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12/17/2014 - Will retirement pay you a ‘happiness bonus’?

by on December 17, 2014 9:32 pm
Consistent with the research of Laura Carstensen, a psychology professor and director of Stanford University’s Center on Longevity, a MassMutual survey finds that positive emotions increase and negative emotions decrease over time among those in or near retirement. For example, while 72% of retirees say they are “extremely or quite happy,” only 61% of pre-retirees… Read more 12/17/2014 - Will retirement pay you a ‘happiness bonus’?
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12/16/2014 - The upside of aging

by on December 17, 2014 12:34 am
Very few people welcome the aging process with open arms. BeWell spoke with Manjula Waldron, PhD, consulting professor at the Stanford Prevention Research Center, about the often-overlooked positive side of aging and how having a plan for healthy aging can make a real difference. Read the full article at BeWell@Stanford.
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12/15/2014 - The Green House Effect: Homes for the Elderly to Thrive

by on December 15, 2014 11:32 pm
In centuries past, when people got old, they were cared for in the homes of younger relatives until they died. This common custom began to change with the Industrial Revolution when women, who were the primary caregivers for the elderly, started to work outside the home. What happens now to America’s seniors when family members… Read more 12/15/2014 - The Green House Effect: Homes for the Elderly to Thrive
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12/15/2014 - When Grandma's House Is Home: The Rise Of Grandfamilies

by on December 15, 2014 11:29 pm
In a shift driven partly by culture and largely by the economy, the number of grandparents living with their grandchildren is up sharply. According to recent U.S. census data, such families have increased by about a third over the past generation. Read the full article at National Public Radio (NPR).

12/15/2014 - A Shortage of Juggling Doctors

by on December 15, 2014 9:45 pm
A controversial statistic suggests that in the near future our country will be in desperate need of more doctors. The Association of American Medical Colleges has estimated that by 2025 we will be about 130,000 short, thanks primarily to an exploding older population. Ten thousand Americans now turn 65 every day, entering their golden years… Read more 12/15/2014 - A Shortage of Juggling Doctors
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12/15/2014 - Pension measure seen as model for further cuts (MarketWatch)

by on December 15, 2014 5:24 pm
A measure included in Congress’s mammoth spending bill permits benefit cuts for retirees in one kind of pension plan, a big shift that lawmakers and others believe could set a precedent for other troubled retirement programs.The legislation is aimed at defusing a potentially explosive problem—the deteriorating condition of what are known as multiemployer plans, jointly… Read more 12/15/2014 - Pension measure seen as model for further cuts (MarketWatch)
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12/13/2014 - Reading the Fine Print on Pension Advance Agreements (The New York Times)

by on December 15, 2014 5:20 pm
Pension advance agreements — also known as annuity utilization contracts — have been the subject of many articles and of litigation in several states. In 2005 a class-action lawsuit was filed by the National Consumer Law Center against Structured Investments Company L.L.C. (Retired Military Financial Services was doing business under that name at the time.A judgment was handed up in… Read more 12/13/2014 - Reading the Fine Print on Pension Advance Agreements (The New York Times)
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12/12/2014 - Your pension could go poof. Do you have a back up plan? (The Washington Post)

by on December 15, 2014 4:54 pm
National Public Radio’s David Greene and Robert Smith have been hosting a series of money talks around the country this year concerning personal finances.Greene, host of NPR’s “Morning Edition,” and Smith, a correspondent for “Planet Money,” start off by asking audience members and panelists who join them, myself included, “What keeps you up at night?”… Read more 12/12/2014 - Your pension could go poof. Do you have a back up plan? (The Washington Post)
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12/15/2014 - The Myth of the Brain Game

by on December 15, 2014 12:32 am
Puzzles designed to sharpen mental acuity may not actually do much to improve memory or intelligence in the long run. Read the full article at The Atlantic.
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12/12/2014 - Aging in Place: An Intergenerational Priority

by on December 12, 2014 5:53 pm
Currently, one of the greatest unmet needs of seniors is the ability to age in place. Today, 93 percent of Americans over 65 live independently in the community, while only 3 percent reside in assisted living facilities and 4 percent in nursing homes. Moreover, studies show that the vast majority of older adults want to age in place. Read… Read more 12/12/2014 - Aging in Place: An Intergenerational Priority