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10 Ways to Downsize Your World
Tweet Share on Facebook May 6, 2010 Comment (2)One of the greatest challenges in growing old is grappling with tendencies and pressures to withdraw into ever-tighter circles of restricted daily activities. There is no single word or phrase that captures this process, nor is there apparently much research about it. But aging experts agree that withdrawing into an isolated lifestyle is a common practice that can create or worsen physical and emotional problems.
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Crossroads for Retirement Investments Nears
Tweet Share on Facebook May 5, 2010 Comment (1)The inadequacy of Americans' financial preparations for retirement has been documented in countless studies. We save too little, too late. We fail to do the homework to understand the financial products we already own. As a consequence, we often make poor investment decisions.
We don't fully appreciate the new rules of longevity. When you got the gold watch at age 65 a generation or two ago, the watch wasn't expected to last very long, and neither were you. Today, retirement is a period lasting 25 to 30 years for many. Making nest eggs last this long takes a lot of work. It takes an appreciation for unspectacular but dependable investment products that can be counted on to pay out money every month, year after year.
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$250 Medicare Checks Highlight 2010 Reforms
Tweet Share on Facebook May 2, 2010 Comment (8)Health reform is moving from the legislative to the regulatory arena. As it does, the 2,000-plus page law will be dwarfed by a regulatory flood of epic proportions. Changing the rules for nearly one fifth of the U.S. economy will keep small armies of bureaucrats busy for years. That's especially true within the U.S. Department of Health & Human Services (HHS), which has primary implementation oversight for health reform.
Several key health reform measures will take effect this year, although the largest changes won't occur until 2014. Here's a look at 2010 provisions of particular interest to older consumers.
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