How The Sackler family made billions from deaths due to OxyContin overdose.
How The Sackler family made billions from deaths due to OxyContin overdose. How government regulators were paid off and doctors looked the other way
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
* 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. […]
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 […]
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 […] […]
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 […]
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 […]
(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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
I had a funny realization recently upon reading the announcement of Microsoft’s new CEO and Bill Gates’ step down from his role as Chairman of the company’s board – that even Bill Gates has to continuously ask himself the quintessential question, “What’s next?”! While many of us may be too humble to compare ourselves to […]
With the recent focus on The Affordable Care Act, better known as Obamacare, many of us in the sandwich generation are wondering how this will not only impact our healthcare and that of our children but also our elderly parents’ coverage. Changes that Obamacare has imparted that may be seen as a positive change for […]
A new study by the Insurance Institute for Highway Safety finds car-crash deaths have fallen quite a bit among older drivers during the past 15 years. The rate of fatal crashes among drivers age 70 and older fell 42% per licensed driver between 1997 and 2012, outpacing the 30% drop for drivers age 35 to […]
BloomerBoomer interviewed the editor of this report, Susan Garland, of Kiplinger’s Retirement Report. You can hear her interview here and at iTunes. Retiring at age 65 is becoming as much of an anachronism as getting a gold watch and a traditional defined-benefit pension. Medicare still kicks in at that age, but your full Social Security benefit […]
When it comes to planning for retirement, women feel less prepared than men. That’s according to the New Retirement Mindscape 2013 City Pulse index survey, commissioned by Ameriprise Financial. Only 38 percent of women surveyed as part of the study say they feel on track for retirement (or the […]
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Strength Training Exercises for Women by fitness expert, Joan Pagano, is a jam-packed guide that includes and demonstrates more than 200 exercises to rev up the metabolism, build healthy bones, and tone the overall body. A seasoned writer of health and fitness books specifically tailored to women, Joan Pagano provides readers with simple and effective […]
Seniors who exercise gain physical, mental and emotional benefits that they would not get by sitting still. Whether it is gardening, walking or a more intense activity, regular exercise improves seniors’ well-being, especially when they work out with friends or family. Innovative Fitness Programs for Seniors Fitness is not […]
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The Centers for Medicare and Medicaid Services (CMS) might be moving closer to covering lung cancer screening for high-risk individuals. On February 10, the agency opened a 30-day public comment period, which is part of the decision-making process regarding coverage. The move follows the issuance of guidelines by the US […]
You may have big dreams for your retirement: sailing around the world, starting a new business, spoiling the grandkids. But if you’re piling up more debt than savings, those retirement dreams may have to be deferred. It turns out the majority of people who contribute to retirement plans, such […]
Randy Biehl spent 25 years as a U.S. probation and parole officer. Now he owns and runs his own winery in Upstate New York. Suzie Ford was an out-of-work banker and her husband, Tom, was a career airline pilot who, in Suzie’s words, "never saw his family, but loved […]
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Hi, I’m Carol and I’m retired. Now without thinking, does your mind immediately picture someone ancient and befuddled, physically and mentally in decline? That’s one of the ageist stereotype applied to retirees; people worn out, dried up and a burden on society. Just so you know I’m an active […]
WASHINGTON , February 12, 2014 — Ten thousand. That is a lot of people. Ten thousand people can fill a good sized minor league stadium. But what is the significance of ten thousand? Every day, ten thousand baby boomers retire. And that is the leading edge of a tsunami that […]
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Shirley Temple Black, Famed Child Star, Dies Agence France-Presse — Getty Images Shirley Temple Black, who as a dimpled, precocious and determined little girl in the 1930s sang and tap-danced her way to a height of Hollywood stardom and worldwide fame that no other child has reached, died on […]
