February 3, 2020
Your weekly link to grown-up news and information from credible
newspaper and magazine publications, and news media outlets nationwide.
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What You Do to Reduce Loneliness:
Various surveys of older Americans have found that between 33% and 43% of them are lonely. But we wanted to find out how lonely, what makes them feel lonely, when they feel lonely and, most important, what they do to feel less lonely. Next Avenue, Jan. 31.
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How to Choose the Right Hospital for You:
Most people spend more time shopping for a kitchen appliance or flat-screen TV than choosing a hospital. But selecting the right one can be as important as the doctor you choose. The Oklahoman, Jan. 28.
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CPR, by Default:
When very old patients suffer cardiac arrest, doctors usually try to revive them — even if they were already near death. The New York Times, Feb. 1.
Mild Heart Attack Symptoms To Watch Out For:
According to the Centers for Disease Control and Prevention, someone in the U.S. suffers a heart attack every 40 seconds. This means, about 805,000 Americans have a heart attack yearly. Medical Daily, Jan. 29.
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4 Reasons Medicare Might Cost More Than You Think:
Medicare provides health coverage to millions of seniors 65 and over. But that coverage comes at a cost -- one that tends to catch seniors off-guard for the following reasons. The Motley Fool, Jan. 28.
Why a New Medicare Policy Could Cut Back on Physical Therapy:
Medicare changed its payment policy for physical, occupational and speech therapy in skilled nursing facilities, moving to a new system called the Patient-Driven Payment Model that will dramatically alter how companies that provide these services are paid for treating clients. Next Avenue, Jan. 29.
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Seniors Deal with the Harsh Reality of Debt:
The median debt for older Americans shot up 400% between 1989 and 2016, according to the Federal Reserve. But you do not often hear about it, perhaps because of emotional factors like shame and embarrassment. Reuters, Jan. 29.
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5 Ways to Stop Divorce from Wrecking Your Retirement:
More and more couples are calling it quits on their long-term marriages, and this so-called “gray divorce” can throw retirement plans into disarray. But careful planning can mitigate the financial fallout. Money, Jan. 29.
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Best IRA Accounts:
You don't need a lot of money to open a tax-advantaged IRA account with these companies. U.S. News & World Report, Jan. 27.
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10 Tax Breaks for People Over 50:
Once you turn 50, and especially after age 65, you can qualify for extra tax breaks. Older people get a bigger standard deduction, and they can earn more before they have to file a tax return at all. U.S. News & World Report, Jan. 27.
How 10 Types of Retirement Income Get Taxed:
When you're planning for retirement, it's fun to contemplate all the cruises, rounds of golf and restaurant meals you have ahead of you. However, many retirees don't take into consideration the cumulative impact of federal and state income taxes on withdrawals from their nest eggs. Kiplinger, Jan. 27.
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The Best Places for Single Boomers to Retire:
Many baby boomers will find themselves suddenly single in retirement, typically because they are widowed or divorced. Here’s a look at the cities that have the most seniors who are currently single. U.S. News & World Report, Jan. 31.
The Best Places to Retire in Latin America:
Many cities in Latin America provide a high quality of life at an affordable price. Your current income will stretch further if you are willing to relocate for retirement to South or Central America. U.S. News & World Report, Jan. 30.
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Some Heirs Could Face a Tax Squeeze:
If you plan to leave a hefty part of your IRA to your adult children, you may want to schedule an appointment with your estate-planning attorney and your financial planner. Kiplinger, Jan. 30.
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Moves to Make Now To Age in Place:
If you are a longtime homeowner and thinking ahead to your next stage of life, you might already be considering renovation projects, such as installing grab bars in your bathroom or widening your doorways, to help you stay put. Kiplinger's Retirement Report, Jan. 28.
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The Emotional Wallop of My Friend’s Green Burial:
A green burial is an “everything old is new again” practice: After death, no chemicals are used to preserve the body. No heavily shellacked coffin is placed in the earth. Rather, one’s burial is done as naturally as possible so the body can return to and nourish the very earth beneath our feet. Next Avenue, Jan. 30.
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