If you’re like me, you weren’t surprised to read about the recent study finding that two-thirds of retirees now say they are living in “the best home of their life.”
I’m a retired television field director and producer, who worked in New York City back when freelance was a more reasonable way to earn a living than it is today. Basically, I’m a baby boomer who began embarking on the next chapter in my life when I hit the big five-O. I wanted to pursue two dreams I had imagined… Read more →
United, the Post War Generation can prove ourselves a great generation, not just a great big generation.
Through extended visits to The Villages, Sun City and Youngtown, Arizona, Andrew Blechman’s book, Leisureville: Adventures in America’s Retirement Utopias reveals the lives of those who have embraced the rising trend of segregated (often gated) communities for older adults (the new marketing term is “age-preferred”).
“Skyfall” is first and foremost a movie about middle-aged job angst – whether your skills are sufficiently up to speed to stay competitive in the global marketplace, and whether age discrimination will keep you from doing the work you’re best at . . . In the new movie, Agent 007’s worries include tech-savvy 20-somethings and questions over whether he’s still “field-ready.” Sound familiar?
On Tuesday, the Obama administration announced a proposed settlement agreement that would make it easier for people with disabilities and chronic conditions to qualify for home care.
Until now, Medicare beneficiaries have been required to show they were likely to improve (the “improvement standard”) for Medicare to cover skilled nursing care and therapy services at home.
The 2% tax cut could make it harder to keep Social Security solvent.
It is important to establish that these issues aren’t just relevant for today’s older adults. All Americans should ask: What will a compromised Social Security or Medicare program or the absence of a meaningful pension mean for me when I wish to retire?
It’s the investor equivalent of announcing: “If that guy wins, I’m moving to Canada.” According to a recent survey by insurer Allianz Life, about 40% of voters aged 55 to 65 say that they plan to change their portfolios depending on who wins the election.
And as Encore contributor Catey Hill reports today, for most that change would mean reacting defensively in response to a win by the man they dislike. “Voters who identified themselves as Republicans or Democrats generally said they were likely to invest more conservatively if the opposing party won the White House,” she writes, adding that “many Republicans also said they would invest more aggressively if Mr. Romney won.”
Encore: Older cell-phone owners are using more data, but their calling plans may be stuck in the pre-Internet era
The well-noted aging of the American population will continue long after the Baby Boomer generation crests, posing continuing economic challengesfor the country for decades to come, a new congressionally mandated report states.
Encore: How procrastinators can reduce their tax burden.
One of the wonkiest debates in retirement planning is arguably also one of the most important.
UPDATE: It’s early in the morning and already emails are arriving from people who want to be included in the contest. Please – as noted in the contest section below, you must post your request to join the contest in…
I don’t know about you, but just imagining a blissful, unhurried space station where all of our elderly citizens can stroll, golf or go to the opera fills me with warmth and pride of country.
Read more: Mars, Health, Medicare, S…
In an editorial in the NYTimes Sunday Review (7/29/12), Thomas Friedman lays out the financial dilemma we face in long term care. The bottom line? A frightening percentage of Americans do not have the money to retire, much less pay for … Continue reading →
“They’re everywhere. Older people….” These words introduce the following video on ageism and it’s negative effects on all of us–old and young. Watch and learn how expectations often determine our perceptions no…
The old way of thinking about and preparing for life beyond adulthood is no longer working: “Seventy-five percent of Americans nearing retirement age in 2010 had less than $30,000 in their retirement accounts.”
When I was writing To Be Old in America 2012, posted here earlier this week, I looked in vain for statistics or reports on underwater mortgages and foreclosures as related to elders. What little mention there was insisted that older…
AARP reports that the mortgage crisis is increasingly hitting older adults — especially those 75-plus — and that Latino and African American elders and their families are the hardest hit of all Americans, according to a new study released today. It remains true that those under age 50 are more likely to be in foreclosure, but the report found that the risk of “serious delinquency” on mortgages is growing at a much more rapid rate among those over age 50.