Archive for March, 2014

Thinking Of Retiring? Consider Your Health

Thinking Of Retiring? Consider Your Health

| March 31, 2014 | 0 Comments |

        Manuel “Manny” Aguirre, 80, has been mixing cocktails at Musso and Frank Grill in Los Angeles for more than two decades. He works part time and could retire — but he doesn’t want to. The Musso and Frank Grill is a cherished time warp in Los Angeles. Once inside, you’re in […]

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Vegan Diet For A Healthy Life?

Vegan Diet For A Healthy Life?

| March 28, 2014 | 0 Comments |

By Sarah Taylor – It starts when we’re 40 … the painful knees, the lack of energy, the puffing breath as we climb a few flights of stairs … it’s the beginning of our declining health.  We tell our friend about our painful knees and he complains about his cholesterol.  Our neighbor complains about her blood […]

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Footloose Star Kevin Bacon Turns 55

Footloose Star Kevin Bacon Turns 55

| March 27, 2014 | 0 Comments |

        For my generation, Footloose was one of those movies we all saw in the theater and on cable reruns at least a dozen times. Last week, Jimmy Fallon teamed up with Bacon to produce this tribute to the classic coming-of-age film on The Tonight Show. Fans of the movie went nuts […]

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Recession Hits Affluent of Retirement Age

Recession Hits Affluent of Retirement Age

| March 27, 2014 | 0 Comments |

As baby boomers continue to reel from the recession, even the affluent admit that saving for retirement is a struggle. Only 28% of affluent investors are highly confident that they can generate enough income in retirement to cover all of their expenses. In response, the average respondent is delaying retirement until 68, according to a […]

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Pet Spending Spree: All Time High

Pet Spending Spree: All Time High

| March 26, 2014 | 0 Comments |

        LOS ANGELES — Dogs and cats have become part of the American family’s inner circle over the past 20 years, sleeping in their own beds or yours, eating food bought specially to help their digestive tracts, drinking purified water and cuddling up in chairs on heated pads made to fend off […]

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Best Retirement Advice:   Never Retire

Best Retirement Advice: Never Retire

| March 26, 2014 | 0 Comments |

        By now, we all know how difficult retirement is — especially the planning part. But there is a group of people who believe they have a solution: Never retire. These folks, both the Boomers and the Greatest Generation, say they will never retire because they would be bored to death and […]

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The Cheapest Medicare Option

The Cheapest Medicare Option

| March 25, 2014 | 0 Comments |

Enrollees Could Save Almost 20% over Original Medicare and 45% Over Medigap Each day approximately 10,000 Americans turn 65,1 the age at which they are eligible for Medicare insurance.2 These 65 year-olds face a confusing array of Medicare decisions. Assuming they have no insurance coverage from an employer or union, they face 3 main Medicare […]

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Boomer Business Owners’ Retirement Plans

Boomer Business Owners’ Retirement Plans

| March 25, 2014 | 0 Comments |

Financial and estate planners are saying that many baby-boom small business owners have not planned for succession at their business. Most expect to sell or close them. (Credit: iStock) The impending retirement of thousands of business owners presents an economic challenge for Long Island and the nation because most haven’t made plans for what happens […]

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Boomer Couples Coexist In Retirement

Boomer Couples Coexist In Retirement

| March 23, 2014 | 0 Comments |

FOR Daniel Ryan, turning 40 and 50 came and went. But sometime around his 61st birthday last July, he said he had an “old man crisis.” Five months later, he retired. After spending 36 years in sales and marketing at MillerCoors, the beer company, he was in the enviable position of having a pension and […]

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Warning About Long-Maturity Bonds

Warning About Long-Maturity Bonds

| March 21, 2014 | 1 Comment |

* Beware of Bonds. Yesterday, the Fed’s chief Janet Yellen signaled the the Fed may raise interest rates within the next year. The bond market has already reacted. If you’re in funds that have long-maturity bonds — 10 years or more — you should switch to shorter maturities. Bonds lose value when inflation or interest rates rise. […]

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Senior Fitness Programs

Senior Fitness Programs

| March 21, 2014 | 2 Comments |

          You are here Home » Classes & Programs » Senior Fitness In-Shape offers senior fitness programs dedicated to helping our senior members stay active and live a healthy lifestyle. These programs provide specialized exercise for seniors and, in some cases, even free membership. In-Shape Health Clubs proudly partners with the […]

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Retirement Good For Your Health

Retirement Good For Your Health

| March 20, 2014 | 0 Comments |

          Does retirement better health, or make it worse? A new study published in The Journal of Human Resources point to the former. “Results indicate that the retirement effect on health is beneficial and significant,” Michael Insler, an assistant professor of economics at the US Naval Academy, writes. Insler tells […] […]

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Getting Portfolio Ready for Retirement

Getting Portfolio Ready for Retirement

| March 19, 2014 | 0 Comments |

        Baby Boomers nearing retirement may lie awake at night worrying about their assets. Will they be substantial enough, they may wonder, to see them through retirement? The question may take on more urgency in the wake of the 2008 financial crisis. A wave of subprime foreclosures and the collapse […] In […]

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Medicare Exam Of Doctors

Medicare Exam Of Doctors

| March 19, 2014 | 0 Comments |

          Today is the first day that Medicare will officially begin accepting requests from the public (PDF) under the Freedom of Information Act for doctors’ personally identifiable payment information. The change comes just as drug companies and devicemakers are preparing to reveal payments to doctors, which is in addition to the […]

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They’re Back – Baby Boomers and Reverse Mortgages

They’re Back – Baby Boomers and Reverse Mortgages

| March 17, 2014 | 0 Comments |

  (Reuters) – U.S. baby boomers desperate for retirement income are increasingly turning back to a financial product that, after the housing bust, had been left for dead: the reverse mortgage. Many retirees haven’t saved enough to cover expenses for the rest of their lives. But many of them have one major asset – a […]

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Why Should Unemployment Rates Matter to Your Retirement

Why Should Unemployment Rates Matter to Your Retirement

| March 17, 2014 | 0 Comments |

Why Unemployment Rates Matter to Your Retirement By Dennis Miller My biological clock is ticking—as is yours and everyone else’s. With each passing day, you are either moving closer to or further past the day you quit working full time. Baby boomers are retiring at a rate of 10,000 […] My biological clock is ticking—as […]

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Once Again – Exercise Benefits In The Genes?

