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February 29, 2016
Your weekly link to grown-up news and information from newspaper and
magazine publications, news organizations and web resources nationwide.
IN THIS ISSUE
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HEALTH:
Your Feet Hold Clues to Clogged Arteries: Reduced pulses in feet can signal heart disease risks. Grandparents.com, Feb. 25.

Take a Bite Out of Dental Bills: Baby boomers beware: A major retirement expense may be hiding in your mouth. CNBC.com, Feb. 25.

Are You at Risk for Alcohol or Drug Addiction? Rates of alcoholism and painkiller addiction are growing among older adults. Next Avenue, Feb. 23.  
 
MEDICINE:
Doctors Petition FDA for 'Black Box' Warning on Combining Painkillers, Tranquilizers: Public health directors from around the nation demanded the FDA label prescription painkillers and sedatives with its strongest warning. USA Today, Feb. 22.  

Steroid May Be Safe, Effective Gout Treatment: A steroid pill may be as good as a nonsteroidal anti-inflammatory drug (NSAID) for treating painful gout, new research suggests. HealthDay, Feb. 22.
MEDICARE:
7 Surprising Things About Medicare: Medicare, designed to offer health insurance for those 65 or older, is clearly a big part of many Americans' lives -- but there are still lots of things about it that plenty of people don't know. The Motley Fool, Feb. 28. 
MONEY:
3 Questions That Reveal Whether You're Saving Enough for Retirement: Is $1 million enough? $2 million? Your retirement number depends on your salary and cost of living. Kiplinger's Personal Finance, Feb. 27.

Financial Advisors Help Close the Wealth Gap: Cyndi and Ron Williams, both 57, admit they are not as financially secure as they want to be. Like many baby boomers, they say the vision they had for their lives 20 to 25 years ago is not the reality they are living now. CNBC, Feb. 26. 


Can Your 401(k) Account Be Too Big? Too much of a good thing can be wonderful, Mae West once said, but she definitely was not talking about tax-deferred savings accounts. CNBC, Feb. 25.

Don't Let Hidden Costs Destroy your Retirement Savings: Pay a lot of attention to the costs that enrich financial managers, losses from reverse-dollar-cost-averaging and the taxes that reduce returns in taxable investments. MarketWatch, Feb. 24.

Widow/Widower Financial Preparedness 101: 5 Things To Do Right Now: Couples often divvy up household duties: One person cooks, the other does the dishes. But because women live an average of four years longer than men, according to Census data, if the man takes the lead on family finances, the woman could be in for trouble one day. USA Today, Feb. 24.
 
50-Something and Little Saved to Retire On? What You Can Do: When people reach their 50s, a common realization is how close retirement is getting - and how far they are from having enough money to enjoy life after work. CNBC, Feb. 23.

10 Retirement Saving Strategies You Should Know About: How to make the amount you are able to save for retirement grow faster. US News and World Report, Feb. 22.    
TAXES:
2016 Tax Filing Requirements for Retirees: There are a number of factors that affect whether or not you need to file a federal income tax return this year including how much you earned last year (in 2015), and the source of that income, as well as your age and filing status. Huffington Post, Feb. 22

Retirees, Cut Your Tax Bill on Your 2015 Return: Make sure you take all the tax breaks you deserve. Kiplinger's Retirement Report, March 2016.
RETIREMENT:
How Uncle Sam Wants to Help you Get Ready to Retire: Mindful that a lot of people are falling behind in financial matters, or never really got started, the federal government has been making efforts just to get more Americans to Square One. The Arizona Republic, Feb. 26.

Why You Need Friends in Retirement: Try these strategies to improve the quality of your retirement years. US News and World Report, Feb. 22. 
SOCIAL SECURITY:
What to Do If You Get Misinformation From Social Security: New rules for Social Security are creating confusion. Here's what to do if you are mistakenly told you don't qualify to use one of the disappearing claiming strategies. Kiplinger, Feb. 25.

Is Social Security Too Generous? Not Likely: A show of hands from retirees, please. How many of you would describe your Social Security benefit as "generous"? Reuters, Feb. 25.

What Does the End of File-and-Suspend Mean for Retirees? Despite the hue and cry from financial planners and individuals on the cusp of retirement, the Bipartisan Budget Act of 2015 eliminated two strategies for enhancing lifetime Social Security earnings. MarketWatch, Feb. 24.

Social Security Survivor Benefits for Widows and Widowers: Losing a spouse to death leaves people with a devastating hole in their lives, but that hole may feel even deeper if their financial security disappears at the same time. Bankrate.com, Feb. 24.

What the Social Security Administration Doesn't Tell You: Amid all the changes underway with retirement, from disappearing pensions to shrinking matches on company 401(k) plans, one thing - so far - has remained constant: Social Security. CNBC, Feb. 22. 
LEGAL ISSUES:
5 Ways to Keep Your Kids From Fighting Over Your Will: Follow these rules now to prevent a family war later. Next Avenue, Feb. 25. 

What You Should Know Before Placing Assets in a Trust: Before you start funding any trust accounts, you should seek the advice of your financial and legal team so they can provide step-by-step instructions in performing, what my office calls our Trust-Funding Litmus Test. MarketWatch, Feb. 25.
SCAMS:
Free Guide to Prevent 10 Worst Frauds Against U.S. Senior Citizens: U.S. Senate Aging Committee publishes comprehensive anti-fraud resource for seniors. SeniorJournal.com, Feb. 22.
HOUSING:
Top 7 Senior Housing Options to Consider: Rewind a few decades, and the main choices for senior housing consisted of your current home or a nursing home. Not so today. Bankrate.com, Feb. 22.

Advice on Moving to a Continuing Care Retirement Community: CCRCs have advantages, but are they worth the price? Next Avenue, Feb. 23.
DRIVING:
Sleeping Pills May Spell Trouble for Older Drivers: Study found risk of crashes more than doubled for those over 80 who used Ambien. HealthDay, Feb. 25. 
LONG-TERM CARE:
What Do People Really Know About Long-Term Care? A survey finds 67 percent underestimate their likelihood of needing it. Next Avenue, Feb. 25.
WORK:
10 Part-Time Jobs for Retirees: If you're a retiree looking to stretch your budget, or you just need to boost your income a bit until you reach a retirement date around the corner, consider getting a part-time or occasional job. Bankrate.com, Feb. 26.
END OF LIFE:
Celebrating Life When Death Draws Near: A 'living funeral' provides an opportunity for the terminally ill to gather with close friends and relatives to share memories and stories. Kiplinger, Feb. 2016. 
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