Joe Raedle / Getty Images People show their support for the Affordable Care Act during a rally in front of the Stephen P. Clark Government Center in Miami, on Oct. 10, 2013. While the new Obamacare insurance marketplaces have been plagued by dysfunction, an existing coverage program curtailed by […]
Basketball great Kareem Abdul-Jabbar has delivered another spectacular slam dunk, 25 years after retiring his jersey. At age 66, he has written an article bursting with insight and inspiration for his fellow aging baby boomers. “Kareem Abdul-Jabbar’s Three Rules of Retirement” appears in the February 2014 edition of The […]
With so much talk about The Affordable Care Act, also known as “Obamacare,” many of us in the Sandwich generation are wondering how this law will impact not only the healthcare of ourselves and our children, but also that our of elderly parents. Most of us are still learning how the changes in government guidelines […]
We boomer women well know that certain events were life transforming—both for each of us as individuals and for our generation as a whole. Two such events took place within the period of three months…. a mere 50 years ago! Back in late 1993 and early 1994, many of […]
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Welcome to our "Like An Olympian" series. During the 2014 Sochi Olympics, HuffPost Healthy Living will take a look at lifestyle and fitness lessons from competitors, coaches and former Olympians alike. Three-time Olympian and 1998 super G gold medalist Picabo Street will be working with Fox Sports as an […]
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The American Society on Aging (ASA) is pleased to announce the seven 2014 ASA Leadership Award winners. The ASA Awards program recognizes the contributions of individuals and organizations to the field of aging and to the ASA. The award winners will be honored on Tuesday, March 11, 2014, during the 2014 Aging in America Conference, held […]
Feb 5 (Reuters) – CVS Caremark Corp said on Wednesday that it would stop selling tobacco products at its 7,600 stores by October, becoming the first U.S. drugstore chain to take cigarettes off the shelf. Public health experts called the decision by the No. 2 U.S. drugstore chain a […]
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I have friends from high school who still love to surf. Of course there are many thousands of us over 55 practicing yoga. Unlike surfing, yoga doesn’t have to be done outdoors, but as any yogi can attest, it’s just so.much.better.that.way. But why does a love of nature equate to more attractive online personas? […]
Cody’s Fitness Cody Sipe, Phd: Cody Completed his master’s degree in exercise science at Virginia Tech where he specialized in cardiac rehabilitation. His doctoral studies began at the University of Virginia and finished at Purdue University where he earned a PhD in exercise science. During his time at Purdue he also served as Director of the renowned A.H. Ismail […]
Cody’s Fitness Cody Sipe, Phd: Cody Completed his master’s degree in exercise science at Virginia Tech where he specialized in cardiac rehabilitation. His doctoral studies began at the University of Virginia and finished at Purdue University where he earned a PhD in exercise science. During his time at Purdue he also served as Director of the renowned A.H. Ismail […]
On his 65th birthday, physical therapist Gary Kinsey incorporated a company that makes medical devices. “It is a huge risk,” said Kinsey, now 67, owner of North Florida Medical Solutions Inc. in Gainesville. “I have sunk everything I have into it the last two years. I have put myself out on the line.” Older […]
Cody’s Fitness Cody Sipe, Ph.D.: Cody Completed his master’s degree in exercise science at Virginia Tech where he specialized in cardiac rehabilitation. His doctoral studies began at the University of Virginia and finished at Purdue University where he earned a Ph.D. in exercise science. During his time at Purdue, he also served as Director of the renowned A.H. Ismail […]
When I was a kid back in the 50’s, my parents would load my brother and I into the car and off we would go on a road trip. The trips were usually no more than an eight hour drive from home because any longer would risk mayhem in the back seat. Since we lived […]
LOS ANGELES (AP) — There is no more beautiful sound than the voices of siblings swirled together in high harmony, and when Phil and Don Everly combined their voices with songs about yearning, angst and loss, it changed the world. Phil Everly, the youngest of the Everly Brothers who took the high notes, died Friday […]
Would Your Holidays be Different If You Knew You Had a Terminal Illness? Woman Living with Incurable Cancer Offers 3 Ways to Get the Most Out of Every Day Jane Schwartzberg cringes when she hears someone say that a terrible accident or frightening medical diagnosis made them realize what’s important in life. “In some ways, […]
