November 2009 - Posts
KGO News, November 18th, 2009
Can you afford NOT to have long term care? The long term care crisis and its impact on your family's future financial security.
Long term care crisis: The cost of long term
care can severely impact your family's future
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The Wall Street Journal, November 13th, 2009
Is it true that as a 64-year-old divorcee, who was married
for 13 years and hasn't remarried, I would be eligible to collect half
of my ex-husband's Social Security benefit? My ex-husband is 67 and has
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The Wall Street Journal, November14th, 2009When Doug Foth, a retired accountant in Grandview, Wash., got ready to
sign up for Medicare last summer, he recruited his daughter, a human-
resources manager, to help him."We went through the Medicare Web
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Annapolis Capital, November 15th, 2009Q: I am new to Medicare. I have my Medicare Part A and
Part B. I elected a Medigap plan to complement my Medicare A and B.
However, I am not on any medicines and so do not see the advantage for
enrolling in Medicare
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MSNBC, November 15th, 2009Ah, retirement! Before the 1950s it was
something only the wealthy could afford to do. Everyone else needed an
income, and most folks struggled to get by in the industrial economy as
their faculties deteriorated. Back in the
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Social Science Research Network, November 15th, 2009Many
consumers make poor financial choices and older adults are particularly
vulnerable to such errors. About half of the population between ages 80
and 89 either has dementia or a medical diagnosis
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Medicine.net, November 9th, 2009The self-reported health of the newly retired improves so much that
most feel eight years younger, a new European study suggests.This happy news was true of most everyone except a small minority --
only 2% -- who had
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Associated Press, October 14th, 2009A surprising number of frail, elderly Americans in nursing homes are
suffering from futile care at the end of their lives, two new federally
funded studies reveal.
One found that putting nursing home
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Reuters Health, November 9th, 2009Older people with stronger muscles are at reduced risk of developing Alzheimer's disease compared to their weaker peers, a new study shows.
Dr. Patricia A. Boyle of Rush Alzheimer's Disease Center
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Detroit Free Press, November 9th, 2009Seniors looking to buy supplemental Medicare policies may have to do
more work to learn about them. They often aren't widely advertised by
leading insurers.
But several companies new to the business
hope
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Nevada Appeal, November 8th, 2009After a lifetime of hard work, no older American deserves to spend
their later years struggling with medical bills, foregoing or cutting
prescription drugs to make them last or avoiding preventative or basic
care because
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Business Week, November 8th, 2009Markets may have rebounded in 2009, but individual investors are still edgy and shell-shocked. Even
as the broad Standard & Poor's 500-stock index remained up 56%
since March, the U.S. unemployment rate crept above
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US News & World Report, November 4th, 2009Almost half of laid-off workers succumbed to the temptation of spending their retirement
stash last year. Some 46 percent of retirement savers who left their
job in 2008 cashed out their 401(k), according
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CNN Money, November 3rd, 2009Question: My husband and I are in our late '50s and haven't
put anything away for retirement, although we do own our home. We
figure we'll work another 10 years or so before retiring. Do you have
any helpful suggestions
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The New York Times, October 16th, 2009MANY retirees are in a cash crunch — with a lower income stream from their investment portfolios, personal expenses that are higher than expected, or both. While
most assets can be used to generate liquidity,
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The New York Times, October 16th, 2009If you think you’ve had a hard time reckoning with your own finances in
the last 18 months, try putting yourself in the shoes of the financial planners who’ve been answering to scores of unhappy clients. The planners,
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The New York Times, October 14th, 2009NOW that you’re about to retire, there’s good news and bad news about your health insurance. The good news: When you turn 65, you’re eligible for Medicare
— all in all, a pretty affordable way to get coverage for
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The New York Times, October 24th, 2009It is well known that during the nation’s gale-force recession, many older Americans who dreamed of retirement continued to work, often because their 401(k)’s had plunged in value.In fact, there are more Americans
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The New York Times, October 14th, 2009PEOPLE over 65 should buy a Medigap policy, consumer advocates say, but picking
a Medigap plan can be difficult, and at least one important health care
bill heading for a vote in the Senate could make it even harder.The
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The New York Times, October 31st, 2009MEDICARE recipients, it’s your turn.For the last few weeks, my Patient Money colleague Lesley Alderman
and I have been giving advice on how to navigate the open enrollment
season for employee health benefits. But
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Science Daily, November 1st, 2009A new study in the journal Sleep shows that retirement is
followed by a sharp decrease in the prevalence of sleep disturbances.
Findings suggest that this general improvement in sleep is likely to
result from the removal
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Detroit Free Press, November 1st, 2009QUESTION: What kinds of changes are we seeing in Medicare this fall in Michigan?ANSWER:
There are two primary changes. The first is there are fewer plans being
offered and secondly the prices of the plans being
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