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
Tag: featured
Older Women and Challenges of Wealth
During her 35-year marriage, Jill DeVaney earned significantly less than her husband, a television executive, but always handled the family finances. So when the couple divorced in 2012, splitting assets worth “several million dollars,” she said, “I knew where the money was.” Now a semiretired interior designer in Chicago, Ms. DeVaney, 63, has hired a […]
Check Your Vision – You Might Live Longer
A new study finds that declining vision health may be linked with shorter survival rates in older adults. It’s common for adults to have vision problems as they get older. Starting in their 40s, many adults start developing near-sightedness, which is a normal part of the aging process and may […]
Staying Fit At 50+
Exercise is one of the many keys to long-term health and vitality. As a natural part of aging, muscles weaken and joints get stiffer, but the key to getting the most out of an exercise regimen is to understand one’s strengths and limitations, and adjusting the workouts accordingly. Although we all understand the benefits of […]
Five Questions To Ask Before Surgery
-By David Rosen, MD, President of Midwest Anesthesia Partners The Baby Boomers are causing a boom in surgeries. Although Boomers have higher life expectancy than their parents’ generation, they are unhealthier. “The Status of Baby Boomers’ Health in the United States”, a study published last year in JAMA Internal Medicine, found that Boomers have “higher […]
Diet Tips For People Over 50
By Kimberly A. Tessmer, RDN, LD For those over 55 years old diet and health seem to become more of a priority than in our younger years. Risks for certain health conditions including type 2 diabetes, certain types of cancers, osteoporosis and heart disease raise dramatically so it is more important than ever to be […]
Amazing Aging Population
Healthcare and the Amazing Aging U.S. Population Between 2016 and 2034, the baby boomer generation – the largest population group in the United States – will begin retiring from the labor force. Baby boomers include all people born in the United States between the years 1946-1964, estimated to be 77.3 million people or nearly 25 […]
The Third Act – Who Can’t Dance?
Partly a story about how a great dance instructor assembled a group of amateurs and produced a show that has everyone talking. They’re amateurs in dance. But they’ve lived a lot of life. And it shows. Excerpts from the Annapolis Royal premiere, with commentary by the Choreographer/Director. For a glimpse of the darker, deeply moving side, […]
Baby Boomers Fast Facts
(CNN) – Here’s a look at what you need to know about the Baby Boomer generation, the generation of Americans born between 1946, the end of World War II, and 1964. They are the largest generation of Americans born in U.S. history. Statistics:Nearly 77 million Baby Boomers (as of 2011) 1946 – post World War […]
Seniors in Casino Land
Over the last two years, I have traveled through casinos in Louisiana, Iowa, New York and Florida talking to older Americans to learn first-hand why they come, why they stay, and why it’s so dangerous. In honor of Responsible Gaming Education Week, let me share what I’ve what learned: Why They Come: Casinos Cater […]
How Baby-Boomer Daughters Made Martha Stewart The Queen of Living Well
The Story of How, and Why, Martha Stewart Became the Queen of Living Well When Margaret Talbot profiled Martha Stewart in 1996, Stewart’s magazine “Living” had only been around for five years, but already boasted 1.5 million subscribers. Stewart had a television show, multiple books on the bestseller list, etc. etc. etc. Talbot noted that […]
Daughters Trump Sons in Aging Parent Care
Women step up to provide care for their aging parents more than twice as often as men, a new study has found. The new research found that in families with children of both sexes, the gender of the child is the single biggest factor in determining who will provide care for the aging parent: Daughters will increase […]
Passing Boomers Forecast Economic Temblor
Are baby boomers invincible? Perennially youthful celebrities Susan Sarandon, Meryl Streep, George Clooney and Bill Clinton may perpetuate the impression that the baby boomer generation, who came of age during the freewheeling 1960s and 1970s, will stay active forever. Yet statistics from the National Funeral Directors Association paint a decidedly more sobering picture: the American death […]
Baby Boomers Reverse Work Trends
One of the biggest changes in the U.S. labor market over the past two decades has been the increasing number of people working over the age of 55. From the end of World War II until the early 1990s, a smaller and smaller share remained in the labor force but since the 1990s that trend […]
At 60 – Jackie Chan on Work and Retirement
Jackie Chan: ‘I hate violence’ When you say that you are meeting Jackie Chan, everyone grins. Friends, family, colleagues… nobody has a bad word to say. It’s a bit of a surprise when you consider that he found fame by falling over and beating people up. Then again, Chan is one of the most famous […]
Heart Attacks in Women
While heart disease has long been recognized as a common health issue for men as they age, many doctors are less likely to be concerned about it in women. This is despite the fact that, according to the Centers for Disease Control, the number one cause of death in all women, regardless of race or […]
Celebrating 100 years – Panama Canal
While many dream of traveling around the globe to see such wonders as the Pyramids of Egypt or the Great Wall of China, there is an equally spectacular site in the western hemisphere. And it is celebrating its 100th birthday this year. What is it? The Panama Canal This 50-mile waterway, connecting the Pacific […]