CHICAGO (Reuters) – Now that the baby boomer age wave is crashing ashore, Americans are retiring by the boatload. About 10,000 of us will turn 65 every day for the next 17 years, the Pew Research Center tells us. If someone on your gift list is hitting the beach this holiday season, a little guidance […]
NEW YORK (Reuters) – Don’t look now, but some of the same folks who have been spreading fear about the woeful lack of retirement readiness among American workers have something new to say on the subject: a financial industry study that asserts that we’re doing a lot better than we think. “Americans’ retirement well-being has […]
Every year especially in January thousands of baby boomer, couples are projected to file for divorce. In fact, January is the month when courts around the country accept the largest number of divorce filings. It also marks the official start of the new tax season. Mark Baer Esq., prominent family-law attorney and mediation expert believes […]
NEW YORK (Reuters) – Wal-Mart Stores Inc is sticking with Bank of America’s Merrill Lynch unit to run its 401(k) program with $18 billion in assets, Wal-Mart confirmed on Tuesday. Earlier this year, the Bentonville, Arkansas-based retailer put its retirement plan – the largest private plan in the U.S. in terms of participants – up […]
(Reuters) – 56 year old Anchorwoman Katie Couric, who has hosted high-profile programs on all three major U.S. television networks, will head a team of global correspondents and help shape news coverage at Yahoo Inc., the Internet company announced on Monday. Couric will join Yahoo next year as global anchor while continuing to host her […]
DALLAS (Reuters) – In a Dallas college classroom about six miles from where John F. Kennedy was gunned down half a century ago, members of the millennial generation have been learning why the assassination was a life-altering moment for so many in the baby-boom generation. For years, Tom Stone has offered a course at Southern […]
LOUISVILLE, Ky.- According to a national survey of Medicare-eligible Americans conducted this year by Humana Inc. (NYSE: HUM), one of the nation’s leading health and well-being companies, 70 percent of people 65 and older say that selecting the right Medicare coverage impacts their ability to live a healthy life. Consequently, people eligible for Medicare coverage […]
How to Pack Medications If you use prescription medications in your daily life, you are well aware of how important they are to your health. Many travelers worry about traveling with medication and make crucial mistakes along the way. First, make sure you don’t pack your medication in your checked luggage. If your luggage gets […]
It’s so easy to share all that holiday fun in an instant: One click and you can cover Facebook, Twitter, Instagram and all your other social media accounts. Two seconds later, everyone who wasn’t included will know about it, too. Or someone might notice that you’ve checked in at a store that holds the item at the top […]
After recovering from an undisclosed illness, 71 year old Aretha Franklin is returning to the concert stage with a December performance in her hometown of Detroit. The Detroit News says the Queen of Soul will sing Dec. 21 at the MotorCity Casino Hotel’s Sound Board. Franklin is involved in recording an album for Clive […]
“No man is an island.” It is hard to live life alone. This is especially true if you had a divorce or your spouse passed away, as they were happy until their spouses left them. This is the reason why the same people are considering remarriage or marrying another person, regardless of their age. However, […]
Traveling on different countries can be very enjoyable; you get to meet new people, learn about the country’s cultures, visit interesting tourist spots, try out new food, and many other things you can’t do on your own country. However, while it may be worthwhile, traveling in other countries presents a risk to your health, […]
In the past few years, it is common for grandparents to give their grandchildren expensive Christmas gifts such as the newest models of Playstation and Xbox. Nowadays, the trend has changed, as most grandparents are replacing these Playstations and Xboxes with small envelopes containing money or gift certificates that can help them during their college […]
As we age, regular exercise is critical for maintaining and improving bone and muscle strength. And yet if not done properly, exercise can result in pain and injury, especially for people older than age 50. The baby boomer generation, those born between 1946 and 1964 (ages 49 to 67), are at increased risk for: Tendonitis, […]
WASHINGTON (AP) — Social Security benefits for nearly 58 million people will increase by 1.5 percent next year, the government announced Wednesday. The increase is among the smallest since automatic adjustments were adopted in 1975. It is small because consumer prices haven’t gone up much in the past year. The annual cost-of-living adjustment, or COLA, […]
A study of 1.024 adults age 50 and older finds 9 out of 10 of those who still work are very or somewhat satisfied with their jobs.
