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August 17, 2015
Your weekly link to grown-up news and information from newspaper and
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IN THIS ISSUE
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HEALTH:
Simple Tests for Seniors Good Predictors of Fit Old Age: Fitness experts say a few tests involving activities such as standing, sitting, walking and back-scratching can predict how well people will be able to perform everyday tasks as they age. Reuters, Aug. 12.

1 in 4 Senior Women in U.S. Has Osteoporosis: The weakening bones of osteoporosis greatly raise a person's odds for dangerous fractures. HealthDay, Aug. 13.

The Epidemic of Senior Citizen Drug and Alcohol Abuse: 17 percent of older adults struggle with drug or alcohol issues, and the numbers are going up. MainStreet, Aug. 10.   
MIND:
How Much Forgetfulness is Normal? If your memory problems include forgetting people's names and where you put the keys, you may be able to rest easy. Grandparents.com, Aug. 12.
MONEY:
Retirement: Pros and Cons of Fixed-Index Annuities: Forget stocks, bonds, ETFs and non-traded real estate investment trusts. The new flavor of the month these days for those hawking retirement products is something called a fixed index annuity. USA Today, Aug. 14.

3 Best Rewards Credit Cards for Seniors: If you don't have a rewards credit card, you could be leaving cash on the table. US News and World Report, Aug. 13.

How to Handle Your 401(k) After You Retire: Handling your 401(k) correctly in retirement is just as important as managing its growth during your career. The Motley Fool, Aug. 13. 

Don't Be Too Generous with Your Retirement Cash: Study shows that many older households give money to younger relatives, but you have to take care of yourself first. MarketWatch, Aug. 12.

Retirement Plagued By Debt? Gen X-ers, Baby Boomers Face a Cloudy Future: While Gen X-ers and Baby Boomers come closer and closer to retirement, the way both generations think about debt may darken their golden years. MainStreet, Aug. 12.  

How to Prepare for Financial Shocks in Retirement: These strategies will help you cope with stock market downturns and major health care expenses. US News and World Report, Aug. 11.

Big Changes Ahead for Small-Business Retirement Plans: Roughly half of the U.S. states are working to create government-sponsored automatic individual retirement account (IRA) plans that would enroll workers without access to employer-sponsored retirement plans. Reuters, Aug. 13.

Here's A 3-Step Plan To Get You The Retirement Income You Need1-2-3: A TIAA-CREF survey released earlier this year found that fewer than four in ten Americans had tried to figure out how their nest egg will translate into monthly retirement income. RealDealRetirement, Aug. 11. 
RETIREMENT:
10 Healthiest (and Most Affordable) Places to Retire: Ask retirees what their priorities are in retirement, and you'll hear one message loud and clear: they care about their health. MarketWatch, Aug. 10. 
SOCIAL SECURITY:
9 Things to Know About Social Security as it Turns 80: The program was signed into law by FDR 80 years ago Friday. At the time, most people had lost any savings they had during the Great Depression, leaving them with little for retirement. CNNMoney, Aug. 14.

Can 'File and Suspend' Boost Your Social Security Benefits? There are few free lunches in retirement planning. For married couples, a Social Security claiming strategy known as "file and suspend" may be one of them. CNBC, Aug. 13.

How to Apply For Social Security and When to Do It: If you're approaching retirement age, you may have some idea of when you'd like to start receiving Social Security benefits. However, you may not know how the application process works or when you need to apply in order to start receiving benefits at a specific time. The Motley Fool, Aug. 11.

The Biggest Social Security Mistake Women Make: Women retire at an average age of 62, a figure that has barely budged in a decade, according to a study by the Center for Retirement Research at Boston College. CNBC, Aug. 11.

When to File for Social Security Retirement Benefits Early: Delayed gratification isn't always the best bet when it comes to Social Security claiming strategies. CNBC, Aug. 10.

Social Security at 80: Modest Changes Could Save Program: As Social Security approaches its 80th birthday, the government's largest benefit program stands at a pivotal point. The Associated Press, Aug. 9.

How Social Security Has Changed Over 80 Years: The program has adjusted payments, cost-of-living adjustments and the retirement age since 1935. US News and World Report, Aug. 10. 
SCAMS:
Scammers That Target Seniors: Seniors can be particularly vulnerable when it comes to financial thievery. What's more, the ploys are getting more sophisticated. Here are 3 current scams. Bankrate.com, Aug. 11.
INSURANCE:
Burial Insurance: Do You Need It? Burial insurance comes in several varieties and goes by several names besides burial insurance, such as "funeral insurance," "pre-need insurance," or "final expense insurance." The Motley Fool, Aug. 13.

Think You Might Want to Retire Outside the US? Better Think About Health Insurance: If you retire abroad, be aware that you likely won't be able to count on your American health insurance to cover a trip to the emergency room -- or even a routine checkup. Bankrate.com, Aug. 11.

Long-Term Disability Insurance vs Long-Term Care Insurance: Insurance is all about planning for the "what if's," by protecting yourself and your loved ones, against worst-case scenarios. Next Avenue, Aug. 11. 
CAREGIVING:
Solving Sibling Squabbles Over a Parent's Care: If advance planning didn't do the trick, hiring a professional mediator can help settle a family feud. Kiplinger's Retirement Report, Aug. 2015. 
TECHNOLOGY:
Mobile Safety Products that Can Help Seniors on the Go: There are a number of medical alert products on the market today that give seniors the flexibility to call for help both inside and outside the home. The Huffington Post, Aug. 10. 
TRAVEL:
Offbeat Ways to Make Travel Affordable: There are many ways for older Americans to travel for less, such as home exchanges, volunteering or teaching a course on a cruise ship. The New York Times, Aug. 14.
END OF LIFE:
Save Money on Funeral Costs: Here's How: As if enduring the funeral of a loved one isn't unpleasant enough, there's also the unpleasantness of paying for it. Average funeral costs are substantial -- fortunately, though, there are ways to reduce your bill. The Motley Fool, Aug. 11. 
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