America’s worsening retirement problem

By Danny Vinik; Politico ~ Aug 22, 2016

When a crisis ends, not everyone recovers equally. And in the wake of the 2008 financial crisis, though the stock market has long recovered, there is an important group that was hit badly – and hasn’t bounced back.

This is Americans nearing retirement.




Why Your Social Security Number Is So Precious

By Brette Sember; Business 2 Community ~ Aug 22, 2016

Think about how often you’re asked to provide your Social Security number. Healthcare providers, potential employers, creditors, banks, insurance companies, and, of course, the IRS –businesses and agencies from all over routinely want this information. They do so because those nine digits are yours alone and thus provide a powerful form of identification.




Social Security’s Long-Term Cash Shortfall Has Doubled Since 2010 and Now Stands at $32 Trillion

By Sean Williams; The Motley Fool ~ Aug 20, 2016

Without Social Security income, many of today’s retirees would likely struggle to make ends meet. According to a national poll conducted by Gallup in 2015, 59% of retired seniors count on Social Security benefits to be a major source of monthly income, while another 31% rely on their Social Security benefits as a minor source.




Where Clinton and Trump Stand on Retirement Security

They haven’t said much, but here’s what we do know….

By Richard Eisenberg; Next Avenue ~ Aug 19, 2016

Part of the Election 2016 Special Report

(This is the third in a series of Next Avenue blog posts on where presidential candidates Donald Trump and Hillary Clinton stand on key issues of interest to Americans over 50. The first article was about where Trump and Clinton stand on Social Security. The second article was about where they stand on health care and Medicare.)




Longevity And Your Retirement

From “FidelityVoice”; Forbes ~ Aug 18, 2016

Fifty years ago, most Americans shared a common view of retirement. You left the 9-to-5 job and transitioned into your “golden years,” a period of roughly 10 to 15 years, give or take, to live off your pension plan and enjoy life. Now it’s hard to say what retirement is. For many it can stretch 30 years or more and involve a series of new and different chapters that form various mosaics of leisure, work, and giving back to society.




Column: Social Security texting snafu underscores customer service woes

By Mark Miller; Reuters ~ Aug 18, 2016

(The writer is a Reuters columnist. The opinions expressed are his own.)

CHICAGO – Now is the summer of our discontent with Social Security’s customer service – and fall and winter could be worse.

The Social Security Administration (SSA) stumbled this month when it added a mandatory extra layer of website log-on security requiring customers to receive a code via text message. But the agency’s customer service problems go much further than just text messages.




New study finds homebound, elderly patients missing out on in-home care

By Jane Kelly; Medical Xpress ~ Aug 18, 2016

New study finds homebound, elderly patients missing out on in-home care
Aaron Yao, an assistant professor of public health sciences, found that too few clinicians make house calls to homebound elderly. Credit: University of Virginia




Doctor Prescribing Linked to Industry Gifts

Researchers examined drugs to prevent blood clots and to treat diabetes and found certain ones were prescribed more often by doctors who had received gifts from those companies.

By Kimberly Leonard; US News & World Report ~ Aug 18, 2016

Drug companies have long courted doctors with gifts, from speaking and consulting fees to educational materials to food and drink. But while most doctors do not believe these gifts influence their decisions about which drugs to prescribe, a new study found the gifts actually can make a difference – something patient advocates have voiced concern about in the past.




Medical Providers Try Uber, Lyft For Patients With Few Transportation Options

By Zhai Yun Tan ; Kaiser Health News ~ Aug 17, 2016

Edith Stowe, 83, waited patiently on a recent afternoon at the bus stop outside MedStar Washington Hospital Center in the District of Columbia. It’s become routine for her, but that doesn’t make it any easier.

Stowe, who lives about five miles from the hospital, comes into the medical center twice every three months to get checkups for chronic kidney failure. She doesn’t own a car and relies on buses.




Rising Health Care Costs Can Eat Up Your Retirement Savings

By Janna Herron; The Fiscal Times ~ Aug 16, 2016

The good news is that Americans are saving more for their golden years. But the task just got harder as a key retirement cost increased this year.

One in five American workers increased their retirement savings from last year, the highest level in five years, according to a new Bankrate.com survey. Only one in 20 haven’t saved at all this year or last year, a new low for the study.










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