HealthView Services 2016 Retirement Health Care Costs Data Report Released Retirement Health Care Costs for a 65-Year-Old Healthy Couple to Exceed $288,000 Projected 2015-2016 Retirement Health Care Inflation: 7.3% 66-Year-Old Couple Will Require 57% of Social Security Benefits to Cover Health Care Medicare Surcharges to Increasingly Impact Middle Class […]
There has certainly been an onslaught of newsworthy developments over the past few months – the tragic terrorist attack in Brussels, the chaos of the presidential campaigns, the possible dissolution of the European Union amidst the refugee crisis and Britain’s potential exit. Perhaps preoccupation with these incidents sidetracked me from broaching a topic that I’ve [...]
Last month, The Forum at Harvard T.H. Chan’s School of Public Health broached the topic, “The Aging Workforce: Challenges and Benefits for the Public's Health.” During the discussion, panelists spent considerable time on the phrase productive aging, which essentially measures how retired Americans can continue to be socially, economically, and intellectually engaged participants in society. [...]
A couple of people shared the new Government Accountability Office (GAO) Retirement Security report with me earlier this month on Income Replacement Rates (or Ratios), thinking I’d be interested, since we issued our white paper on IRRs last year. The GAO report makes interesting reading, as much for what it says, as what it does [...]
[vc_row][vc_column width="1/1"][vc_column_text]As regular readers know, I am a proponent of trying to stay healthy – especially as we age. Aside from the obvious benefits, such as avoiding hospital waiting rooms and enjoying better quality of life, being health-conscious is good for our pocketbooks. Fewer visits to the doctor mean lower copays and deductibles. So theoretically, [...]
The Boston area had been experiencing an especially mild winter until last Friday’s storm, which dropped around 7 inches of very heavy snow on the North Shore. We ended up losing the only tree in our front yard and another adjacent to the driveway. It’s heartbreaking to think that I planted those trees, while in [...]
I recently asked an orthopedist: “What is better for your health, walking or running?” Without any hesitation, he smiled and said, “Running. It’s putting my kids through college.” My wife, Marea, runs three to five miles most days, while I briskly walk 3.5 miles around the neighborhood in slightly less than an hour. So, “medically [...]
Last weekend, I went on a three-day “golfing vacation” with seven friends and let’s face it, you never know what can happen. Four of us were scheduled to leave on Friday afternoon at 4:40, but we actually took off at around 10:15 in the evening, so we had five mind-numbing hours of male bonding. Not [...]
This has been a very tough week, both for investors and Powerball enthusiasts. In fact, it was the worst opening week in market history. Stocks plummeted approximately 6%, and the estimated Powerball jackpot ballooned to a whopping $1.3 billion. My wife, Marea, has even caught the bug and told me that she was going out [...]
Back to reality. That’s what the first week of January feels like. And, didn’t the equity markets give us a healthy taste of reality on Monday! Back to work (although most of us probably never really stopped working) and Back to the Future, but not in a DeLorean. I’m not talking about the film, although [...]
