October 2007 - Posts
Crain's Detroit Business, October 31st, 2007A reverse mortgage lender has met one of its growth benchmarks by
creating 100 jobs in just four months, under a deal with the state for
$3.5 million in tax benefits.But even as Melville, N.Y.-based Vertical
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Investment News, October 30th, 2007There is no shortage of technology solutions to help with retirement
planning. Some are comprehensive packages that do — or promise to do —
many things; others are more modest in their goals.I have come across two
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Associated Press, October 30th, 2007Democrat Barack Obama complained on Monday that presidential rival
Hillary Rodham Clinton has failed to offer specific solutions to deal
with the financial crisis threatening the Social Security program.Expanding
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Yahoo News, October 30th, 2007The challenge: matching older workers who aren't financially ready to
retire, or simply want to stay active, with companies eager to hire
such employees. The solution: websites where seasoned job seekers can
post their
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Houston Chronicle, October 29th, 2007The average age of people buying long-term care insurance benefits
dropped below 60 for the first time after falling steadily for more
than 10 years, a trade group said Monday.
A study by the American Association
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IFA Online, October 25th, 2007As many as 50% of 30 year-olds could live to age 100, according to
Paternoster, the insurance company that takes on responsibility for
defined benefit (DB) scheme risks.Paternoster based its findings on DB scheme members’
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Yahoo News, October 25th, 2007Nicotine may help ease some of the
debilitating and uncontrollable tremors and twitches caused by
Parkinson's disease and its treatment, researchers said on
Wednesday.Monkeys given a nicotine-laced drink before drug treatment
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The New York Times, October 23rd, 2007WAYNE MCCLELLAND is not retired, but he is thinking ahead: he rests
easy knowing that if he were to die unexpectedly, he would still be
able to get messages to his loved ones. No, Mr. McClelland,
59, is not
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The Wall Street Journal, October 24th, 2007An official at the agency that runs Medicare said the
government insurance program would "probably not" restrict coverage of
drug-coated stents in response to concerns that they increase the risk
of blood
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Yahoo News, October 24th, 2007Having more years of formal
education delays the memory loss linked to Alzheimer's disease,
but once the condition begins to take hold, better-educated
people decline more rapidly, researchers said on Monday.Their study,
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The New York Times, October 23rd, 2007VICKIE ELISA was ready to jump at the offer of a consulting position —
and a $40,000 raise — in Washington six years ago. But a benefits
expert whom she worked with at the DeKalb County Board of Health in
Atlanta
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The New York Times, October 23rd, 2007BY the time Frederick A. O. Schwarz Jr. retired from Cravath, Swain
& Moore in 2002, he was financially set. He was already an author,
he already had a distinguished track record in public service and
philanthropy
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The New York Times, October 22nd, 2007BRIAN HARRIS makes a 30 percent annual return on his Roth individual
retirement account, but his money is not invested in a soaring
biotechnology stock or a hot currency fund.
Instead,
Mr. Harris, a music
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The New York Times, October 21st, 2007Scientists sometimes refer to the effect a hotter world will have on this country’s fresh water as the other water
problem, because global warming more commonly evokes the specter of
rising oceans submerging our
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Lebanon Daily News, October 18th, 2007
Senior citizens and their families would have an easier time obtaining information about inspections and violations at long-term-care homes under a “buyer-beware” bill being pushed by a local lawmaker.
Lebanon
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Investment News, October 16th, 2007
Across the country, states are considering plans to apply "terror-free" investing strategies to their public pensions.Under the policy, the funds would be required to limit — or
eliminate altogether
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The New York Times, October 3rd, 2007The top-ranking Republican on the Senate Finance Committee has asked 11
long-term care insurance companies to explain “troubling data”
regarding how policyholders’ claims are handled and paid.In letters sent this
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Health Daily News, October 15th, 2007 An international team of scientists
has developed a blood test that could reveal which patients with mild
cognitive impairment will go on to develop Alzheimer's disease.If replicated and validated -- and assuming
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The Seattle Times, October 15th, 2007No generation in history will affect our nation's future more than
the baby boomers — all 78 million of those born between 1946 and 1964.
It's hard even for me to fathom, and I've been writing about it for
years.
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Financial Planning.com, October 15th, 2007 The average black male in America currently has
$35,454 less saved in his retirement fund than his white counterpart,
according to the 2007 Ariel-Schwab Black Investor Survey as reported
October 11 in New
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The New York Times, October 13th, 2007Are grandmothers an evolutionary necessity? The contributions of
older women to society have long been debated by anthropologists. In
the animal world, females often don’t live much past their reproductive
years.
