Retirement

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Bond fights boomer job angst in ‘Skyfall’

“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?

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Good, Humane News From Medicare

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.

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Should the election change your investment mix?

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.

Reuters

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.”

Foreclosure Crisis Hits Eldest Americans and Minorities hardest
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Foreclosure Crisis Hits Eldest Americans and Minorities hardest

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.