End VA Doctor Shortage Imitate Medicare
To End VA Doctor Shortage, Medicare Funding Needs Boost As the nation grapples with the imbroglio at the Department of Veteran Affairs and a doctor shortage cited in months-long delays at VA Hospitals, policymakers are focusing on ways to boost the nation’s physician supply. The fix may lie with the Medicare health insurance program for […]
Why am I Still Single? Single Senior
Many of us have had more than one relationship in our lives. We may have been married, perhaps we’re serial monogamists or something of a player. Today we are a single senior. At times love may have eluded us and appeared to have been lost. So, navigating the somewhat turbulent waters of dating can feel […]
Colon Cancer Screenings Low Among Blacks’
According to researchers in California, Colon Cancer Screenings is Low Among Blacks’. The use of colonoscopy to look for colon cancer is infrequent despite similar access to care across races in a Veterans Affairs healthcare system. The researchers also found that having established primary care at the time of screening eligibility significantly increased screening uptake. […]
Boomers Big Beneficiary From Medical Marijuana
Baby boomers are the group that stands to benefit most from medical marijuana, and their numbers may be key to whether Amendment 2 passes or fails, activists say. In addition, industry experts say boomers 50 and older will likely drive growth of medical marijuana revenue. With this in mind, it is important to […]
Prosecutors Target Health Care Fraud
SIOUX FALLS, S.D. (AP) — The top federal prosecutors from South Dakota and North Dakota say they have increased their efforts to fight health care fraud. U.S. Attorney Brendan Johnson of South Dakota said he has restructured his office to allow lawyers in the criminal and civil divisions to devote “significant time” to investigating medical […]
Greyhound: 100 Year Old July Birthday
Americans have been “leaving the driving” to Greyhound for 100 years this month. From the price of the first ticket to billions of miles traveled, we take a look at the bus line by the numbers. (Gillian Brockell and Jhaan Elker/The Washington Post) It was nearing midnight when a sleek coach adorned with galloping canines […]
Passing the Baton: Baby Boomers & Ensuring Knowledge Transfer
The baby boomer generation can create a brain trust and enhance their legacy –the workforce is aging; however, they are also desirous of staying employed longer for several reasons, with many motivating factors. Many senior workers are motivated by their need to experience respect in their working environments and by […]
More RN’s Staying In The Workforce
Despite predictions of an impending nurse shortage, the current number of working registered nurses has surpassed expectations in part due to the number of baby-boomer RNs delaying retirement, a study by the RAND Corp. found. The study, published online Wednesday by Health Affairs, notes that the RN workforce, rather than peaking […]
Avoiding 8 Retirement Screw Ups
CNBC spoke with eight advisers, who between them came up with the eight most common mistakes made in retirement.(Photo: Thinkstock) The potential pitfalls threatening a successful retirement are many, and the biggest errors fall into both psychological and financial categories, according to financial advisers. CNBC spoke with eight advisers, who between them came up with […]
Late Start to Retirement Savings
Everyone knows the time to start saving for retirement is when you are young, but very few actually do. In fact, for those over the age of 40, a recent survey shows that their biggest regret regarding retirement is not starting to save early enough. What about those who have not saved at all? They […]
Another Vote For Fitness
Study: Moderate physical activity helps older people stay mobile It may seem obvious, but now there’s proof: Physical activity of moderate intensity can help older people stay mobile and independent, according to the largest clinical trial ever done on the issue. The study, presented Tuesday at the annual meeting of the American College of Sports […]
How Women Can Create a More-Secure Retirement
Retirement insecurity runs high among the baby boomer generation, but female boomers in particular feel less prepared for their golden years. While women continue to be a growing and thriving part of the workforce, a recent survey by Charles Schwab found that only 36% of women believe they’ll have enough money for a comfortable retirement. […]
Boomers Fuel Cash Real Estate Market Trend
Now more than ever, cash is king in real estate WASHINGTON — One in three buyers of U.S. homes is paying cash, a record high number, according to data made available to McClatchy. The trend is being driven by retiring baby boomers and rich investors, who unlike most first-time buyers can bypass tighter lending requirements […]
Medicare Spending Growth Slower Than Expected
Amid its grim projections for the economy overall, the Congressional Budget Office on Wednesday said that Medicare spending growth is slowing, although the program will take up a larger share of the economy in a decade than it does now. In an update to its January report on the nation’s budget and economic outlook, CBO […]
Senior Travel Deals – Not Always the Best
Dear Savvy Senior: What types of senior discounts are available to older travelers? My husband and I are approaching retirement and love to travel, but love to save money too. — Almost Retired Dear Almost: There is actually wide variety of travel discounts available to older travelers — usually starting at either age 50, 55, […]
Retirement Physical Fitness: 8 Steps To Getting in Better Shape