Once Again – Exercise Benefits In The Genes?

| March 17, 2014 | 0 Comments |

How do you take this story.  Not sure if it’s good news or bad.  The American Physiological Society (APS) claims certain gene variants may have an impact on the benefits older adults receive from exercise. While physical exercise remains the only intervention to date to consistently demonstrate a reduction in age-related physical function declines, these findings could […]

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Dentist’s Are Human Too – Don’t Be a Victim of Laziness and Greed

Dentist’s Are Human Too – Don’t Be a Victim of Laziness and Greed

| March 10, 2014 | 0 Comments |

Top Ten Ways People Can Become Educated Dental Consumers By Dr. Jeffrey Dorfman People who visit a dentist should become educated about how to differentiate good from bad dentistry. One can certainly search online for dentist reviews or review malpractice claims on various websites of dubious quality. People may also visit the dental office and […]

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Middle-aged people actually more likely to fall victim to con artists than ‘risk averse’ senior citizens, study says

Middle-aged people actually more likely to fall victim to con artists than ‘risk averse’ senior citizens, study says

| March 10, 2014 | 0 Comments |

A surprising new study to be presented at a conference this week, however, shatters that idea, suggesting, if anything, that senior citizens may be less likely than people in other age groups to fall victim to con artists. Data from large U.S. surveys and registries of fraud complaints indicate the percentage of victims peaks in […]

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Top 5 Retreats for Baby Boomers

Top 5 Retreats for Baby Boomers

| March 10, 2014 | 0 Comments |

It’s no surprise then that, according to Senior Living magazine, research shows that seniors prioritize travel. With unmatched free time and larger savings, you can use your retirement to discover new territory.  You can finally devote your time to yourself and your partner, exploring each other’s interests that, in the past, have taken a backseat […]

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The Case For Never Retiring

The Case For Never Retiring

| March 8, 2014 | 0 Comments |

But there’s a counterargument to be made: Could it be better to never retire at all? For some people who are lucky enough to be financially stable and can find a job to their liking, staying in the workforce well into their golden years might make sense. Perhaps you’re nearing retirement and think you’re in […]

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How to maximize your most valuable retirement asset

How to maximize your most valuable retirement asset

| March 4, 2014 | 0 Comments |

Most people aren’t careless with the things they value the most. Surprisingly, one exception is how most people treat their most valuable retirement asset — Social Security. Half of all Americans start their Social Security benefits at the earliest possible age (age 62), which generates the lowest amount of […] Click here to view original […]

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Vin Scully Makes Everything Seem Profound And Amazing, Even A Kid Rolling Down A Hill (VIDEO)

Vin Scully Makes Everything Seem Profound And Amazing, Even A Kid Rolling Down A Hill (VIDEO)

| March 4, 2014 | 0 Comments |

Legendary Dodger Broadcaster Vin Scully throws out ceremonial first pitch at Dodger Stadium on August 30, 2012 in Los Angeles, California. (Photo by Mark Sullivan/WireImage) Legendary Dodger Broadcaster Vin Scully throws out ceremonial first pitch at Dodger Stadium on August 30, 2012 in Los Angeles, California. (Photo by Mark […] Click here to view original […]

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22 Photos That Prove The Oscars Were Ridiculously Fun In The ’70s

22 Photos That Prove The Oscars Were Ridiculously Fun In The ’70s

| March 4, 2014 | 0 Comments |

oscars 70s protest In a golden decade for American film, the Oscars encompassed the gritty, unadulterated fun of the 1970s. The red carpet fashion, the political statements, and the backstage romances stole the spotlight away from the actual Best Picture winners. C-3PO worked the paparazzi like no other protocol […] Click here to view original […]

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New Study: ‘Boomers’ Leading The Way to Entrepreneurism

New Study: ‘Boomers’ Leading The Way to Entrepreneurism

| March 4, 2014 | 0 Comments |

By Jeff Mariola: A study by the Ewing Marion Kauffman Foundation reports that the highest rate of entrepreneurial activity over the last few years is not Gen-Y young upstarts, but Baby Boomers in the 55-64 year age group. In fact, according to this study, these Boomers are actually driving a new entrepreneurship boom. Upstart companies […]

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Your Medicare card: Go ahead, leave home without it

Your Medicare card: Go ahead, leave home without it

| March 1, 2014 | 0 Comments |

It’s a peculiar anachronism in this era of digital insecurity: Social Security numbers are printed on every Medicare card, and the back of the card instructs seniors to carry it with them at all times. (Medicare’s identification number is called the Health Insurance Claim Number, but your HICN is your Social Security number.) If a […]

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Q&A: How much do you need to save for retirement?

Q&A: How much do you need to save for retirement?

| March 1, 2014 | 1 Comment |

One rule of thumb is that you’ll need about eight times your final year’s pay when you retire. So if you’re making $50,000 a year, you’ll need $400,000 to retire, according to Fidelity Investments. The calculation assumes you’ll live 25 years in retirement, so this would see a 65-year-old through until 90. The calculation make […]

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