Retirement

More widespread long-term care insurance is only one step towards more equitable health outcomes, … [+] German example shows Getty German unification started 30 years ago with a peaceful, joyous night as East Germans crossed freely into the west for the first time in decades. But German unification is far from done. East Germans lag

Why would a 25-year-old medical student attend a summit on Alzheimer’s disease in the nation’s capital? And why is he thinking about dementia at all? Nihal Satyadev said he wants to change everyone’s perception of Alzheimer’s disease, and that includes young people. Members of his national endeavor—the Youth Movement Against Alzheimer’s (YMAA)—can be found in

classroom Getty Yes, I harp on it all the time: the first step towards being prepared for retirement is having a core competency in financial literacy, so as to avoid falling into debt, be able to accumulate savings, and know how to invest to translate that money into assets for the future. And, indeed, my son’s high school

By Fred Riccardi, Medicare Rights Center President and Next Avenue Contributor Getty Beginning this year and continuing into 2020, Medicare Advantage plans (ones from private insurers) have increased flexibility to provide coverage for what the government calls supplemental benefits. These are services otherwise excluded by law from what’s known as Original Medicare coverage. And Medicare

Getty Financial exploitation of older Americans seems to be getting worse. The Treasury Department reported a 17% increase in the number of cases in 2017 vs. 2016, the latest figures available. And the Center for Financial Services Innovation says at least 20% of older adults have been victims of elder financial fraud. But there’s one

JoyForAll Companion Pup JoyForAll I just learned there is a bell-shaped curve on the age of adoption of stuffed animals. The young have always loved them and now people on the older end of the age spectrum are adopting them as well.   Many older adults continue to have cherished live pets–in single family home and in retirement

In a 14-page labor manifesto released earlier this month, Senator Elizabeth Warren pledges to restore the Department of Labor’s vacated fiduciary rule if she is elected president. Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks during a town hall meeting … [+] at Grinnell College, Monday, Nov. 4, 2019, in Grinnell, Iowa. (AP Photo/Charlie Neibergall)

Getty This might be the most asked question I receive. My typical response to this question is there are as many good reasons as bad reasons to file early, and, there are as many good reasons as bad reasons to file later. This article is written for single people who have never been married and

Singles Day is more than a shopping extravaganza, it is reflective of a demographic trend … [+] transforming society, retirement & entire industries. Getty It’s the biggest shopping day on the planet. Alibaba alone chalked up $38 billion in sales for 2019. No, it’s not a religious, patriotic holiday, or even the one time biggest

Getty This week the federal government announced new dollar limits for contributions towards retirement plans and certain deferred compensation plans for 2020 People over 50 can now elect to contribute $26,000 in their 401(k)-type plan. That is $26,000 of earned income.  This boost is good news for whom, exactly? It is likely irrelevant for the

How does a longer life expectancy affect your IRA? Getty IRA Required Minimum Distribution (RMD) math is complex and serious. Owners of IRAs must take a distribution starting no later than the April 1 of the year following the year the owner becomes age 70 ½. This number will likely change with the new SECURE Act

Sarah McKinney Gibson, Encore.org and Next Avenue Contributor Co-mentors Ashley Moy and Tonise Paul Cast21 Ageism happens to young people, too. Just ask Ashley S. Moy, 25, founder and CEO of the Chicago medical startup, Cast21, which provides waterproof cast and brace alternatives for patients with broken bones. “I’ve had people say, ‘Oh my gosh,

journey concept showing a man with robot looking at a new colony in the alien planet, digital art … [+] style, illustration painting Getty I’m not quite sure how I stumbled on the book The Year 2000 for the first time. My memory says this was in the library – but at the same time,

Getty The Centers for Medicare & Medicaid Services has announced Medicare Part B premiums for 2020, and the base premium increases nearly 7% from $135.50 a month to $144.60 a month. That $9.10 monthly increase compares to a modest $1.50 monthly increase last year. Meanwhile high earners are still getting used to income-related surcharges that

null Getty Are interest rates heading to zero in the US? Or, dare I say, negative range? I don’t think so. But if they do, real estate investment trusts (REITs) are going to absolutely skyrocket. This year-to-date has been a sneak preview. Most REITs have seen their valuations expand with the market rally, but we

Getty In the realm of financial planning, there are numerous rules and guidelines which must be followed in order to stay clear of significant problems. Many times, once an error has been committed it can either not be unwound or it takes significant time and cost to rectify. One specific area where this holds especially

Getty It’s benefits season, and that means employees are making mistakes that will cost them in headaches and dollars. “You really have to sit down and pay attention to your benefits like you never had to before,” says Judith Wethall, an employee benefits lawyer with McDermott Will & Emery in Chicago. It’s complicated enough if

Getty By the time you read this, the IRS may have already finalized its Unified Plan Rule. This is expected to remove the biggest reason business associations have been reluctant to offer a 401(k) MEP to their member companies. What’s that you say? You’ve never heard of a 401(k) MEP? Don’t worry. You’re not alone.

raccoon in a trash can Getty Most stocks that pay more than 10% are, honestly, trash. Their yields usually look big because their stocks have split once or twice “the wrong way.” Take Tupperware Brands (TUP), for example. The party ended abruptly for these shareholders. I feel bad for anyone who was mistakenly holding these

Getty Stop me if you’ve heard this one before: the earnings gap between men and women affects not merely their living standards in the short-term, but also their well-being in retirement. There’s nothing surprising here. But the whole discussion is very narrowly focused on income. There’s an elephant in the room: marriage. Let’s start with