The popular image of baby boomers is of white, suburban kids who grew up watching “The Mickey Mouse Club” and protested the Vietnam War, not the children who came of age during the Reagan era. But a new study by two Duke University sociologists, released as the last of the boomers is turning 40, shows the Baby Boom as a[Read More…]
People are living longer, at a time when investment returns have fallen. As a result, many occupational pension schemes have big deficits and the retirement incomes of millions are in jeopardy. The government yesterday published proposals to protect the rights of pension scheme members but the other questions on funding retirement remain unanswered. The crisis in occupational pensions is dire.[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…]
SCAN Health Plan Provides Ten Tips to Assist Adult Children Help Parents Maintain Dignity and Quality of Life as They Age ; Watching parents grow older can be an emotional drain on adult children. This is especially difficult for those who still want to see their mother and father as vibrant, active, middle-aged individuals. ; “Parent[Read More…]
More than one-quarter of consumers may be overly optimistic about how well they are planning and saving for retirement, according to a Wachovia Retirement Fitness study. The comprehensive survey of 2,100 consumers nationwide revealed that 26% of consumers feel confident about retirement planning and consider themselves experienced investors, yet they may need to do more to prepare. The survey showed[Read More…]
HIGH on the list of economic factors wheeled out to depress us is the savings ratio. According to experts, we are not saving enough. Some bright spark in government – there’s a contradiction – has worked out we are short to the tune of £27 billion. Interestingly, that’s roughly the total tax taken from our pension funds by the government[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…]
No matter how fit she is, no matter how flat her tummy, a 50-year-old woman in ultra low-rise jeans is going to raise eyebrows. Fashion has left the boomers behind. To a generation focused on youth and accustomed to seeing itself reflected everywhere, it’s galling that the key fashion statement of the day is not meant for them. And here[Read More…]
Today sees the launch of IndependentAge, the national charity that champions the cause of independence for older people. IndependentAge is the new face of The Royal United Kingdom Beneficent Association, which has been in existence for over 140 years. This name change is underpinned by the findings of a recent MORI survey, commissioned by IndependentAge which reveals that around the[Read More…]
DENVER ;— ;The generation once known for embracing granola and peace is now popping pills and shelling out big bucks to ;keep ;a youthful appearance. Baby boomers (search) ;are aging — but not without a fight. American ;40- and 50-year-olds are flocking to clinics and supplement stores, frantically trying to slow down the aging process. Taking a daily vitamin supplement[Read More…]
