Retirement

America’s retirement and elder poverty crisis is painful, frightful, and undeniable—yet some experts are denying there is a retirement income security crisis and trying to persuade us there’s nothing to worry about. We wish that were so, but the numbers tell us there is a quite serious retirement crisis. Numbers Show Retirement Crisis Nearly half

The labor market has been booming for years, but the speedy recovery from the depth of the pandemic-induced recession has been uneven. Even as aggressive fiscal policy interventions helped state and local government employment recover much more quickly than after the Great Recession, it still took state and local government employment longer than private sector

As he has often done in the past, Blackrock Chair/CEO Larry Fink offers a provocative new iteration of stakeholder capitalism in his annual letter to investors. This time, it’s about rethinking the retirement age. In a subtle shift away from his multi-year focus on environmental, social and governance (ESG) themes, Fink seeks to draw broad-based

A friend, new to Medicare, asked me whether Medicare covered annual physicals. I told him, “No, it doesn’t.” The Social Security act clearly prohibits Medicare from paying for annual physical examinations. A week later, he told me I was wrong. He found proof that Medicare does indeed cover these examinations. “Physical exams, right there, on

I was stuck a few months ago. After the unexpected but welcome blessing of the birth of our healthy newborn (the two older kids are 20 and 18 😊), my wife and I had just come home from the hospital following emergency surgery resulting from latent labor complications. We had a plan worked out for

Any estate planning lawyer who drafts wills, trusts, powers of attorney and healthcare directives would tell you something frustrating: some clients won’t sign anything the lawyer prepared. This issue is not limited to adult children of aging parents. It affects solo agers and married couples as well. In a recent conversation at AgingParents.com with an

If you keep an eye on the news, you might have read or heard scary headlines that the Social Security Trust Funds are projected to be exhausted in the year 2034, with the conclusion that Social Security will soon be bankrupt. While the first part of this sentence is true, the conclusion in the second

A recent study into expat happiness around the world saw Old World great Spain dominate the rankings. Valencia was crowned the number one city for quality of life for expats while Malaga, Madrid, Alicante, and Barcelona all earned a place in the top ten. In addition, Spain was first runner up when it came to

It is election season. This is a time when the question of whether people are materially better off than they were four years ago comes up. Comparing March 2024 to March 2020, when a once-in-a-century pandemic broke out, the answer is obviously a resounding yes. But, even considering the winter of 2024 relative to the

Yesterday, the conservative House Republican Study Committee released its latest budget plan. To the RSC’s credit – and, honestly, to my own surprise – the RSC took on the dangerous issue of reforming Social Security, standing up not only to Democrats looking to demagogue the issue but to former President Trump’s efforts to duck the