retirement, financial considerations, health costs
Retirement outlook not as bleak as many think, AgeLab head says
06/11/07 07:29 Filed in: RETIREMENT & HEALTH
Retirement outlook not as bleak as many think, AgeLab head says
by Robert Powell
Tuesday, November 6, 2007
provided by MarketWatch
Most retirement gurus are extremely pessimistic about the future. Some are modestly hopeful. But there is one who is "wildly optimistic" about what's in store for the millions upon millions of aging baby boomers. Meet Joseph Coughlin, Ph.D., director of the Massachusetts Institute of Technology's AgeLab.
In short, the AgeLab is working on a future where older citizens not just add years to their life but add life to their years. And it's a life that will include fun, purpose, health, wealth and -- not surprisingly -- technology. "We see that it will be a great time to grow old," said Coughlin, who last week released, along with The Hartford, research about retirement rationalizations.
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by Robert Powell
Tuesday, November 6, 2007
provided by MarketWatch
Most retirement gurus are extremely pessimistic about the future. Some are modestly hopeful. But there is one who is "wildly optimistic" about what's in store for the millions upon millions of aging baby boomers. Meet Joseph Coughlin, Ph.D., director of the Massachusetts Institute of Technology's AgeLab.
In short, the AgeLab is working on a future where older citizens not just add years to their life but add life to their years. And it's a life that will include fun, purpose, health, wealth and -- not surprisingly -- technology. "We see that it will be a great time to grow old," said Coughlin, who last week released, along with The Hartford, research about retirement rationalizations.
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Medicare Drug Plan Medicare Drug Plan Manipulation
05/10/07 08:11 Filed in: RETIREMENT FINANCIAL HEALTH
Means Test Sought for Medicare Drug Plan
By Jonathan Weisman
Washington Post Staff Writer
Friday, October 5, 2007; Page A01
The Bush administration is advancing a proposal to levy higher premiums and deductibles on upper-income seniors enrolled in Medicare's new prescription drug benefit, raising fees on beneficiaries with incomes over about $80,000 a year, administration officials said yesterday.
The administration is working with Sen. John Ensign (R-Nev.) to attach to upcoming legislation a "means testing" provision that would save the government billions of dollars. In the past, however, similar proposals have been blocked by the furious response of seniors.
The Senate rejected a similar proposal from Sen. John Ensign (R) in March.
"You say it saves money and these people can afford it, but it also eats away at the incomes of seniors. It erodes their sense of the reliability on these federal programs, and it certainly erodes political support," said John Rother, policy director for AARP, the powerful senior lobby. Does the senator propose to increase his OWN health plan costs without voting himself a pay raise?
By Jonathan Weisman
Washington Post Staff Writer
Friday, October 5, 2007; Page A01
The Bush administration is advancing a proposal to levy higher premiums and deductibles on upper-income seniors enrolled in Medicare's new prescription drug benefit, raising fees on beneficiaries with incomes over about $80,000 a year, administration officials said yesterday.
The administration is working with Sen. John Ensign (R-Nev.) to attach to upcoming legislation a "means testing" provision that would save the government billions of dollars. In the past, however, similar proposals have been blocked by the furious response of seniors.
The Senate rejected a similar proposal from Sen. John Ensign (R) in March.
"You say it saves money and these people can afford it, but it also eats away at the incomes of seniors. It erodes their sense of the reliability on these federal programs, and it certainly erodes political support," said John Rother, policy director for AARP, the powerful senior lobby. Does the senator propose to increase his OWN health plan costs without voting himself a pay raise?
Why Less Medical Treatment May Be Good For You
03/10/07 14:17 Filed in: RETIRMENT & HEALTH
Why Less Medical Treatment May Be Good For You
By Nancy Shute
Posted September 26, 2007
The more medical care you receive, the sicker you'll get. That's the stark message in Overtreated: Why Too Much Medicine is Making Us Sicker and Poorer, Shannon Brownlee's new book. Brownlee, a senior fellow at the New America Foundation (and a former senior writer at U.S. News & World Report), examined research from around the country on which medical treatments actually make people healthier and what individuals can to do ensure that healthcare doesn't kill them.
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Most of us think that going to a medical specialist means we get better care. But you say that's not the case. How come?
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The Washington Posts Nell Henderson on the changing retiree The Washington Post's
13/09/07 21:33 Filed in: Rossmoor retirement
By Nell Henderson
Washington Post Staff Writer
Wednesday, September 12, 2007; Page HE01
When the first Marine Corps Marathon took place, in 1976, the oldest runner to finish the 26.2-mile race was 58 years old. On the race's 30th anniversary last year, the oldest finisher was 82 -- one individual's testament to how Americans are aging differently than they used to. So who's "old" these days? The 60-year-old with twins in preschool? The 65-year-old launching a second career? The 70-year-old with no gray hair, no wrinkles and great cleavage?
Washington Post Staff Writer
Wednesday, September 12, 2007; Page HE01
When the first Marine Corps Marathon took place, in 1976, the oldest runner to finish the 26.2-mile race was 58 years old. On the race's 30th anniversary last year, the oldest finisher was 82 -- one individual's testament to how Americans are aging differently than they used to. So who's "old" these days? The 60-year-old with twins in preschool? The 65-year-old launching a second career? The 70-year-old with no gray hair, no wrinkles and great cleavage?