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3/2/2015 - People with Low Incomes say They Pay the Price with Poor Health (NPR)
by djaworski on March 2, 2015 6:44 pm
When you ask people what impacts health you’ll get a lot of different answers: Access to good health care and preventative services, personal behavior, exposure to germs or pollution and stress. But if you dig a little deeper you’ll find a clear dividing line, and it boils down to one word: money. People whose household… Read more 3/2/2015 - People with Low Incomes say They Pay the Price with Poor Health (NPR)
3/2/2015 - Antipsychotics Frequently Prescribed to Adults with Dementia Despite Risks
by admin on March 2, 2015 5:47 pm
Antipsychotic drugs are being over-prescribed to men and women with dementia, according to a new report from the federal government. The report published on Monday shows that around one third of older adults with dementia living in nursing homes had been prescribed an antipsychotic in 2012, as well as 14% of older adults with dementia… Read more 3/2/2015 - Antipsychotics Frequently Prescribed to Adults with Dementia Despite Risks
3/2/2015 - The Suddenly Hot Job Market for Workers Over 50 (Money)
by djaworski on March 2, 2015 5:26 pm
Things are finally looking up for older workers. The latest data show the unemployment rate for those over age 55 stands at just 4.1%, compared with 5.7% for the total population and a steep 18.8% for teens. The ranks of the long-term unemployed, which ballooned during the recession as mature workers lost their jobs, are… Read more 3/2/2015 - The Suddenly Hot Job Market for Workers Over 50 (Money)
2/27/2015 - Making Money Decisions When You Lose Your Job (The New York Times)
by djaworski on March 2, 2015 5:21 pm
The numbers are striking: About 1.7 million people, on average, lose their jobs every month. Those figures represent little more than 1 percent of the work force, but they still underscore just how many people face the sort of upheaval that accompanies the loss of a job or a forced retirement. Beyond the emotional toll, many individuals agonize over… Read more 2/27/2015 - Making Money Decisions When You Lose Your Job (The New York Times)
2/27/2015 - White House Move to Protect Nest Eggs Sparks Hopes and Fears (NPR)
by djaworski on March 2, 2015 5:14 pm
The Obama administration is creating new protections for Americans saving and investing for retirement, but industry groups say the new rules could hurt the very people the president says he wants to help. If you’re building a retirement nest egg, big fees are the dangerous predators looking to feast on it. The White House says too… Read more 2/27/2015 - White House Move to Protect Nest Eggs Sparks Hopes and Fears (NPR)
2/28/2015 - Protecting Fragile Retirement Nest Eggs
by admin on February 28, 2015 5:42 pm
A new study by the White House Council of Economic Advisers has found that financial advisers seeking higher fees and commissions drain $17 billion a year from retirement accounts by steering savers into high-cost products and strategies rather than comparable lower-cost ones. Read the full article at The New York Times.
2/27/2015 - Why baby boomers are poised to revive the economy
by admin on February 27, 2015 8:00 pm
For generations, the dream retirement was one spent in warmer climates, on the beach and often walking distance from a golf course. Chris Farrell, a senior economics contributor at Marketplace, is among those now laughing at the idea. Farrell, 61, is the author of “Unretirement: How Baby Boomers Are Changing the Way We Think About… Read more 2/27/2015 - Why baby boomers are poised to revive the economy
2/26/2015 - When To Roll Over Your 401(k) -- And When Not To (Forbes)
by mbeals on February 27, 2015 6:05 pm
To roll or not to roll, that is the question — at least when you’re changing companies or retiring. Sometimes it’s a good idea to roll over your 401(k) to an IRA, and sometimes it’s better left right where it is. In order to make that decision, you need to weigh what is important to… Read more 2/26/2015 - When To Roll Over Your 401(k) -- And When Not To (Forbes)
2/27/2015 - In Short-Lived Fish, Secrets to Aging
by admin on February 27, 2015 5:36 pm
Researchers are finding that the tiny turquoise killifish ages much as we do, only at a much faster pace. “It’s a compressed life span,” said Itamar Harel, a postdoctoral researcher at Stanford University. Dr. Harel and his colleagues — including Center on Longevity faculty affiliate Anne Brunet — recently developed a set of tools to… Read more 2/27/2015 - In Short-Lived Fish, Secrets to Aging
2/25/2015 - 6 Key Reasons Why Investing in a Taxable Account Is Underrated (Morningstar)
by mbeals on February 26, 2015 4:46 pm
With all the attention paid to plowing money into tax-sheltered accounts, many investors see saving in a taxable account as a last resort–something to be considered only after they’ve fully funded their tax-sheltered wrappers. But investing via a taxable account can be a sensible maneuver, and not just if you’re running out of tax-sheltered receptacles… Read more 2/25/2015 - 6 Key Reasons Why Investing in a Taxable Account Is Underrated (Morningstar)
