 - Grim News on Health Costs in Retirement

3/25/2015 - Senate Special Committee on Aging: Finding an Alzheimer's Cure

by on March 26, 2015 7:10 pm
B. Smith, restaurateur and author, testified before the Senate Special Committee on Aging on the importance of finding a cure for Alzheimer’s disease by 2025. See video at ABC News.