A survey released in April found that more than half of retired Americans (53 percent) are concerned about running out of money. The study conducted by PNC Financial Services Group also found that 52 percent had been drawing money from their savings. Of those, nearly 60 percent had done so for everyday expenses. While drawing…
Researchers in a 13-year study that followed over 5,000 midlife adults found that a subject’s physical ability in midlife provided clues to whether they survived the next decade. Subjects self-reported their physical ability for routine tasks such as grip strength, maintaining balance while standing and chair rise rate (the speed at which an individual goes…
World News in Nursing Report ran an article about celebrating an increase in the average time doctors saw patients. The increase was for 32 seconds longer. That was in 2007. The article was in response to consumer complaints that began at least as far back as 1995 that doctor visits were too short. Even back…
By the time you’ve worked three or more decades the idea of retiring sounds pretty good. But, the question Marc Freedman asks is do you really want to make that leap from going 100 miles an hour every day to a full time life of leisure for now until forever? Freedman is the CEO and…
Financial planners recommend that if you have to choose between financing your retirement and financing your child’s (or grandchild’s) education—choose your retirement. That’s usually because it’s difficult for most people to do both and their retirement savings take a hit as a result. But, if you are only thinking about co-signing a loan rather than…
The cost of long-term care can exceed the ability of most families to pay for it (a skilled nursing facility can cost as much as $100,000 a year or more). One option is to qualify for government benefits such as Medicaid. Because Medicaid is a need-based benefit, people hoping to meet eligibility requirements often look…
We’re getting rained on this week in the Pacific Northwest so we’re likely to miss some important news about rain. Mainly that California hasn’t had enough rain in three years to sustain it’s role as the breadbasket of the nation. The result is that the cost of produce is expected to jump in the next…
Are you considering transferring your home to your child while you are still alive? Sometimes parents go this route because they want to reduce the taxable value of their estate; because they want to help their child out; because they want to qualify for Medicaid, or because they want to make sure the home stays…
In 2012, The Food and Drug Administration issued a warning linking the use of statins to memory loss and confusion unrelated to dementias such as Alzheimer’s disease. Because of that warning, some experts recommended against the use of statins for the approximately 30 million, mostly older Americans, using statins to control cholesterol levels. However, new…
I’ve recently turned 50. In the spirit of celebrating that milestone, I started doing one thing new each week. (I’ve since discovered there’s a book about that.) Some of the new things I’m doing are fun (like learning how to make mozzarella) and some are not so fun. That’s because 50 is the year for…
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