Americas

Boomers sure to keep housing booming

For those who want an inside glimpse into the future of U.S. housing, there’s only one thing to remember: baby boomers. With their characteristic defiance toward old age and enviable disposable income, retiring baby boomers want to stay “active,” said Richard Dugas, president and CEO of Pulte Homes, one of the nation’s largest builders of adult housing communities targeted at[Read More…]

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US : number of old worker increases

People over 60 have accounted for more than 10 percent of the total number of employed people for two consecutive months, the National Statistical Office said yesterday. According to the report, 2.3 million older people were working at the end of May, or 10.3 percent of the employment total. This reflects the growing number of older people who are actively[Read More…]

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Now is the time to save for retirement

As Baby Boomers and other older workers pass through their peak earning years, few are accumulating personal savings, which raises serious questions about their financial security when they retire, according to three new studies sponsored by the AARP Andrus Foundation. The studies show that several groups have an especially tough time saving for retirement, including women, part-time workers, minority group[Read More…]

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Smart Card Technology to Provide Medication Reminder for Elderly

For many seniors, forgetting to take medication on schedule, or forgetting whether they have already taken their medication can be dangerous. Now, a design graduate student has developed a solution using smart card technology, according to a recent report by CNN. The device, « PillAid, » involves a smart card and a dispenser and is aimed at improving communication among patients, pharmacists,[Read More…]

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Some Aging Baby Boomers Buying Larger Homes Instead of Retirement Condos

According to a recent article in the Miami Herald, a fast-growing segment of the 55-and-older housing market consists of big single-family homes, rather than condo or townhouse developments aimed at those wanting to downsize the size of their homes. Rather than decreasing their space, many retiring boomers may be looking only to decrease hassles, such as home maintenance, landscaping and[Read More…]

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