Retirees need to do physical activities that will keep them strong and flexible so they can continue to do the things they want to do for years to come — whether that’s playing with their grandchildren, living independently or going on vacations, says Wojtek Chodzko-Zajko, head of the department of kinesiology and community health at […]
Online Dating Over 55
The Golden Rules of Online Dating Judith Bitterli, CMO at AVG Technologies I have watched many of my friends try to navigate the “new world” of dating after a divorce, death or break-up. I have observed that when it comes to online dating, getting started is often the hardest part. How do you know […]
Mustang: 50 years Of Daring Moves – Some Dirty Secrets
Fifty years ago, the first Baby Boomers hit 18 with a ravenous appetite for anything outside the mainstream. The U.S. economy was booming, and the country was yearning to shake off the November 1963 assassination of President Kennedy. Ford Motor couldn’t have timed the entirely new car better. On […] Ford Motor couldn’t have […]
Medicare Payment Data Dump Opens Can of Worms
Earlier this month, the Centers for Medicare and Medicaid Services heralded the historic release of data on services and procedures provided to Medicare beneficiaries by 880,000 physicians and other health care professionals. These providers received $77 billion in 2012 under the Medicare Part B fee-for-service program. Journalists and government transparency advocates are hailing the move as […]
Retirement: How couple lives a ‘home-free’ lifestyle
Three years ago, retirees Lynne Martin, 73, and her husband Tim, 68, decided to live a “home-free” lifestyle in retirement. They gave away most of their possessions, sold their house in Paso Robles, Calif., found a new home for their dog and started traveling the world. Since then, they’ve lived in furnished apartments in Mexico, […]
Seven Big Mistakes Couples Make in Retirement
Getting ready for retirement? Just salivating at the thought of you and your spouse getting in that RV and roaming around the country? Or is your dream sitting on that deck in the morning with your spouse, a cup of coffee and a good book? If you and your spouse […]
Surprise – Obama Administration Reverses Cuts To Medicare Plans
Medicare has reversed proposed payment cuts to private heath plans in the popular Medicare Advantage program for the second straight year amid strong pushback from health insurers and Capitol Hill. The Centers for Medicare and Medicaid Services on Monday, after proposing in February a 1.9 percent cut to private plans, said government payments to insurers […]
Spunky Seniors Getting More From Retirement
A. Val JuLian Sealee, the founder of Spunky Seniors Club, skydiving. Her website helps seniors be more active. / Courtesy photo When Frank Staron was growing up, many adults hit their 60s, retired and sat in a chair, as he put it. But the 60-year-old Woodstock resident said his fellow […]
Retirement planning? Don’t forget your pets.
With the kids grown and out of the house (hopefully), pets have become an important family addition for baby boomers in retirement. When it comes to retirement planning, the topic of pet expense planning is rarely discussed. It shouldn’t be ignored. Pets are big business. According to www.americanpetproducts.org, it’s estimated […]
Dam Shame: Hoover’s Workforce Nears Retirement
WASHINGTON – More than 80 years ago, during the Great Depression, thousands of unemployed Americans traveled from far and wide to the border of Arizona and Nevada, hoping to land a precious job building and operating one of the nation’s great engineering wonders, the Hoover Dam. Today, however — even with millions of Americans unable […]
Retire In Alaska – Here’s Why
Many Americans dream of retiring to the sunbelt, where they can live out their work-free years playing on sun-kissed golf courses and lounging pool-side. But analysis by the National Institute on Retirement Security reveals seniors might want to trade their Bermuda shorts for ear muffs. Overwhelmingly, states in the upper Midwest are ranked the most […]
Thinking Of Retiring? Consider Your Health
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 […]
Pet Spending Spree: All Time High
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 […]
Best Retirement Advice: Never Retire
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 […]
The Cheapest Medicare Option
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 […]
Boomer Business Owners’ Retirement Plans
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 […]
Boomer Couples Coexist In Retirement
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 […]
Medicare Exam Of Doctors
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 […]
Once Again – Exercise Benefits In The Genes?
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 […]
Dentist’s Are Human Too – Don’t Be a Victim of Laziness and Greed
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 […]
Top 5 Retreats for Baby Boomers
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 […]
The Case For Never Retiring
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 […]
New Study: ‘Boomers’ Leading The Way to Entrepreneurism
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 […]
Your Medicare card: Go ahead, leave home without it
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 […]
More Boomer Drivers…Fewer Deaths
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 […]
5 Steps to Retire When You Want-Kiplinger
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 […]
Women Less Prepared For Retirement?
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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Taking Risks to Live Your Dream
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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