ANAHEIM, Calif. (AP) —A study by The Associated Press-NORC Center for Public Affairs Research finds that 9 in 10 workers who are age 50 or older say they are very or somewhat satisfied with their job. Older workers reported satisfaction regardless of gender, race, educational level, political ideology and income level. Consider Oscar Martinez. If […]
WASHINGTON (AP) — Raising the eligibility age for enrolling in Medicare won’t produce nearly the cost savings that had been assumed previously, said a new report issued Thursday. The Congressional Budget Office analysis says that phasing in an increase in the eligibility age from 65 to 67 years old would lower the budget deficit by just $19 […]
PARSIPPANY, N.J., — There are more “boomerang” adult children today than at any time in the last 50 years. During the recent recession, roughly 12 million young adults moved back home with their parents (at least temporarily). Recent survey research indicates that approximately 29 percent of parents with adult children report that a child has moved […]
Sophia Loren once served time in an Italian jail for tax evasion. Now Italy’s top court has handed the 79 year old actress a victory in a nearly 40-year-long battle over back taxes. The Rome-based Court of Cassation ruled Wednesday the beauty icon was right when calculating tax owed on her 1974 income. Loren’s tax experts, […]
A new high-dose flu vaccine for seniors works better than the standard shot in that age group, according to a long-awaited study by the vaccine’s manufacturer. Experts say regular flu shots tend to be only about 30 to 40 percent effective in people 65 and older, who generally have weaker immune systems. Sanofi Pasteur’s Fluzone […]
A 66-year-old man has been arraigned in the fatal shootings of two women at a Detroit home for senior citizens. Mike Reda (REE-‘duh) is charged with two counts of first-degree murder and other felonies. He was arraigned Wednesday. Reda was arrested after the Sunday slayings of 59-year-old Deborah Socia and 61-year-old Maria Gonzalez at the Pablo Davis […]
Billy (Michael Douglas), Paddy (Robert De Niro), Archie (Morgan Freeman) and Sam (Kevin Kline) have been best friends since childhood. So when Billy, the group’s sworn bachelor, finally proposes to his thirty-something (of course) girlfriend, the four head to Las Vegas with a plan to stop acting their age and relive their glory days. However, […]
ROCKFORD, Ill. (AP) — When Charlie Worboys lost his job, he feared searching for a new one at his age might be tough. Six years later, at 65, he’s still looking. Luanne Lynch, 57, was laid off three times in the past decade and previous layoffs brought jobs with a lower salary; this time she […]
WASHINGTON (AP) — Doctors may soon have two new drug options for patients with hepatitis C, just as the liver-destroying virus becomes a major public health concern for millions of baby boomers. The Food and Drug Administration holds a public meeting this week to review two experimental medications from Johnson & Johnson and Gilead Sciences. […]
NEW YORK (AP) — After five up and down years, Jim Lentz thinks Toyota is right where it’s supposed to be. Five years ago, the company unseated General Motors as the world’s biggest automaker and its cars dominated much of the U.S. market with a reputation for bulletproof reliability. Toyota even weathered the Great Recession […]
WASHINGTON (AP) — The federal government is back open for business. The Obama administration changed the government’s status to “open” early Thursday, more than two weeks after a partial shutdown took hold when funding from Congress ran out. Minutes after President Barack Obama signed a hard-fought deal struck in Congress, the White […]
The Essential James Taylor is the first 2CD anthology of biggest hits and greatest songs from the quintessential singer-songwriter spanning the full course of the artist’s career. It is also the first James Taylor collection to provide equal focus on both his Warner Bros. and Columbia Records catalogs. Inducted into both the Rock & Roll Hall of Fame […]