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USA Today, October 13th, 2007Maybe you're not caring for elderly parents now. But you might be soon.
Forty-one percent of baby boomers who have a
living parent are helping take care of them, with personal help,
financial assistance or both, according
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The New York Times, July 30th, 2006 NEW YORK was aghast last week at the dark drama surrounding Brooke
Astor, the 104-year-old philanthropist and socialite. Her grandson is
taking his father, her only son, to court for not providing for her
needs and
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The New York Times, November 22nd, 2006AMY ALTMAN never knew the great-grandmother for whom she was named. She
died before Ms. Altman was born. And though her mother shared memories
of the family matriarch, Ms. Altman, 28, never forged that singular
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Medical News Today, October 11th, 2007Health care costs are "astronomical" for many elderly people who are
cared for by their adult children, "compromising the retirement of baby
boomers who were expecting inheritances rather than the shock of
depleted
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Marketwatch, October 11th, 2007Everyone is tripping over themselves to launch retirement income
products, funds (and annuities) that take the fuss and mess out of how
retirees figure out what they can withdraw from their nest eggs without
having to
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Salem Statesman-Journal, October 11th, 2007A top Peace Corps official will visit the Mid-Valley next week in hopes
of recruiting more 50-plus-year-olds to volunteer overseas. She’s
coming to the right place.Marion and Polk counties have
thousands of
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Reuters, October 10th, 2007Democratic presidential candidate Hillary Clinton on Tuesday
proposed a retirement savings plan for lower- and middle-class families
that would include tax credits as incentives for saving.
The plan, estimated to
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USA Today, October 10th, 2007Editor's Note: The article below presupposes that all Baby Boomers approaching retirement age will be taking Social Security begining at age 62. Depending on your life expectancy and retirement situation, this
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Marketwatch, October 9th, 2007If you're
suffering from sticker shock shopping for long-term health-care plans,
pooling your resources could cut those jitters substantially. Instead
of buying for one, advisers and analysts say you can sometimes slash
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The Motley Fool, October 9th, 2007Horror flicks, haunted houses, sticky-fingered goblins, and fake
spiders in the office fridge -- it's all standard fare this time of
year.
But if you want to see something really scary, check out the nightmare today's
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Yahoo News, October 8th, 2007A 2003 overhaul of Medicare that
changed the way oncologists are reimbursed for their services did not
alter cancer patients' perceptions of their quality of care, a new survey
found.The poll also found that cancer patients
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The New York Times, September 8th, 2007Tens of thousands of Medicare recipients have been victims of deceptive sales tactics and had claims
improperly denied by private insurers that run the system’s huge new
drug benefit program and offer other private
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Asheville Citizen-Times, October 7th, 2007I received a lot of questions following my last column about reverse
mortgages, which made me realize there are misconceptions about them.
Here are the top eight misconceptions:1. I’ll have to sign over the
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The Motley Fool, October 5th, 2007You have three big questions about your retirement plan:
Will I be able to retire?Will my money last as long as I do?What will my fallback be, now that cat food is tainted?
They're easy to ask, but not quite so easy
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Yahoo News, October 5th, 2007Elderly patients with an aggressive form
of blood cancer lived about 20 months longer when given the
drug thalidomide as part of their treatment, French researchers
said on Friday.The drug also slowed the spread of myeloma,
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Yahoo News, October 3rd, 2007 Legalizing doctor-assisted
suicide does not lead to a "slippery slope" of excess deaths among
the vulnerable poor, uninsured, elderly or other patients, according to a
U.S. study in the October issue of the Journal of
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The New York Times, October 3rd, 2007Arguing is an inevitable part of married life. But now researchers are
putting the marital spat under the microscope to see if the way you
fight with your spouse can affect your health. Recent studies show that how
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Marketwatch, October 2nd, 2007The U.S. Supreme Court on Monday asked the Solicitor General's Office to comment on an appeal by an AT&T Corp. pension plan facing a $31.2 million judgment in a
class-action lawsuit over lump-sum retirement benefits
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Center for Retirement Research at Boston College, October 2nd, 2007Most of the discussion of retirement security focuses on declining
Social Security replacement rates, modest 401(k) balances, the low
level of saving, and longer life expectancy.
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