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February 16, 2015
Your weekly link to grown-up news and information from newspaper and
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IN THIS ISSUE

HEALTH:
Hip Replacements Have Skyrocketed: The number of hip replacements performed in the U.S. has increased substantially, and the procedure has become more common in younger people. HealthDay, Feb. 12.

New Name, New Criteria for Chronic Fatigue Syndrome? U.S.-appointed panel says illness is 'legitimate,' should be called Systemic Exertion Intolerance Disease. HealthDay, Feb. 10.

A Third of Americans Use Alternative Medicine: People seek this extra help to relieve pain from chronic conditions, to improve their health overall, and to relieve stress. CNN, Feb. 11.

Knowing What's in Your Supplements: There are several steps people can take to give themselves some reassurance that at least some of the supplements they buy actually contain what they advertise on the label - and nothing else. The New York Times, Feb. 12.

5 Things Women Don't Know About Heart Disease: We all know what a heart attack looks like. You feel a crushing pain in your chest and collapse to the floor. It all happens in a matter of seconds. Right? Not necessarily. Especially if you are a woman. Next Avenue, Feb. 9.

Panel Could Scrap Advice on Dietary Cholesterol: Longstanding advice about avoiding cholesterol for heart health may be on the way out. USA Today, Feb. 10.

Too old for cavities? Think again, dentists say: Adults of all ages need to know, dentists say, that cavities are not just for kids. The risk can even rise as we age. USA Today, Feb. 8.
MIND:
YIKES: New Study Shows Scary Effect Of Smoking On The Brain: As if cancer, premature aging, gum disease, lung disease, Alzheimer's disease, and heart disease weren't reasons enough to quit smoking, a new study shows yet another scary effect of lighting up. Yahoo Health, Feb. 11.

What it's Like to Live with Alzheimer's: Confronted by her own grandmother's illness, writer and neuroscientist Lisa Genova started her exploration of Alzheimer's with one question: What does it actually feel like to have the disease? Her resulting novel, "Still Alice," was adapted into a film that has been nominated for an Academy Award. PBS News Hour, Feb. 10.
MEDICARE:
Medicare Reform: What the Government Is Really Trying to Accomplish With This New Proposal: Medicare is an essential program for 55 million retired Americans. Yet certain aspects of Medicare have drawn criticism as being costly and inefficient. The Motley Fool, Feb. 7. 
MONEY:
5 Senior Discounts to Avoid: Older adults sometimes can get better deals by opting for rates or discounts that are available to all ages. Kiplinger, Feb. 12.

Retirement Income Funds can make Withdrawals Simple: Retirement income funds come in two varieties. One is an all-in-one portfolio designed to throw off income from an age-appropriate mix of stocks, bonds and other securities. The other promises to give you managed withdrawals of both earnings and principal that will last long enough to see you through retirement. USA Today, Feb. 12.

4 Ways to Get income from your Fund Portfolio: If you're a retiree, or you need income from your investment portfolio, it can be a problem. USA Today, Feb. 12.

Women Mum About Money, Worry About Retirement Savings: Women are willing to talk about a lot of things, but their financial situation isn't one of them, a new survey reveals. USA Today, Feb. 12.

Are You Mentally Fit Enough to Plan for Retirement? People's ability to make sound financial decisions declines with age-even as their confidence about it doesn't. Money, Feb. 10.

25 Quick Tips That Can Improve Your Retirement Planning: Retirement planning is serious business that requires diligence and patience. But a quick tip or even an irreverent quip can sometimes be helpful too. Real Deal Retirement, Feb. 10.

5 Annuity Strategies to Combat Low Interest Rates: With the 10-year Treasury hovering around 2%, a common question I continually receive is how to combat these historically low rates when buying annuities. MarketWatch, Feb. 10.

Watch Out for These Sneaky Leaks in Your Retirement Savings: A new study finds that "leakage" from 401(k) and IRA accounts can reduce a person's retirement wealth by as much as 25% and argues that changes are needed in these savings plans in order to plug the holes. MarketWatch, Feb. 9.
TAXES:
How to Reduce Taxes on Your Social Security Payments: Try these strategies to reduce the tax due on your Social Security income. US News and World Report, Feb. 9. 

What You Need to Know About the Grandparent Tax: Leaving lots of money to grandchildren, and skipping the generation in between, used to be a nifty way to beat the federal estate tax. MarketWatch, Feb. 12.
RETIREMENT:

Boomers' Secrets of a Successful Retirement: You, too, can live the good life: Seven tips from satisfied retirees. US News and World Report, Feb. 13.

 

Retirement: 10 Ways to Live Frugally: More than half of people in the USA with significant savings fear going broke in retirement, but there are ways to live frugally to try to keep that from happening. USA Today, Feb. 10.
SOCIAL SECURITY:
Social Security Can Help You Play Catch-Up: More Americans over 55 are finally getting back to work after the long recession. That is good news for patching up household balance sheets damaged by years of lost employment and savings, and also for boosting future Social Security benefits. Reuters, Feb. 12. 

6 Key Facts About Social Security: Here's a key number: 567. That's the number of possible ways to claim Social Security benefits - but it's still little wonder that so many people fail to maximize the money they receive from Social Security. The Motley Fool, Feb. 10. 

Five Social Security Tips: Social Security is one of the most complex topics in the world of personal finance. People want to know when they should tap benefits, whether they'll have access to benefits from an ex-spouse, how much their benefit will be and how they can increase it. Bankrate.com, Feb. 11.
SCAMS:
Why Elder Financial Abuse is Such a Slippery Crime: The size of the scourge is debatable, but the pain is not. Next Avenue, Feb. 12. 
HOUSING:
Government To Grade Nursing Homes On Tougher Scale: Starting immediately, the federal government is making it harder for nursing homes to get top grades on a public report card. Kaiser Health News, Feb. 12. 

How to Find the Best Assisted Living Community for You: Some facilities offer greater independence, while others provide a higher level of care. US News and World Report, Feb. 13.
DRIVING:
Driving Soon After Stroke May Be Risky, Studies Suggest: Recent survivors more likely to make errors and have collisions in simulated tests. HealthDay, Feb. 11. 
INSURANCE:
Who Should Buy Long-Term Care Insurance? There are two key factors - your financial situation and health history - you need to mull over that can help you decide if buying a long-term care (LTC) insurance policy is a wise decision for you. The Huffington Post, Feb. 11. 
TECHNOLOGY:
Facebook Heir? Time to Choose Who Manages Your Account When You Die: The Social Network Now Lets You Designate a 'Legacy Contact' for Your Digital Afterlife. WSJ, Feb. 12. 
WORK:
Need Extra Income in Retirement? A growing freelance market has opened a whole new world of opportunity for retirees who want income without the pressures of a traditional job. NerdWallet, Feb. 14.
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