With an unsettled economy, an abundance of political spending and retirement anywhere from seven to 20 years away, aging baby boomers are starting to worry about running out of money—one day. Many baby boomers are taking care of children as well as aging parents and their financial pressures are mounting.Studies show that 41 percent of baby boomers worry about having[Read More…]
Sunrise Senior Living, Inc. ;the nation’s largest provider of senior-living services is celebrating the daily accomplishments of nurses who serve Sunrise residents and customers. Sunrise employs more than 3000 nurses who coordinate and deliver quality senior health care in its senior-living communities and through its home-based provider, Sunrise At Home Assisted Living. “Nurses play an important role throughout our organization, focusing[Read More…]
By Isabel M. Isidro In about 10-15 years, the first wave of post-war baby boomers will begin to retire and we will see a significant increase in the number of older people. The baby-boom generation – those born between 1946 and 1964 – will begin to turn age 60 in about 2006 and age 65 about 2011. In the next[Read More…]
Latin America’s more than decade-long experience with pension reform has delivered significant fiscal, social and financial benefits, but the failure to extend access to social security and private pensions to a broader segment of society has been a major disappointment, according to a new World Bank report. An advance conference edition of the report, Keeping the Promise of Old Age Income[Read More…]
Wells Fargo’s Elder Services programhas earned an “Honorable Distinction” award in the American Society on Aging’sBusiness and Aging category. The annual award, in the Large Business category,is given to companies that provide exemplary programs and services to meet theneeds of the aging population. ; ; ; “We are honored with this recognition by the American Society on Aging,”said Sandra Anderson,[Read More…]
The demographics of the United States will change dramatically during the next 25 years as more baby boomers reach their 60s, 70s and beyond. The U.S. Census Bureau projects that the number of Americans age 65 or older will swell from 35 million today to more than 62 million by 2025 – nearly an 80 percent increase. As people grow[Read More…]
Baby boomers are known for wanting the best of everything : sleek power tools ; the newest, most technological electronic gadgets ; and advanced entertainment systems that play everything from the latest DVD and CD releases to home-made movies. Of the more than 75 million Americans born between 1945 and 1964, 16 million experience some degree of hearing loss. But recent discoveries in hearing[Read More…]
A Health Select Committee report has revealed that at least half a million older people face abuse from relatives or carers. The abuse comes in the forms of psychological, financial, physical and sexual abuse, and neglect and over-medication. As well as taking place in their own homes, abuse happens in nursing homes, residential care, hospitals and sheltered housing. The Committee[Read More…]
The Gymboree Corporation announced the launch of Janeville(TM), a new retail concept offering clothing and accessories for women in their mid-30s and older who value modern styling, comfort and individuality. The Gymboree Corporation will open the first three Janeville stores throughout April, and plans on opening a total of 10 stores in 2004. “We’ve designed Janeville clothing in collections so[Read More…]
Aging populations will lead to intense pressure on the public finances of OECD countries if no structural reforms are enacted or if fiscal consolidation is not stepped up, Standard & Poor’s Ratings Services said in a report. « Sovereign ratings could come under strong pressure as early as the end of this decade unless governments start tackling this threat effectively, » said[Read More…]
