The senior members of the Baby Boom generation are turning 65 at a clip of roughly 10,000 per day. Even so, the generation …
seniors
Steadiest, Fastest-Growing Jobs: Service Gigs That Pay Poorly
In a tough job market, the industries that are growing the quickest and have been hiring like crazy are offering jobs with meager wages and duties that many workers find beneath them.
60 and Still Not Out of Student Loan Debt: Seniors Facing $36 Billion in College Loans
Student loan debt is usually thought of as a young person’s problem. Those who earned their degrees in 2010 graduated with what was then a highest-ever average of $25,250 in student loans, and considering that education costs are …
Bernanke to Income-Starved Retirees: Tough Luck
If it wasn’t clear already, it is now: securing decent retirement income in a low-yield environment is going to be a problem for a long time. Seniors who have been eking by through temporary measures like drawing down an …
Why Seniors Don’t Deserve the Senior Discount
On average, citizens who earn the most money and have the most net wealth are 50 and over. So why is it this group that’s entitled to discounts at the movies, supermarkets, hotels, and nearly everywhere else you turn, while the …
5 Myths About Retirement Homes
Developers have made great strides in recent years, presenting seniors with vastly more appealing alternatives than the traditional nursing home. Still, misconceptions about retirement villages abound and may lead …
Hit by the Fine Print: Three Ways the Debt Deal Could Hurt Seniors on Medicare
Medicare turned 46 last week, but instead of celebrating its major accomplishment — keeping millions of older Americans healthy — it finds itself under siege. The program appears to have squeaked through unscathed in the debt …
What’s New & Weird in Baby Formula, Cars, Beer, Gluttony, and More
I’m not sure why you’d want to buy a beer for a friend—or your dad—on Facebook. But you can now do so. Here’s a roundup of odd and interesting consumer news and trends.
Medicare Sellers Are After Me!
After 23 years of covering — and giving advice about — Medicare, a veteran journalist wades into the system herself. Part 2 of a 5-part series.
Kevorkian Economics: Should People Be Allowed to End Their Lives to Save Money?
In a new survey, more than one-third of respondents say that “mentally able seniors” should be allowed to end their lives in order to “help save health care costs.”
Save Money Now: 18 Resources to Help You Hang On to More Cash
Included in this week’s roundup: colleges where tuition is free, best online savings accounts, stuff the cell-phone companies won’t tell you, unconventional ways to find jobs, worst items to buy at drugstores, reasons you might want to totally ignore your credit score, and justifications for why you’re not buying a diamond engagement …
Senior News: If You’re Going to Die, It Pays to Do So in 2010
Due to an odd loophole in the so-called death tax, the highest tax rate assessed to a deceased person’s estate goes from 45% this year to 0% next year, then up to 55% in 2011. The takeaway is: If you’re super rich and want to pass along that wealth to your kids and not the government, do your best to kick the bucket in 2010.
