Student loans are placing a burden not just on America's young — nothing new there — but on America's seniors as well.
Securing decent retirement income in a low-yield environment is going to be a problem for a long time. Seniors who have been eking by through temporary measures need to find a permanent solution.
On average, citizens who earn the most money and have the most net wealth are 50 and over. So why is it this group that’s entitled to discounts at the movies, supermarkets, hotels, and nearly everywhere else you turn, while the young and poor pay full price?
Developers have made great strides in recent years, presenting seniors with vastly more appealing alternatives than the traditional nursing home. Still, misconceptions about retirement villages abound and may lead boomers—acting on their own behalf or for an aging parent—to dismiss these living quarters out of hand.
Medicare turned 46 last week, but instead of celebrating its major accomplishment — keeping millions of older Americans healthy — it finds itself under siege. The program appears to have squeaked through unscathed in the debt deal, but changes are likely to surface when the new bipartisan committee tasked with finding an additional $1.5 trillion [...]
I’m not sure why you’d want to buy a beer for a friend—or your dad—on Facebook. But you can now do so. Here’s a roundup of odd and interesting consumer news and trends.
This year I’m turning 65 and signing up for Medicare, so brochures and “lead cards” for Medicare Advantage plans and Medigap policies began flooding my mailbox. I finally sat down and started sifting through it all.
In a new survey, more than one-third of respondents say that “mentally able seniors” should be allowed to end their lives in order to “help save health care costs.”
Included in this week’s roundup: colleges where tuition is free, best online savings accounts, stuff the cell-phone companies won’t tell you, unconventional ways to find jobs, worst items to buy at drugstores, reasons you might want to totally ignore your credit score, and justifications for why you’re not buying a diamond engagement ring for your [...]
Due to an odd loophole in the so-called death tax, the highest tax rate assessed to a deceased person’s estate goes from 45% this year to 0% next year, then up to 55% in 2011. The takeaway is: If you’re super rich and want to pass along that wealth to your kids and not the [...]
