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These are tough times for many boomers. According to a new AARP study, one in 10 middle-aged and older Americans are borrowing money for everyday living expenses from family, friends or charities.
Like their younger counterparts, more and more seniors are becoming obese, and at the same time, seniors are living longer. Indeed, many seniors will live 20 to 30 years in retirement. Because medical costs are escalating, many retirees are increasingly worried about whether they have sufficient resources to keep their golden years golden.Financial experts at Ameriprise Financial predict that a...
Medical care costs continue to rise. This fact has implications for all of us, but especially for persons of retirement age.Financial experts at Fidelity Investments advise retirees to set aside nearly $250,000 to cover medical expenses during their senior years. According to Fidelity’s analysis, projected medical costs have risen 50 percent over the past seven years. Equally troubling is the...
The medical delivery system is under pressure to provide quality health care despite these dire trends: reduced access because of the closing of community hospitals and low-cost clinics staggering increases in the cost of drugs, medical treatment and insurance, an increasing reluctance of HMO’s to refer patients to specialists, and a dramatic increase in the number of uninsured, now...
Well, It has finally happened. I have become unbalanced. Some folks that know me (or think they do) may say that has been true for some time. But now I practice an unbalanced life and it's not a bad thing. In fact; it is not a bad thing at all. Let me explain. I really have not gone off the deep end but have been practicing the 80/20 rule. Simply put, the 80/20 rule states that the relationship...
Four new ways to beat the tough economy! Tired of all the bad news about the economy? Wondering how you’ll make it through the ‘pending doom’ of our failing financial system? This report will show you how you can recession proof your body and: Increase Your Wealth Reduce Expenses Enjoy More Time Reduce Stress Improve Your Bottom Line! It’s obvious, our economy is in trouble....