When Is The Right Time to Retire? It’s hard to say when it's right time to retire; however, it is easy to say it is the wrong time to retire. You shouldn’t retire unless you have sufficient funds to carry you through your golden years. In the past, most people retired in their sixties. With declining savings and living costs going up, many … [Read more...]
Fewer Family Practice Doctors
Fewer doctors in the United States are going into family practice. Solo medical practitioners involved in family practices are becoming scarcer. The American Academy of Family Physicians, in 1986, represented forty-four percent of the practicing doctors. As of 2008, only eighteen percent of practicing physicians are in family practice and that … [Read more...]
Retirement: What if You Haven’t Saved any Money?
Retirement is supposed to be a time of relaxation and enjoyment for Americans. The current economic situation in the United States may require a re-thinking of retirement issues. A recent study has shown that one in four individuals approaching retirement have saved nothing for their retirement years! The Employee Benefit Research Institute … [Read more...]
Baby Boomers Will Have Trouble Retiring
Baby Boomers are going to have difficulty retiring. Recent studies indicate that baby boomers will work four years more than earlier generations due to the economic problems they have faced in recent years. The years following retirement are referred to as the "golden years". There may not be much gold left for the baby boomers! Baby boomers are … [Read more...]
The New Health Care Law – Affordable Care Act
The Republicans in Congress are challenging the health care law passed in 2010 by President Obama and the Democratic controlled Congress. Question: How does the health care law affect you? Americans between the ages of fifty and sixty-four will be significantly affected by the Affordable Care Act (ACA). Unfortunately, due to the economic … [Read more...]
Medicare: How Do We Reform This Program?
Cutting Doctor Reimbursements Congress is considering a 23% reduction in the reimbursement to physicians who render medical treatment to Medicare patients. Will doctors accept this type of reduction? There is concern that the doctors will simply refuse to treat Medicare patients if they are not paid a reasonable fee. This will force … [Read more...]
Dealing With Nursing Home Abuse of Senior Citizens
When you place a loved one in a nursing home, it is your hope that they are going to be cared for. The nursing home is responsible for meeting their needs for food, shelter and medical care. There has been a significant number of cases in recent years where nursing homes have not provided the high-level of care that is their obligation. In some … [Read more...]
Caring for Senior Citizens From Long Distance
When we were born, our parents cared for us. Are we up to the task of taking care of our parents when they grow old? This is especially difficult when you don't live near your parents. Siblings Nearby Some people are lucky, in that a brother or sister lives near their parents. While the sibling becomes the primary caretaker, it is … [Read more...]
The Worst States in Which to Retire
Individuals who reach the age of retirement are usually on a fixed income. It is important for these retirees to receive the biggest bang for their buck. They need to live on a moderate level so they do not live longer than their money can support them. According to the Pew Center for States Report, the ten worst states for retirees to … [Read more...]
A Gift to Americans From Congress and President Obama
President Obama, in a statesman-like series of decisions, has worked out a compromise with the new Republican majority in the House of Representatives regarding jobless benefits, income taxes and estate taxes. Although some of the President's democratic colleagues did not see eye-to-eye with the President on this issue, in the spirit of … [Read more...]
