As we enter ‘crazy time’ in the electoral calendar (a calendar that now runs from the Friday after the last election to the day of the next one), we will hear ever more about the desperate need to balance the federal budget and pay down the national debt. Few will strongly argue against these budget-balancing […]
#ProAging: Social Security Recipients Enjoy COLA For First Time In Two Years
Social Security has built into its law and budgets a ‘Cost of Living Adjustment‘ (COLA) tied to inflation and/or rising prices. Those prices have, if anything, fallen during The Great Recession, so recipients have not seen a COLA since 2009. But the Social Security Administration published its formula this week to account for a 3.6% […]
#ProAging: Medicare’s Open Enrollment Opens – Save Elders From Poverty
Medicare’s open enrollment for next year begins on October 15th and runs through December 7th (an unfortunate date in the lives of many of the GI Generation). Information on Medicare’s medical plans can be found here. General information for those new to the process can be found here. Medicare was founded in 1965 in […]
#ProAging: Study Shows Americans Optimistic and Unprepared For Heath In Retirement (Part 2 of 2)
Last Thursday we shared a report conducted by National Public Radio (NPR), who has been presenting the findings of their in-depth survey concerning how recent retirees and soon-to-be retirees (those over 50) view retirement. The report was conducted by NPR, the Robert Woods Johnson Foundation and the Harvard School of Public Health. The takeaway of the survey shows that those […]
#ProAging: Study Shows Americans Optimistic and Unprepared For Retirement (Part 1 of 2)
Over the last few days, National Public Radio (NPR) has been presenting the findings of an in-depth survey and study of how recent retirees and soon-to-be retirees (those over 50) view retirement. The report was conducted by NPR, the Robert Woods Johnson Foundation and the Harvard School of Public Health. The findings show a general […]
#Aging: Medicare On The Chopping Block Of Debt ‘Compromise’
As most of us raise a sigh of relief that the debt ceiling was raised and a vague compromise to trim $1.2 trillion of the national debt was reached, we should not assume that all government spending will be trimmed equally. The social safety net weaved by Social Security and Medicare remains the most conspicuous […]
#Aging: AARP Flips, Then Flops, On Defending Social Security During Budget Debate
The American Association of Retired People (AARP) was founded in 1958 to further the political, economic, and social needs of Americans 50 and older. The association was established to present “collective purpose, collective voice and the collective power of the 50 and over population to change the market based on their needs.” One of the […]
Aging: Baby Boomers – A New Way to Grow Old
Baby boomers won’t grow old the old-fashioned way, experts say. It looks like the baby boomers, who used to urge each other to “do your own thing,” will do precisely that when it comes to retirement, write Tom Valeo and Sylvia Davis at WebMD.com. Some will imitate their parents and drop out of the work […]
