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May 25, 2015
Your weekly link to grown-up news and information from newspaper and
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IN THIS ISSUE

HEALTH:
7 Things You Should Be Doing for Your Bones Now: Half of Americans over 50 will have weak bones by 2020 unless we make changes. Next Avenue, May 22. 

Getting Your 50+ Body Ready for Summer: Have your check-up, start moving and ditch those comfort foods. Next Avenue, May 21.

Mammograms: Are They Needed or Not? As doctors and researchers heatedly debate the value of mammograms, women are left wondering what to do. CNN, May 21.

 

Prostate Cancer Testing Drops Off After Controversial Guidelines: More men will die without PSA screening, researchers contend; other experts applaud the downward trend. HealthDay, May 17.

Want Great Longevity and Health? It Takes a Village: The secrets of the world's longest-lived people include community, family, exercise and beans. WSJ, May 22.
MIND:
Is It Ordinary Memory Loss, or Alzheimer's Disease? Simple memory assessments are a way to get an idea of whether cognitive problems are drawing nearer. The New York Times, May 18.

Alzheimer's-Linked Brain Plaques May Arise Decades Before Symptoms: Abnormal protein clumps may appear in the brain up to 30 years before people develop Alzheimer's disease, perhaps providing a window of opportunity to intervene. HealthDay, May 19.

MEDICARE:
5 Common Medicare Mistakes to Avoid: Medicare will cover a significant portion of your health-care costs, but it's not free. It's complicated, too. Here are some common mistakes to avoid. Kiplinger, May 22.
MONEY:
2 Biggest Mistakes People Make When Choosing a Financial Adviser: When it comes to choosing a financial adviser, there's a huge irony overhanging the process. Bankrate.com, May 21.

4 Ways To Avoid Outliving Your Nest Egg: How can you lower the odds of running out of money before you run out of time, especially given forecasts for low investment returns in the years ahead? Real Deal Retirement, May 21.

Avoid These Dumb Retirement Savings Mistakes: Back when many American workers could count on company-run pension plans, preparing for retirement was something of a no-brainer. Now that many of us are calling the shots when it comes to saving and investing for retirement, things seem a lot more complicated. CNBC, May 20.

The Right Way to Handle an Inheritance: If you experience a sudden windfall, take the time to prioritize your financial needs before you start spending. US News and World Report, May 19.

Court Makes it Easier to Sue Over 401(k) Retirement Plans: The Supreme Court ruled unanimously Monday in favor of participants in employee retirement plans who object to companies' investment decisions that eat into retirement savings. The Associated Press, May 18.

The Best Way To Prepare For A Market Meltdown: There's a lot of talk about a possible major market correction. What should you do to protect yourself if you're nearing the end of your career and don't want to jeopardize your retirement. Real Deal Retirement, May 18.

Is $1 Million Enough to Cover the Average American's Expenses in Retirement? Every year, the U.S. Bureau of Labor Statistics conducts a survey of Americans' spending habits. Its latest, delves not only into how people spend their money, but also how those habits evolve over time. The Motley Fool, May 18.

Investments That Help Retirees Maximize Income: You'll probably have more fun in your retirement years if you're not stressed about money. MarketWatch, May 18.

 Retirees Have More Education Debt Than Ever: Retirees are bringing unprecedented levels of student loan debt into their later years, according to a new report that shows Baby Boomers may be woefully unprepared for retirement. USA Today, May 18.
RETIREMENT:
How to Pick the Optimal Retirement Age: Retirement at 65 is popular, but there are reasons to select a different age. US News and World Report, May 22.

Ways to Make a Smooth Transition to Retirement: Many people have the time of their lives in retirement, while others feel adrift, especially when they are in transition to their new lifestyle. USA Today, May 23.

What Does It Really Take to Move Overseas? The psychological and emotional challenges of moving overseas can often destroy retirement dreams and sometimes even marriages. How do you prepare for these obstacles ahead of time? The Motley Fool, May 22.


A Web Tool to Refine Your Retirement Priorities: Here's a
21st-century concept: a free Web tool and mobile app that aims to help people think more effectively about what they really want in retirement. WSJ, May 22. 

When Downsizing is the Best Move for Retirees: Retirees consider selling their home and downsizing for several reasons. The most prevalent reason is to help pay for their retirement. MarketWatch, May 20.

How to Plan for Semi-Retirement: If you're not ready to completely leave the workforce, semi-retirement might be a happy medium. US News and World Report, May 19.

How to Fix America's Retirement Problems: When it comes to retirement in the U.S., there's no shortage of problems. People haven't saved enough money for their golden years. They're going to outlive their assets. They won't be able to afford health care in retirement. And the list goes on and on and on. USA Today, May 18.
INVESTING:
The Risks and Rewards of Self-Managing Investment Portfolios: Retirees who make their own investment decisions save money on fees, but face complex questions on taxes and estate planning. Online tools, and investment clubs, can help those going it alone. NY Times, May 22. 
SOCIAL SECURITY:
Retirees Wait Longer to Claim Social Security Benefits: While more than a third of workers still claim Social Security retirement benefits when they turn 62, the earliest age possible, a growing number are waiting until their mid-60s or later, according to a new study. CNBC, May 20. 

How to Choose the Social Security Claiming Age That's Right for You: More people are catching on to the benefits of delaying Social Security. But the real issue isn't when everyone else claims-it's finding the strategy that fits your goals. Money, May 18.

3 Times It Makes Sense to File Early for Social Security: You'll get a smaller check if you collect early, but sometimes it could be a smart move. US News and World Report, May 22.

41 Percent Expect No Social Security Benefits: Americans have major doubts about the financial health of Social Security. Some of those fears, however, may be overblown. CNBC, May 22.
HOUSING:
Empty Nesters Reclaim the Kids' Rooms: When the kids move out, some parents are quick to reclaim childhood bedrooms and create dream spaces like yoga studios, 'snore rooms' and fantasy closets. WSJ, May 21. 

A Top-Rated Nursing Home Can Be Hard to Find: Medicare's nursing home compare tool provides a one to five star rating system to help consumers choose a long-term care facility. Kaiser Health News, May 22.

Home Improvement Assistance Programs for Seniors: There are a number of programs available that can help seniors with home repairs and improvement projects for aging-in-place, but what's available to you will depend on your financial situation and where you live. The Huffington Post. May 18.
CAREGIVING:
Caring for Older People's Finances can Boost Independence: As the number of Americans with Alzheimer's continues to climb, so too will the number of caregivers helping their cognitively impaired loved ones with money matters. MarketWatch, May 21. 
LONG-TERM CARE:
The 'Elder Orphans' of the Baby Boom Generation: Nearly one-quarter of Americans 65 and older could become "elder orphans" with no family to help care for them. CNN, May 18.
END OF LIFE:
Video Helps With End-of-Life Options: The information can give patients more power over how they want their last days to play out. Kiplinger's Retirement Report, May 2015. 
EXTRA:
Asking For Help at 80 - America's New Faces of Hunger: In 2013, 15.5 percent of America's seniors faced the threat of hunger. Personal illness, family financial trouble or losing a spouse add to the problem. When mortgage payments and medicine are a priority, there is not always money left for food. PBS Newshour, May 22.

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