Tag: preparing for retirement

Genworth Publishes LTC Cost Data

Genworth recently updated data about the cost of various services in the aging continuum of care. åÊ Overall, while the cost of care among all care providers has steadily increased,the cost of facility-based providers has grown at a much greater rate than that for home care. åÊ Here is how...

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Forget the Mandate. Educate.

Here is an excerpt from my HealthWorks Collective blog in which I ask people to consider that healthcare reform is the least of our worries. Aging and preparing for it, on the other hand are. åÊAs a country we are far too obsessed over health reform. Health reform has to...

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Grim Report on Our Retirement Savings Habits

According to an article in The Week, half of all workers have put nothing away for retirement. Baby boomers have a median savings of only $78,000 while experts say to sustain a middle-class lifestyle across 15 or more years a retiree needs nearly one million dollars! At the same time...

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Some Boomers Set, Others Not for Retirement

Olivia Mitchell, a professor at the Wharton School of the University of Pennsylvania and executive director of the Pension Research Council says äóìboomers are not all created equal.äó According to Mitchell, many older boomers still have a defined benefit pension plan, probably some decent retiree medical insurance and Social Security....

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