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April 13, 2015
Your weekly link to grown-up news and information from newspaper and
magazine publications, news organizations and web resources nationwide.
IN THIS ISSUE

HEALTH:
7 Exercises to Never Do After 50: Working out the same way in your 50s as you did in your 30s sets you up for a world of hurt. Changes in flexibility, muscular strength, bone density and recovery time make injuries more likely if you don't adjust accordingly. Next Avenue, April 9.

5 Places Where People Live Long, Healthy Lives: Want to learn the dietary secrets of the world's longest-lived people? MarketWatch, April 10.

 

Why Your Teeth Are Suddenly Causing You Problems: Aging can make your mouth painful, but new treatments are often effective. Next Avenue, April 8.

Focusing the Brain on Better Vision: As adults age, vision deteriorates. One common type of decline is in contrast sensitivity, the ability to distinguish gradations of light to dark, making it possible to discern where one object ends and another begins. The New York Times, April 6.

The Shadowy World of Low T Therapy: A doctor looks at the research around much-hyped testosterone supplements. Next Avenue, April 6.

It's Healthy to Put a Good Spin on Your Life: How we construct personal narratives has a major impact on our mental well-being. WSJ, April 6.

The #1 Exercise That Could Prevent Falls: A new study suggests that swimming reduces your risk of dangerous in-home falls by improving balance and strength. Grandparents.com, April 6.
MIND:
Arts, Crafts, Socializing May Buoy the Aging Brain: Those participating in these activities or using computers half as likely to develop mild dementia, study found. HealthDay, April 8.
MONEY:
It's Never Too Late to Save for Retirement: Reaching your 50s or 60s with very little money set aside for retirement is unfortunate, but it's not unusual. NerdWallet, April 11.

How to Tell if Retirement-Income Funds are Right for You: With all the back and forth over whether to withdraw 4% from your portfolio in your golden years, few would blame you if you simply threw in the towel and put your money in a managed payout fund. MarketWatch, April 11.

 

Why You Shouldn't Pay Off Your Mortgage Before You Retire: Baby boomers in their 50s and 60s are carrying much more mortgage debt than their parents did at their age. While some boomers may be willing to seek financing again to purchase another home, others are eager to get rid of their mortgage debt altogether. CNBC, April 9.

How to Make That Nest Egg Last All The Way Through Retirement: If you can retire without outliving your nest egg or going back to work, congratulations: You're a rare breed. MainStreet, April 9.

Half of America Saves Nearly Nothing for Retirement; How Much Should You? How much should you be saving for retirement? The most realistic answer is "it depends." Cheat Sheet, April 6.

Why 50+ Women Should Take Control of Their Money: It's not too late to start managing your financial future. Here's how. Next Avenue, April 5.
TAXES:
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, April 10. 

5 States Weighing Big Tax Breaks for Retirees: Some states are looking to make life a bit easier for retirees by expanding tax breaks on pensions, Social Security, and other types of retirement income. Cheat Sheet, April 5.
RETIREMENT:
5 Hardest Things About Retirement That You Aren't Expecting: If you love your job, retirement can be more difficult than you might expect. MainStreet, April 6.

How to Pick the Best Place to Retire: Narrow your choices by doing online research, and then plan to visit in person before settling on a new locale. Kiplinger's Retirement Report, April 2015.  
 
4 Retirement Mistakes That Can Cost You $250,000 Or More: We tend to think the mistakes that derail retirement are the ones inflicted on us: an investment that implodes; an adviser who dupes us; a market crash. In fact, the costliest errors are ones we make ourselves, often without realizing it. Real Deal Retirement, April 6.
SOCIAL SECURITY:
3 Ways to Delay Taking Social Security: The incentives for delaying benefits are great, but make sure you understand the financial implications. US News and World Report, April 9.

Social Security is a Hot Topic for Concerned, Aging Boomers: Door-busting demand by aging baby boomers is leading financial advisors to build businesses focused solely on that demographic. CNBC, April 7.

Social Security Offers Lump Sum Payouts to Retirees: There are two different kinds of Social Security claiming strategies that provide retirees a big lump-sum benefit, but you need to be past full retirement age to be eligible, and there are financial drawbacks you need to be aware of too. The Huffington Post, April 6.

How to Navigate Social Security's Highways and Byways: Taking the roads less traveled often lead to more Social Security dough. MarketWatch, April 6.
LEGAL ISSUES:
Big Retirement Mistake: Boomers with No Estate Plan: Many Baby Boomers are neglecting a key part of their retirement plans - creating an estate plan. And while death is not a pleasant thing to think about, death without an estate plan can create havoc for your surviving family members. USA Today, April 7. 

Online Tools Can Ease the Burden of Being Executor of an Estate: The death of a family member brings grief and, if you're named executor of the estate, extra responsibility. Software may help keep legal bills down. The New York Times, April 7.
SCAMS:
Protect Your Computer and Cellphone from Hackers and Identity Theft: Your sensitive personal information, identity and passwords are vulnerable to being tracked by cyber-criminals, companies and governments when you're online. Disconnect is a proud new sponsor of the Senior Newswire.
HOUSING:
Renovation vs. Relocation in Retirement: As homeowners near retirement, the question of whether to stay put and remodel or buy another home can be complex, involving financial and emotional issues. The New York Times, April 10. 

6 Reasons More Baby Boomers Are Renting: Many boomers are ready to downsize, but they aren't ready to hit a retirement community just yet. US News and World Report, April 8. 

7 Baby Boomer Housing Trends to Watch: From renovations to walkable neighborhoods, here's what boomers want now. US News and World Report, April 6.
LONG-TERM CARE:
Boomers, Millennials & and the Long-Term Care Divide: Many of the nation's Millennials think their boomer parents are doing a lousy job planning for their long-term care needs. Next Avenue, April 9.

Elder Care Costs Keep Climbing; Nursing Home Bill $91,000 a Year: The annual "Cost of Care" report from Genworth Financial tracks the staggering rise in expenses for long-term care, a growing financial burden for families, governments and insurers. Associated Press, April 9.

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