The trend is the same, but it seems the numbers are getting worse. Seventy-one percent of Americans say they do not have enough retirement savings, according to a new national survey. Especially worrisome: More than half of those surveyed, 54 percent, believe they will never pay off their debt fully. Read the full article at […]
“The aging megatrend could generate massive opportunities. We are at the beginning of a longevity revolution. The aging megatrend — caused by increased life expectancies and plummeting birthrates — will disrupt traditional working norms, challenge virtually all businesses and transform society’s structure. Conventional thinking holds that this upheaval will trigger an economic calamity. The worldforce […]
“Technology holds great promise to prevent aging’s high-octane dramas if we’re willing to surrender some of our autonomy to it before we’re cognitively impaired. It’s now possible to monitor remotely and unobtrusively our driving and financial transactions, monitoring that could allow us to live with the confidence that problems will be detected and necessary interventions […]
Are you a fidgeter? From now on, you can ignore the frequent requests you undoubtedly receive to just sit still. A new study finds that fidgeting — the toe-tapping, foot-wagging and other body movements that annoy your co-workers — is in fact good for your health. Read the full article at The New York Times.
Bringing older adults and children together can offer both groups big benefits, a new Stanford report concludes. “There is growing reason to think that older people may be just the resource children need,” said Laura Carstensen, PhD, who led the report and is the founding director of the Stanford Center for Longevity. Read the full […]
Recent studies conducted by the Stanford Center on Longevity (SCL) and the Society of Actuaries (SOA) show how employer-sponsored 401(k) plans and their advisers and administrators can use their resources to construct a menu of diversified retirement income options.One important conclusion from the SCL/SOA studies is that 401(k) plan sponsors have the potential to increase […]
“Half of private America is working full time and have nothing, so when they hit 65 or 70, basically all they have is Social Security, which is on average a little over a grand a month,” said Joshua Gotbaum, a guest scholar in economic studies with the Brookings Institution. Yet, a state-by-state effort to turn […]
Universities, colleges and community colleges have the opportunity to create programs for people in midlife who seek personal transformation, reinvention and redirection. Read the full article at Next Avenue.
The world’s population of older adults is expected to double to 2 billion by 2050. With these unprecedented demographic changes, the potential for fraud associated with cognitive decline is becoming a pressing issue in the financial services industry. Two reports published online today by the World Economic Forum (WEF) found that new technologies can assist […]
For many people, a good death means having the chance to say goodbye to loved ones, making sure to let them know what they’ve meant to you. But, of course, no one can plan when or how they’re going to die, so this communication doesn’t always happen. To make sure that your friends and loved […]